簡易檢索 / 詳目顯示

研究生: 柯瑪蒂
Marquelda Ruiz Cortez
論文名稱: 組織多樣化、價值、極大值及組織能力:以巴拿馬蔗糖工業為例
Corporate Diversification, Value, Maximization and Organizational Capabilities: Sugar Cane Industry in Panama
指導教授: 林世華
Lin, Sieh-Hwa
學位類別: 碩士
Master
系所名稱: 國際人力資源發展研究所
Graduate Institute of International Human Resource Developmemt
論文出版年: 2009
畢業學年度: 97
語文別: 英文
論文頁數: 113
中文關鍵詞: 多樣化極大值價值組織能力
英文關鍵詞: Diversification, Maximization, Values, Organizational Capabilities
論文種類: 學術論文
相關次數: 點閱:196下載:5
分享至:
查詢本校圖書館目錄 查詢臺灣博碩士論文知識加值系統 勘誤回報
  • This study applies Matsusaka’s Model which is a dynamic model to the Panama sugar industry. In this model diversification can be a value-maximizing strategy even if specialization is generally efficient. The central idea is that firms are composed of organizational capabilities that can be profitable in multiple businesses and that diversification is a search process by which firms seek businesses that are good matches for their capabilities.
    Two major sugar cane industries in Panama with their diversified pattern were analyzed to provide concrete and reliable information about their achievements. By the application of the equations content in the model; this study attempt to determinate whether or not this model could explain Sugar Cane industry in Panama. This model would be oriented to determinate diversification pattern on first; following that it would provide corporate and organizational capabilities by mixing internal and external input.
    Twenty years of production had been provided for those organizations. Diversification patter differs by firm. Two kind of diversification pattern had been showed up. Concentric diversification, where the new business produces products that are technically similar to the company's current product but that appeal to a new consumer group and Conglomerate diversification, where the new business produces products that are totally unrelated to the company's current product and that appeal to an entirely new consumer group.

    TABLE OF CONTENTS ABSTRACT I TABLE OF CONTENTS II LIST OF FIGURES IV LIST OF TABLES V CHAPTER I. INTRODUCTION 1 Sugar Industry Diversification’s Bases 1 Current Trends for Panama Sugar Market 4 The Model 9 Time Serial of Top and Middle Managers 9 Statement of the Problem 10 Purposes of the Study 10 Expected Alternatives 12 Significance of the Study 13 Delimitations and Limitation of the Study 13 Definitions of Terms 15 CHAPTER II. LITERATURE REVIEW 19 Organizational Capabilities 19 Diversification Managerial Explanation 22 Dark Side of Corporate Diversification 28 Product Diversification and Profitability 31 Corporate Value 33 Overview of Panama Agriculture, GDP and Sugar Cane Crop Product 36 Panama Economic Activities 36 Best Practice 37 CHAPTER III. RESEACH METHODOLOGY 42 Research Framework 42 Research Procedure 45 Data Analysis 55 CHAPTER IV. FINDINGS AND DISCUSSIONS 57 Chapter Overview 57 Empirical Result 57 Company example B overall’s production reflects fluctuations by twenty years of production. 66 Revenue and indirect values 78 CHAPTER V. CONCLUSIONS AND RECOMMENDATIONS 82 Conclusions 82 Discussions 83 Recommendations 85 REFERENCES 87 APPENDICES 90 APPENDIX A: Organizational capability collection data format – Marketing 91 APPENDIX B: Organizational capability collection data format – Management 92 APPENDIX C: Organizational capability collection data format – Production distribution 93 APPENDIX D: Company A - External input matrix –G1 to G5 94 APPENDIX E: Company B - External input matrix –G1 to G6 98 APPENDIX F: Companies productions values 103 APPENDIX G: Companies diversificied values 104 APPENDIX H: Time distribution values 106 LIST OF FIGURES Figure1.1. Availability of product diversification of sugar cane industry 3 Figure1.2. Company A - Organizational Structure 6 Figure1.3. Company B - Organizational structure 8 Figure1.4. Matsusaka’s diversification model framework 11 Figure 3.1. Methodology flow chart 46 Figure 4.1. Company A - Production and price behavior 61 Figure 4.2. Company A - Diversified product (g1, g2,) trends by the last twenty years 64 Figure 4.3. Company A - Diversified product (g4, g5,) trends by the last twenty years 65 Figure 4.4. Company B - Production and price behavior 66 Figure 4.5. Diversified product (g1, g2) trends by the last twenty years 69 Figure 4.6. Diversified product (g3, g4) trends by the last twenty years 70 Figure 4.7. Diversified product (g5, g6) trends by the last twenty years 71 Figure 4.8. Company A - Diversification values 72 Figure 4.9. Company A - Diversification values (g1, g2) 73 Figure 4.10. Company A - Diversification values(g4, g5)74 Figure 4.11. Company B - Diversification values 75 Figure 4.12.Company B - Diversification values (g1, g2) 76 Figure 4.13. Company A - Diversification values (g2, g3)77 Figure 4.14. Company A - Diversification values (g5, g6)77 Figure 4.15. Diversification values - company A and company B 78 Figure 4.16. Single and multiple business value 79 Figure 4.17. Complemented values of companies examples 81 Figure 5.1. Organizational values results 84 LIST OF TABLES Table 1.1 Diversification economic results for different sugar product 13 Table 2.1. Crop production, harvest and yield in Panama 37 Table 3.1. Time distribution format – Marketing 48 Table 3.2. Time distribution format - Management 49 Table 3.3. Time distribution format – Operation and distribution 49 Table 3.4. Top and middle managers example format (Organizational capabilities examples 1) 50 Table 3.5. Top and middle manager target for the study (Organizational capabilities example 2) 52 Table 3.6. Organizational capabilities matrix (Time ditribution matrix) 53 Table 3.7. External input matrix 54 Table 4.1. Company A - Time distribution of top and middle managers 58 Table 4.2. Company B - Time distribution of top and middle managers 60 Table 4.3. Company A - Production value by twenty year production 63 Table 4.4. Company B - Production behavior by twenty years of production 67 Table 4.5. Company A - General’s values 72 Table 4.6. Company B - General’s values 75 Table 4.7. Company A and B - Complemented values 80

    REFERENCES

    Amit, R., & Livnat, J. (1988). "A Concept of Conglomerate Diversification." Academy of Management Journal. Vol. 28, 593–604.
    Barghouti, S., Kane, S., Sorby, K., & Ali, M. (2003). Agricultural Diversification for the Poor, Guidelines for Practitioners. Agriculture and Rural Development. Discussion Paper 1, World Bank.
    Buzzanell, P. J. (2004). Brazil’s Domination of the World Sugar Market. Agribusiness and Resource Management, Faculty Working Paper Series.
    Conforti, P. & Rapsomanikis, G. (2005). The impact of the European Union sugar policy reform on developing and least developed countries. FAO CORPORATE DOCUMENT REPOSITORY, originated by: Economic and Social Department.
    Dan, M., Lamont, B. T., & Geiger. S. W. (2004). "Diversification Strategy and Top Management Team Fit." Journal of Managerial. p. 361.
    Encyclopedia, A Forbed Media Company. Diversification . URL - Retrieved 2007, from http://www.investopedia.com/term/d/diversification .asp
    Elbehri, A. (2003). USDA/ERS, Washington DC, USA, Purdue University, W. Lafayette, Indiana, USA, Merlinda Ingco, The World Bank, Washington DC, USA, K.R. Person Monash University, Melbourne, Australia. Partial liberation of the World Sugar Market: General Equilibrium of Tariff-Rate Quota Regimens.
    God, S. C. (2002). Learning Capabilities, Organization Factors and Firm Performance. Third European Conference on Organizational Knowledge, Learning and Capabilities, Athens Greece, April 5-6.
    Homburg, C., Krohmer, H., & Workman, J. (1999)."Strategic Consensus and Performance: The Role of Strategy Type and Market-Related Dynamism." Strategic Management Journal. 20, 339–358.
    Instituto de Mercadeo Agropecuario - Republica de Panama. Indicadores Economicos. URL - Retrieved 2007, from www.imagob.pa/index.php
    Jovanovic, B. (1993). The Diversification of Production. Brookings Papers on Economic Activity. Vol. 1. ABI/INFORM Global. New York University.
    Kanivichaporn, P. (2003). Is the Planned Export Potential Sustainable in Thailand? FAO CORPORATE DOCUMENT REPOSITORY. Originated by: Economic and Social Department.
    Koller, T. (1994). What is value-based management? Valuation: Measuring and Managing the Value of companies. 2nd Ed. New York: John Wiley & Sons.
    Lee, R. V., Fabish, L., & McGaw, N. (2004.). The value of Corporate Values. A Booz Allen Hamilton / Aspen Institute survey of corporate behavior finds that leading companies are crafting a purpose-driven identity.
    Lyon, D.W., Ferrier, W.J. (2002). "Enhancing Performance With Product-Market Innovation: The Influence of the Top Management Team." Journal of Managerial. Vol. 14, pp. 452–469.
    Matsusaka, J. G. (2001). Corporate Diversification, Value Maximization and Organizational Capabilities. Journal of Business. 74 (3). University of Chicago.
    Montgomery, C. A. (1994). Corporate Diversification. The Journal of Economic Perspective 8(3) 163-178. . Published by American Economic.
    Moreira, J. R. (2006). Bio energy and Agriculture Promises and Challenges – Brazil’s experience with Bio energy – www. Teriin.or - International Food Policy Research Institute.
    Nogueira, L. H., Caballero, J. M. G., Lora, E. S., Arrieta, F. P., & Carrasco, R. C. (2000). Alternative’s Study on Sugar Cane as nutritional and energetic resources. DS dimensions.
    Nogueira, L. A. H., Caballero, J. M. G., Lora, E. S., Arrieta, Carrasco, F. P., & Ricardo, C. E. (2000). Alternative de cana de azucar como recurso alimenticio y energetic-un modelo integrado. Nucleo de Estudios Sistematicos Termicos-NEST, Departamento de Ingenieria Mecanica – DEM. Escuela Federal de Ingenieria de ITajuba-EFEI Itajuba-MG-Brasil.
    Particular, J. (2005). Nature of the World Sugar market. Simon Harris, Former Director for Corporate Affairs, British Sugar.
    Paturau, M. (2005). Alternative uses of Sugarcane and its Byproducts in Agro Industry. FAO CORPORATE DOCUMENT REPOSITORY. Originated by: Agriculture and Consumer Protection.
    Reuters, T. (2008). UPDATE 1-Brazil eyes Panama ethanol, canal alliance-Torrijos. URL - Retrieved Date, from http://uk.reuters.com/article/oilRpt/idUKN2441869420070524?pageNumber=2&virtualBrandChannel-Thomson
    Stan, L. (2004). "Diversification Strategy Raises Doubts." National Real Estate Investor.
    Teece, D. J., (1982). Toward an Economic Theory of the multiproduct firm. Journal of Economic Behavior and Organization. Vol. 3, 39-56.
    The World Bank (1986). Agro-Industry Profiles Ethanol. Sectoral Library International Bank for Reconstruction and Development. FAU 6.
    The World Bank (1986). Agro-Industry Profiles Sugar. Sectoral Library International Bank for Reconstruction and Development. FAU 5.
    U.S. Library of Congress, Fact about Panama. URL - Retrieved 2006, from http://countrystudies.us/panama/41.htm
    World Bank Institute (2006). Corporate Social Responsibility Program for the Sugar and Ethanol Industry in Sao Pualo, Brazil. The International Bank for Reconstruction and Development, Washington DC, Activity Report.
    Zollo, M. (2000). Corporative Diversification, INSEAD Ph.D. Program.

    下載圖示
    QR CODE