A dominant firm’s strategy and its effect on the capital structure of non‐dominant firms in the self‐service discount stores industry

In an industry characterized by oligopolistic market structures there are generally firms that have enough market power as to influence the pricing and output decisions of all participants, forcing others to follow the strategies followed by the dominant firm(s) with very little opportunity to do otherwise. When a dominant firm is part of a larger corporation, which gives it the financial capacity to support an above‐average, long‐term investment, as a logical reaction to protect (or minimize the loss of market share), the rest of the participants in the industry are expected to also make an attempt to increase their investments, fundamentally affecting the long‐term capital structure strategy. This work’s contribution consists on presenting an empirical analysis of the capital structure decisions of the non‐dominant firms in the Self‐Service Discount Stores Industry (SSDSI) that result from the rapid expansion of Wal‐Mart in the Mexican market

A dominant firm’s strategy and its effect on the capital structure of non‐dominant firms in the self‐service discount stores industry

In an industry characterized by oligopolistic market structures there are generally firms that have enough market power as to influence the pricing and output decisions of all participants, forcing others to follow the strategies followed by the dominant firm(s) with very little opportunity to do otherwise. When a dominant firm is part of a larger corporation, which gives it the financial capacity to support an above‐average, long‐term investment, as a logical reaction to protect (or minimize the loss of market share), the rest of the participants in the industry are expected to also make an attempt to increase their investments, fundamentally affecting the long‐term capital structure strategy. This work’s contribution consists on presenting an empirical analysis of the capital structure decisions of the non‐dominant firms in the Self‐Service Discount Stores Industry (SSDSI) that result from the rapid expansion of Wal‐Mart in the Mexican market

Modelo econométrico del sector telecomunicaciones en México : el caso de TELMEX

Maestría en Economía con Especialidad en Economía apicad

El nuevo milenio mexicano : el cambio estructural

1 archivo PDF (482 páginas) ; Tomo 3 de "El nuevo milenio mexicano"Este tercer tomo de El Nuevo Milenio Mexicano, conjunta temas alrededor de las reformas estructurales impulsadas por la necesidad de enfrentar los retos de una nueva época económica, caracterizada por profundas transformaciones globales y continuadas carencias internas. Algunas reformas son ya un hecho, aunque exigen de una revisión permanente en función de su efectividad para alcanzar el cambio propuesto; otras son hasta la fecha una asignatura pendiente. en donde su cristalización depende de un nuevo acuerdo entre los agentes económicos. PALABRAS CLAVE: Economic policy. Globalization