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作者:MARKIDES, CC
摘要:During the 1980s, many diversified firms reduced their diversification by refocusing. This study examined whether this refocusing created market value for the companies involved. It is shown that refocusing announcements are associated with significant, positive abnormal returns, which implies that firm diversification levels prior to refocusing were higher than optimal.
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作者:MICHEL, JG; HAMBRICK, DC
作者单位:Columbia University
摘要:This study's argument is that a firm's diversification posture determines the degree of integration it needs across business units, which in turn influences the ideal composition of its corporate top management team. Archival data from 134 firms revealed that the degree of social cohesion and type of knowledge base within a firm's top management team were related to the degree of interdependence the firm's diversification posture demanded. Contrary to our hypotheses, experience in core functio...
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作者:FIORITO, J; JARLEY, P
作者单位:University of Iowa
摘要:This article examines the establishment of associate membership programs by national private sector unions. We used theories of innovation and diversification to develop hypotheses relating organizational and environmental characteristics to union decisions to establish such programs. Data from a variety of sources, including a telephone survey, were used to develop measures, and the hypotheses were tested with logistic regression analysis procedures. Predictions involving the scope of union s...
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作者:FINKELSTEIN, S
摘要:Top managers' power plays a key role in strategic decision making. However, although numerous scholars have recognized its importance, very few have attempted to measure the phenomenon. In this article, I present a set of dimensions measuring top managers' power and suggest a measurement methodology to facilitate empirical inquiry. Data from a group of 1,763 top managers in three industries were used to assess the validity and reliability of the power dimensions in three studies. Results demon...
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作者:WILLIAMS, ML; DREHER, GF
作者单位:Indiana University System; Indiana University Bloomington
摘要:The relationships between two compensation system attributes-pay level and the level and flexibility of benefits-and the number of applicants attracted to a job, the rate at which they accept the job, and the length of time it takes a firm to fill positions were examined using data on the process of hiring tellers from 352 U.S. banks. Pay level was positively related to acceptance rate as hypothesized, but was unrelated to the number of teller applicants. Opposite to prediction, pay level was ...
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作者:KERR, JL; KREN, L
作者单位:University of Wisconsin System; University of Wisconsin Milwaukee
摘要:This study investigated the effects of relative decision monitoring, whereby decisions are compared to those of competitors, on chief executive officer [CEO] compensation. We tested for both cash compensation [salary plus bonus] and cash-plus-stock-option compensation. The study's premise was that, to the extent boards of directors consider behavioral information in the CEO evaluation process, performance should have a stronger influence on pay when CEO decisions differ from typical industry d...
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作者:MALLETTE, P; FOWLER, KL
作者单位:University of Northern Colorado
摘要:This research examined the relationships between board composition and stock ownership and the passage of poison pill takeover defense provisions by U.S. industrial manufacturing firms. Results indicate the existence of several antecedents to the passage of poison pills. The impact of board leadership on poison pill decisions depends on the proportion of independent directors on a board. Similarly, the impact of chief executive tenure on such decisions depends on the tenures of a firm's indepe...
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作者:FIELDS, MW; THACKER, JW
摘要:This study examined changes in union and organizational commitment after the implementation of a joint union-management quality-of-work-life [QWL] program. The results indicated that company commitment increased only when participants perceived the QWL effort as successful, but union commitment increased irrespective of the perception of QWL success.
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作者:SEABRIGHT, MA; LEVINTHAL, DA; FICHMAN, M
作者单位:University of Pennsylvania; Carnegie Mellon University
摘要:In this study, we propose that changes affecting the resource fit between organizations exchanging resources provide an impetus for the dissolution of their relationships, whereas the individual and structural attachments that develop between exchange partners over time counter those pressures for change. The empirical analysis examined the severance of auditor-client relationships using a case-control design. Change in clients' resource needs increased the likelihood of their switching audito...
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作者:GREER, CR; IRELAND, TC
作者单位:Oklahoma State University System; Oklahoma State University - Stillwater
摘要:Correlates of the contrarian investment strategy of countercyclical hiring were investigated through the use of regression models that explain variance in four measures of such hiring at the individual company level. Variables positively related to countercyclical hiring include human resource planning efforts focused on avoiding personnel shortages, maintaining a regular age distribution among managers, employee development and career planning, company financial performance, and the quality o...