| Summary: | The research assesses the role of tangible and intangible resources
whether as a promoter or a blocker of strategic group change. Samples of the
research are 126 Indonesian banking firms, which survived from 1999 to 2007,
consists of government owned banks, forex and non forex
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private national
banks, regional development banks, mixed banks, and foreign banks. K-means
cluster analysis is utilized to identify strategic group formation and analysis of
strategic group change followed on the clusters identified. Then, the panel data
hierarchical logistic regression analysis is done in order to detect the influence of
tangible and intangible resources on strategic group change.
Resource based strategic grouping analysis successfully formulated the
strategy typology of banking firms in allocating their financial resources:
conservatives, opportunistic, speculative, and progressive. The analysis of
strategic change has identified the stable strategic time periods (STTPs) and non-
STTPs, identified occurrence, extinction, or survival of strategic group, and
recognize the strategic group membership composition change as the strategic
group change took place.
indicate that technological capacity, Regression analysis results
reputation, CEO successions, bank density, and firm age promote the strategic
group change, while results suggest that past performance, human capital, and
structural complexity block or inhibit the strategic group change. The physical
resources, financial resources, and firm size fail to show their roles either as
promoter or blocker of strategic group change.
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