Title

Strategies and Performance in the Thrift Industry: 1979-1987

Document Type

Article

Publication Date

6-1-1991

Department

Finance, Real Estate, and Business Law

Abstract

From the late seventies until 1989, the regulatory environment of the thrift industry was changed from one that permitted little managerial discretion to one in which managers were allowed to choose from a wide variety of lending and horrowing activities. In this article, cluster analysis is used to separate thrifts into strategic groups hased on the extent to which they utilized their new powers. Differences among the groups and the relationship between group memhership and performance is tested over the period 1979-1987 using analysis of variance.

Publication Title

Areuea Journal: Journal of the American Real Estate and Urban Economics Association

Volume

19

Issue

2

First Page

240

Last Page

257