EXAMINING THE POWER OF FIRMS IN THE QATAR CONSTRUCTION INDUSTRY: A STRATEGIC MANAGEMENT STUDY

摘要

The value chain of an industry represents, at first, the sequence of flow of inputs and outputs of materials and services among the different players to create the final product or service of the industry. The value chain may also be used to understand the relative power of industry players. Using the value chain concept, and primary and secondary data, we examine the relative power of firms in the construction industry of Qatar. We find that both objective and perceptual measures of relative power are positively and significantly correlated.