Found 7 article(s) for author 'Felix Oberholzer-Gee'

Is Retail Dying? Plus, How Are Companies Spending their Tax Cuts?

Is Retail Dying? Plus, How Are Companies Spending their Tax Cuts? Youngme Moon, Mihir Desai, Felix Oberholzer-Gee, October 24, 2018, Audio, “Youngme Moon, Mihir Desai, and Felix Oberholzer-Gee discuss whether the “retailpocalypse” is real, try to figure out how companies are spending their Trump tax cuts, debate whether share buybacks are a good thing or a bad thing, and offer their picks for the week.Link

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Bureaucrats as managers and their roles in corporate diversification

Bureaucrats as managers and their roles in corporate diversification. Felix Oberholzer-Gee, March 8, 2017, Paper, “We examine the diversification choices and financial performance of companies run by former bureaucrats in China. We find that the ex-bureaucrat led companies are involved in more diversified business lines than other firms managed by professionals without such government backgrounds. While former bureaucrats that manage state-owned enterprises (SOEs) tend to operate in unattractive industries, those who manage private firms do businesses in more profitable, faster-growing, and more related industries. The diversification of private firms is helped by additional borrowing capacity brought in by ex-bureaucrat CEOs, while no such financing effect is found in SOEs. The overall diversification performance associated with bureaucrat CEOs is positive in private firms, but not in SOEs. As manifested by the different diversification strategies and outcomes between private firms and SOEs, the government-linked CEOs facilitate transfers of critical business resources that benefit either owners’ or governments’ goals.Link

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Integrated Strategy: Residual Market Imperfections as the Foundation of Sustainable Competitive Advantage

Integrated Strategy: Residual Market Imperfections as the Foundation of Sustainable Competitive Advantage. Felix Oberholzer-Gee, Dennis Yao, February 1, 2017, Paper, “Market imperfections are central to understanding the mechanisms that permit firms to capture value. Through competition leading firms often reduce these imperfections, making markets more efficient. The remaining imperfections become a primary impetus for government intervention. Hence, understanding residual market imperfections – those imperfections that persist after market competition and regulation are accounted for – must undergird any assessment of the long-term attractiveness of firm strategies. Our proposed framework provides an integrated view of competition and government intervention, two of the principal forces that influence variation in firm profitability.Link

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A great product and a great strategy are different things: Felix Oberholzer Gee

A great product and a great strategy are different things: Felix Oberholzer Gee. Felix Oberholzer Gee, November 24, 2014, Opinion. “Interview with Professor of Business Administration in the Strategy Unit, Harvard Business School: Strategically speaking, Apple keeps making the same mistake over and over: developing a really great product and then failing to make that product ubiquitous, Felix Oberholzer Gee tells Devina Joshi…” Link

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The Limits of Scale: Companies That Get Big Fast Are Often Left Behind. Here’s Why.

The Limits of Scale: Companies That Get Big Fast Are Often Left Behind. Here’s Why. Felix Oberholzer-Gee, April 2014, Paper. “The value of many products and services rises or falls with the number of customers using them; the fewer fax machines in use, the less important it is to have one. These network effects influence consumer decisions and affect companies’ ability to compete. Strategists have developed some well-known rules for navigating business environments with network effects. “Move first” is one, and “get big fast” is another. In a study of dozens of companies…” May require purchase or user account. Link

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