Exponential Organizations Hypergrowth Strategies and Firm Performance: The Moderating Role of Firm Size and Marketing Spending
Hussam Alshammari1, Refaat Alfaouri2, Hamza Tubaishat3 

1Hussam Alshammari, Business Administration, Yarmouk University, Irbd, Jordan, Indonesia.
2Refaat Faouri, Public Administration, Yarmouk University, Irbd, Jordan, Indonesia.
3Hamza Tubaishat*, Business Administration, Yarmouk University, Irbd, Jordan, Indonesia.
Manuscript received on March 13, 2021. | Revised Manuscript received on March 30, 2021. | Manuscript published on March 30, 2021. | PP: 112-121 | Volume-5 Issue-7, March 2021. | Retrieval Number: 100.1/ijmh.G1262035721 | DOI: 10.35940/ijmh.G1262.035721
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© The Authors. Published By: Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: With the increasing concerns of hypergrowth in order to compete in the international markets and survive, this study aids all firms in various industries, entrepreneurs and decision makers and draw their attention to business models and hypergrowth strategies that are applied by the fast-growing firms in the world. This study investigates the impact of hypergrowth strategy- leveraging assets that developed by Salim, (2014) and firm performance in exponential organizations; The sample size tested constituted of (34) exponential organizations form the fortune 500 and multiple regressions via Stata version 15 was applied for the time period of (2016-2019). Preliminary analysis was conducted to check the assumptions related to the regression models which include unit root, autocorrelation, residuals normality and heteroskedasticity issues. The results showed significant positive relationships between Growth in Fixed Assets (leveraging Assets strategy) and firm performance measured by ROA and ROE whereas, the moderating role of marketing spending and firm size showed insignificant impact in the relationship.
Keywords: Exponential Organizations, Hypergrowth, Firm size, Marketing spending.