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作者：Reuer, Jeffrey J.; Arino, Africa
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Navarra; IESE Business School
摘要：In contrast to prior studies examining strategic alliances as discrete governance structures (e.g., alliances vs. M&A, equity vs. non-equity agreements), we investigate their particular contractual features. The analysis examines the dimensionality of the contractual complexity construct and investigates the determinants of firms' adoption of various contractual provisions. We find two underlying dimensions of contractual complexity, based upon the enforcement and coordination functions of dif...
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作者：Goranova, Maria; Alessandri, Todd M.; Brandes, Pamela; Dharwadkar, Ravi
作者单位：Syracuse University
摘要：Strategy and finance research suggests that managerial ownership results in increased incentive alignment and therefore is negatively related to corporate diversification. Using a longitudinal approach, we develop arguments to examine whether managerial ownership is associated with subsequent changes in diversification and/or if diversification is associated with subsequent changes in ownership. The results indicate that levels of managerial ownership in one time period are not associated with...
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作者：Parmigiani, Anne
作者单位：University of Oregon
摘要：Copyright (c) 2007 John Wiley & Sons, Ltd.
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作者：Nadkarni, Sucheta; Narayanani, V. K.
作者单位：University of Nebraska System; University of Nebraska Lincoln; Drexel University
摘要：We examine the moderating effect of industry clockspeed on the relationship between strategic schemas, strategic flexibility and firm performance. We employ two key properties of strategic schemas: complexity and focus. Using a sample of 225 firms from 14 industries, we show that the pattern of relationships among the theoretical constructs is diffirent infast- and slow-clockspeed industries. The results suggest that complexity of strategic schemas promotes strategic flexibility, and success i...
