Strategic Groups and Banks’ Performance

The theory of strategic groups predicts the existence of stable groups of companies that adopt similar business strategies. The theory also predicts that groups will differ in performance and in their reaction to external shocks. We use cluster analysis to identify strategic groups in the Polish ban...

Full description

Bibliographic Details
Main Authors: Gregorz Halaj, Dawin Zochowski
Format: Article
Language:English
Published: Institute of Public Finance 2009-06-01
Series:Financial Theory and Practice
Subjects:
Online Access:http://www.ijf.hr/eng/FTP/2009/2/halaj.pdf