Outstanding Paper Award

Citation

(2008), "Outstanding Paper Award", International Journal of Commerce and Management, Vol. 18 No. 4. https://doi.org/10.1108/ijcoma.2008.34818daa.003

Outstanding Paper Award

Article Type: Awards for Excellence From: International Journal of Commerce and Management, Volume 18, Issue 4

Relationships among industry environment, diversification motivations and corporate performance: an empirical study of the automobile industry in Taiwan

Bertram TanCollege of Business and Management, Kun Shan University, Yung-Kang City, Taiwan, Republic of ChinaHae-Ching ChangDepartment of Business Administration, National Cheng Kung University, Tainan City, Taiwan, Republic of ChinaChen-Kuo LeeDepartment of Business Administration, National Cheng Kung University, Tainan City, Taiwan, Republic of ChinaDepartment of Industrial Engineering and Management, Yung Ta Institute of Technology and Commerce, Pingtung Hsien, Taiwan, Republic of Chin

Purpose – This paper aims to examine empirically the relationships among industry environment, diversification motivations and corporate performance for a sample of Taiwanese automobile enterprises.Design/methodology/approach – A 55-item survey questionnaire was developed to obtain the responses from companies in the automobile industry in Taiwan. Independent sample t-test and x² tests were employed to confirm the homogeneity between the respondents and non-respondents by firm’s characteristics, including by industry, number of employees, and capital.Findings – The results suggest that industry environment has positive and significant impact on diversification motivations, and has positive but not significant impact on corporate performance. Diversification motivations has positive and significant impact on corporate performance. The results also indicate that firms of higher capital amounts have greater influence on diversification motivations and corporate performance, firms of publicly listed have greater influence on industry environment, diversification motivations and corporate performance and firms of higher degree of diversification have greater influence on diversification motivations only.Research limitations/implications – Several limitations exist in this study. This study adopts the cross-sectional research design and examines firms at one point time and because of the constraints of time and data availability, longitudinal research was not viable in this study. Also the amount of variation for some regression models is low.Originality/value – The paper’s results not only provide researchers with a theoretical basis for further research, but also provide top management teams with important data when engaging in diversification.

Keywords: Automotive industry, Diversification, Performance measurement (quality), Taiwan

www.emeraldinsight.com/10.1108/10569210710844390

This article originally appeared in Volume 17 Number 4, 2007, pp. 326-46 of International Journal of Commerce and Management, Editor: Abbas J. Ali

Highly Commended Award

International Journal of Commerce and Management

“The effect of supervision style and decision-making on role stress and satisfaction of senior foreign managers in international joint ventures in China”

Lung-Tan Lu, Yuan-Ho LeeVol. 17 No. 4, 2007

“Evaluating large US-based equity mutual funds using risk-adjusted performance measures”

Onur Arugaslan, Ed Edwards, Ajay SamantVol. 17 No. 1 and 2, 2007

Outstanding reviewer

International Journal of Commerce and Management

Paul Swiercz,The George Washington University, Maryland, USA