DSpace Collection:https://hdl.handle.net/10216/18762026-07-29T13:43:12Z2026-07-29T13:43:12ZThe role of fiscal and monetary policies on growth and wageshttps://hdl.handle.net/10216/1750932026-07-18T06:41:20Z2026-07-10T00:00:00ZTitle: The role of fiscal and monetary policies on growth and wages2026-07-10T00:00:00ZNomological Network of Turnover in the Portuguese Military Contexthttps://hdl.handle.net/10216/1736532026-07-11T07:00:41Z2026-03-06T00:00:00ZTitle: Nomological Network of Turnover in the Portuguese Military Context2026-03-06T00:00:00ZSustainable Business Practices in Business Relationships: a Study in the Portuguese Automotive Industrial Networkshttps://hdl.handle.net/10216/1746162026-07-11T06:21:43Z2026-05-25T00:00:00ZTitle: Sustainable Business Practices in Business Relationships: a Study in the Portuguese Automotive Industrial Networks2026-05-25T00:00:00ZInequality, Sorting, and Optimal Policyhttps://hdl.handle.net/10216/1746402026-06-27T06:46:08Z2026-06-19T00:00:00ZTitle: Inequality, Sorting, and Optimal Policy2026-06-19T00:00:00ZCorporate Social Responsibility and Market Outcomeshttps://hdl.handle.net/10216/1746152026-06-24T06:42:00Z2026-06-02T00:00:00ZTitle: Corporate Social Responsibility and Market Outcomes2026-06-02T00:00:00ZEssays on lntra-Family Moral Hazard.https://hdl.handle.net/10216/1716292026-06-06T06:39:39Z2025-12-05T00:00:00ZTitle: Essays on lntra-Family Moral Hazard.2025-12-05T00:00:00ZThe Influence of Middle Managers on the Adoption of Gamification in Strategic Alignmenthttps://hdl.handle.net/10216/1485552026-03-21T07:55:29Z2023-03-20T00:00:00ZTitle: The Influence of Middle Managers on the Adoption of Gamification in Strategic Alignment2023-03-20T00:00:00ZBlockchain and business value creationhttps://hdl.handle.net/10216/1510812026-03-21T07:45:10Z2023-03-02T00:00:00ZTitle: Blockchain and business value creation2023-03-02T00:00:00ZAccounting Standards Setting and Regulatory Capital Arbitragehttps://hdl.handle.net/10216/1651432026-03-16T07:43:00Z2025-01-30T00:00:00ZTitle: Accounting Standards Setting and Regulatory Capital Arbitrage2025-01-30T00:00:00ZStrategy performance relationship in Europehttps://hdl.handle.net/10216/1480722026-01-14T07:31:57Z2023-01-05T00:00:00ZTitle: Strategy performance relationship in Europe
Abstract: The present dissertation is composed by three studies that connect the relationship between business strategy and performance of listed companies in Europe in the STOXX index in different ways. Supporting our research on the framework developed by Miles and Snow, which is based on the way companies solve three fundamental problems: entrepreneurial, engineering, and administrative, our investigation aims to verify whether or not this strategic orientation is independent of the national culture, the degree of uncertainty and dynamism and the digital/technological transformation.
The first study investigates the importance of strategic orientation and national culture in the performance of listed companies in Europe. Analysing the strategic orientation of the listed companies for the period between 2012 and 2019, there is empirical evidence that strategy impacts significantly on firm performance. Moreover, our results show that national culture has a moderating influence in the strategy-performance linkage.
In the second study, we explore the strategic behaviour of the listed companies for the period between 2015 and 2019, in the context of uncertainty and dynamism (national innovation capabilities). The analyses carried out enables a better understanding of the strategic behaviour that better fits to these contexts and at different levels performance. In order to access that different performance levels, we introduced an econometric model with a quantile regression approach, to complement our research with a better understanding strategy-performance linkage, analysing the effect of the explanatory variables at various quantiles of conditional performance distribution at low and high levels.
Finally, the third study assess if the business strategy in the context of digital transformation, of high-technology companies listed on the STOXX600 index. Panel data results obtained for the period between 2015 and 2019, shows that prospector strategy impacts significantly on firm performance. Findings also suggest that the presence of digital officer´s (CDO) in the top management team, is significant and impact on market value performance. Since this top manager´s play an important role in the business transformation, acting as enabler´s of digital transformation and helping in exploring new opportunities in the future.
Description: A presente tese é composta por três estudos que conectam a temática da relação entre a estratégia empresarial e a performance das empresas cotadas na Europa no índice STOXX. Tendo por base a tipologia estratégica desenvolvida por Miles & Snow, que assenta na forma como as empresas decidem resolver três problemas fundamentais: comerciais, de engenharia (ou operacionais), e administrativos, a nossa investigação pretende verificar se essa orientação estratégica é ou não independente da cultura nacional, do grau de incerteza e dinamismo nacional e da transformação digital/tecnológica.
O primeiro estudo investiga a importância da orientação estratégica e da cultura nacional na performance das empresas cotadas na Europa, analisando a orientação estratégica dessas empresas no período entre 2012 e 2019. Os resultados empíricos demonstram que a estratégia influencia de forma significativa a performance das empresas. Além disso, os resultados mostram ainda que a cultura nacional tem uma influência moderadora na relação entre estratégia e performance.
No segundo estudo, é investigado o comportamento estratégico das empresas cotadas na europa no período entre 2015 e 2019, num contexto de incerteza e dinamismo (capacidade de inovação nacional). As análises efetuadas permitem uma melhor compreensão do comportamento estratégico que melhor se adapta a estes contextos e a diferentes níveis de performance. Por forma a se aferir os diferentes níveis de performance, aplicou-se um modelo econométrico baseado na regressão por quantis, como complemento da investigação. Para uma melhor compreensão da relação entre a estratégia e performance, analisou-se o efeito das variáveis explicativas em vários quantis da distribuição condicional, em níveis mais baixos e mais elevados de performance.
Por fim, no terceiro pretende-se assim avaliar se a estratégia das empresas ainda é válida no contexto da transformação digital, das empresas mais tecnológicas cotadas no índice STOXX600. Os resultados dos dados em painel obtidos no período entre 2015 e 2019 mostram que a estratégia prospectora (prospector) influencia significativamente a performance das empresas. Os resultados também sugerem, que a presença de digital officer´s (CDO) na equipa de gestão de topo, tem um impacto positivo e significativo na performance das empresas, uma vez que estes gestores de topo desempenham um papel importante na transformação do negócio, atuando como facilitadores da transformação digital e ajudando na exploração de novas oportunidades no futuro.2023-01-05T00:00:00ZMudança organizacional como redefinição da relação entre centro e periferias: uma análise das relações de poderhttps://hdl.handle.net/10216/1569722026-03-14T07:35:35Z2023-11-28T00:00:00ZTitle: Mudança organizacional como redefinição da relação entre centro e periferias: uma análise das relações de poder2023-11-28T00:00:00ZThe impact of the ecb's asset purchase programme on european sovereign yields and equity marketshttps://hdl.handle.net/10216/1506752026-01-14T07:23:52Z2023-07-03T00:00:00ZTitle: The impact of the ecb's asset purchase programme on european sovereign yields and equity markets2023-07-03T00:00:00ZEssays on Refugee Entrepreneurshiphttps://hdl.handle.net/10216/1474772026-01-18T07:39:48Z2023-01-15T00:00:00ZTitle: Essays on Refugee Entrepreneurship2023-01-15T00:00:00ZVariações na publicidade em videojogos: Efeito ao nível das atitudes, memória e sentimentos de adolescentes e pré-adolescenteshttps://hdl.handle.net/10216/765762026-01-13T07:32:42Z2014-09-23T00:00:00ZTitle: Variações na publicidade em videojogos: Efeito ao nível das atitudes, memória e sentimentos de adolescentes e pré-adolescentes2014-09-23T00:00:00ZThe Determinants of Corporate Brand Avoidancehttps://hdl.handle.net/10216/1483022026-01-20T07:35:14Z2023-02-15T00:00:00ZTitle: The Determinants of Corporate Brand Avoidance2023-02-15T00:00:00ZBrand sensuality and consumer-based brand equityhttps://hdl.handle.net/10216/761532026-01-16T07:44:12Z2014-07-15T00:00:00ZTitle: Brand sensuality and consumer-based brand equity2014-07-15T00:00:00ZTrends of Rural Entrepreneurship - Essays Concerning the Theme.https://hdl.handle.net/10216/1189722026-01-16T07:38:49Z2019-01-25T00:00:00ZTitle: Trends of Rural Entrepreneurship - Essays Concerning the Theme.2019-01-25T00:00:00ZTeenagers Digital Content Activity: Antecedents and Measurement in Cusco-Peru Context.https://hdl.handle.net/10216/1210832026-01-19T07:35:29Z2019-07-04T00:00:00ZTitle: Teenagers Digital Content Activity: Antecedents and Measurement in Cusco-Peru Context.2019-07-04T00:00:00ZEssays on the use of real options approach in construction projects and build-own-transfer projectshttps://hdl.handle.net/10216/714572026-01-17T07:30:22Z2013-12-20T00:00:00ZTitle: Essays on the use of real options approach in construction projects and build-own-transfer projects2013-12-20T00:00:00ZEssays on Antitrust Issues for Horizontal and Vertical Mergershttps://hdl.handle.net/10216/789902026-01-13T07:30:03Z2015-06-05T00:00:00ZTitle: Essays on Antitrust Issues for Horizontal and Vertical Mergers2015-06-05T00:00:00Z