An analysis of what makes large Australian firms tick, drawing on the unique data of Phil Ruthven's IBIS Information.
'I highly recommend this book.' Dr. Peter Jonson, Chairman, ANZ Funds Management
'A timely reminder of the major contribution big business makes to Australia's welfare by way of jobs, exports and national production. This book rightly emphasises the dynamic interdependence of big and small business and brings out the real value of innovation and focus in competitive business performance.' David Buckingham, Executive Director, Business Council of Australia
The role of big business is an important, and sometimes emotive, topic in any discussion of the state of the nation. Big businesses dominate the Australian economy. They are, directly and indirectly, major generators of economic growth, jobs and export earnings. Big businesses also possess a degree of market power that may enable them to act in ways that raise major issues of public policy. Thus it is important to understand what makes big businesses perform well or poorly.
Is diversifying a company's activities a useful strategy to improve its performance? What management practices are distinctive to successful firms? Is monopoly power a significant issue in the Australian economy and a determinant of how business performs? Does current competition policy promote better performance?
This book provides a systematic set of analyses of how Australian big business performs, using the unique and rich data collated by IBIS Business Information Systems. In How Big Business Performs a team of skilled contributors analyse the key determinants of big business success, from aggregate economic and industry conditions to strategic direction and management practices at the company level.
Peter Dawkins is Director and Michael Harris a Research Fellow at the Melbourne Institute of Applied Economic and Social Research within the University of Melbourne. Stephen King is a Professor of Economics at the University of Melbourne. Contributors: Derek Bosworth, Tim Brailsford, Peter Dawkins, Robert Dixon, Simon Feeny, Ian Gow, Mark Harris, Michael Harris, Charles Hyde, Stuart Kells, Stephen King, Stephen Knights, Ted McDonald, Mark Rogers, Phil Ruthven and Danny Samson.
Peter Dawkins is Director and Michael Harris a Research Fellow at the Melbourne Institute of Applied Economic and Social Research within the University of Melbourne. Stephen King is a Professor of Economics at the University of Melbourne.
Contributors: Derek Bosworth, Tim Brailsford, Peter Dawkins, Robert Dixon, Simon Feeny, Ian Gow, Mark Harris, Michael Harris, Charles Hyde, Stuart Kells, Stephen King, Stephen Knights, Ted McDonald, Mark Rogers, Phil Ruthven and Danny Samson.
Table Of Contents:
Part I: Introduction
Chapter 1 Introduction: Large Enterprises in Australia-An Overview
Chapter 2 Private performance and Public Policy: The Issues
Part 2: Private Performance
Chapter 3 Measuring the performance of Australian Enterprises
Chapter 4 Trends in the Performance of Large Australian Enterprises: An Overview
Chapter 5 The Determinants of Profitability in Australian Manufacturing
Chapter 6 The Effect of Diversification on Profitability
Chapter 7 Research and Development, Intellectual Property and Profitability
Chapter 8 Summary and the Unanswered Questions
Part 3: Public Policy
Chapter 9 Introduction to the Issues
Chapter 10 The Effects of Corporate Takeovers
Chapter 11 Merger Activity: A Case Study in the Petroleum Industry
Chapter 12 The Cost of Monopoly in Australia
Chapter 13 Knowledge, Technology and Productivity
Allen & Unwin
Allen & Unwin