Competitive Dynamics in the Global Insurance Industry
ISBN:
978-3-8349-3991-3
Auflage:
2012
Verlag:
Betriebswirtschaftlicher Verlag Gabler, Gabler Verlag
Land des Verlags:
Deutschland
Erscheinungsdatum:
21.04.2012
Format:
Softcover
Seitenanzahl:
175
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This thesis investigates the competitive dynamics in the global insurance industry from 1999 to 2008. After reviewing the current state of the academic debate on interfirm rivalry, it derives a research agenda spanning different levels of analysis and phenomena of interest. Specifically, the thesis explores (1) how and why firms continuously adjust their strategic profiles in the presence of an industry's strategic group structure, (2) whether market shocks (namely 9/11 and Hurricane Katrina) temporarily change the decision-logic underlying competitive choices, and (3) whether stock markets respond differently to competitive moves that follow a clearly stated strategic rationale.
Biografische Anmerkung
Markus Schimmer obtained a Ph.D. in Management from the University of St.Gallen. During his Ph.D. studies, he was a visiting research scholar at the University of Virginia Darden School of Business with Prof. Ming-Jer Chen, Ph.D., who is a leading authority in competitive dynamics research.