ENVIRONMENT-STRATEGY RELATIONSHIP AND ITS PERFORMANCE IMPLICATIONS - AN EMPIRICAL-STUDY OF THE CHINESE ELECTRONICS INDUSTRY

• 成果类型: Article
• 署名作者: TAN, JJ; LITSCHERT, RJ
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• 发表日期: 1994
• 页码: 1-20
• 关键词: PERCEIVED ENVIRONMENT; strategy; performance; transition economy

摘要

This study examined the strategy-environment-performance paradigm in a centrally planned economy (People's Republic of China) in transition to a more market-driven economy. Based on a survey of top Chinese managers in the electronics industry, it was found that during this course of transformation, firms exhibited distinctive strategies despite a long tradition of central planning, and these strategies were significantly related to perceived environmental uncertainty. Specifically, managers' perceptions of increased environmental uncertainty were found to be negatively related to proactive strategies and positively related to defensive strategies. Defensive strategies were also linked to higher performance.