dc.contributor.advisor |
Saville, Adrian |
|
dc.contributor.postgraduate |
Yankanna-Mohan, Ronnel |
|
dc.date.accessioned |
2018-08-17T09:42:51Z |
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dc.date.available |
2018-08-17T09:42:51Z |
|
dc.date.created |
9/30/18 |
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dc.date.issued |
2018 |
|
dc.description |
Mini Dissertation (MBA)--University of Pretoria, 2018. |
|
dc.description.abstract |
The role and impact of resource slack, and its effect on firm performance has been extensively researched as a firm-specific competitive advantage in developed economies. This research postulates that resource slack has a positive effect on performance ahead of economic volatility although aspects of agency theory infer that resource slack may also have an inverse parabolic-shaped relationship with firm performance. Using Penrose�s growth theory, the theory of dynamic capabilities and behavioural theory, this paper provides evidence of the role and effect of resource slack as a component of competitive strategy within an emerging market context. Three major types of slack are investigated within �transitional survivors� which are firms that survived the first transition period from apartheid (1990-1998) along with �transitional economy champions� which are firms that survived both the first transition period as well as the second transition period from the global financial crisis (2004-2012). Findings suggest that through entrepreneurial behaviour and dynamic learning capabilities, unabsorbed and potential financial slack play major roles in encouraging firm resilience, agility and the 23-year survivorship of the champions. Results from the regression analyses indicate that an amalgamation of slack-types is required to have a positive effect on firm performance. In addition, the polynomial regression analyses suggest no evidence of a significant inverse parabolic relationship between slack and performance in the case of South African firms. |
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dc.description.availability |
Unrestricted |
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dc.description.degree |
MBA |
|
dc.description.department |
Gordon Institute of Business Science (GIBS) |
|
dc.identifier.citation |
Yankanna-Mohan, R 2018, Transitional economy survivors : the role of slack as a competitive strategy and enabler of long-term business performance, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/66259> |
|
dc.identifier.uri |
http://hdl.handle.net/2263/66259 |
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dc.language.iso |
en |
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dc.publisher |
University of Pretoria |
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dc.rights |
© 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
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dc.subject |
UCTD |
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dc.title |
Transitional economy survivors : the role of slack as a competitive strategy and enabler of long-term business performance |
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dc.type |
Mini Dissertation |
|