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作者:Lee, PM
作者单位:Emory University
摘要:Downsizing and layoffs are an important mechanism for U.S. firms to cope with their strategic and economic environment. In contrast, the Japanese tradition of lifetime employment limits the ability of firms to employ layoffs as a strategic measure, relegating its use to conditions of financial distress. This paper provides the first comparison of layoffs in Japan and the United States and examines stock price reactions to layoff announcements in each country from 1990 to 1994. Agency theory an...
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作者:Harris, D; Helfat, C
作者单位:University of Pennsylvania; Loyola University Chicago
摘要:Much research on top management compensation has focused on the relationship between pay and firm performance. Finns, however, may compensate executives for inputs such as skills, as well as for outputs such as Jinn performance. This study refocuses attention on the links between managerial abilities and compensation by examining pay differences between types of CEO successors who have differential skills-namely, internal and external successors. (C) 1997 John Wiley & Sons, Ltd.
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作者:Ruef, M
作者单位:Stanford University
摘要:This paper proposes an empirical framework for evaluating the relative structural inertia hypothesis, a central assumption of organizational ecology theories. In stark contrast to the tenets of strategic management, the relative inertia thesis claims that organizations are typically unable to match structural changes to their competitive environments in a timely fashion. The hypothesis is tested for the hospital industry in California during the 1980-90 time frame. Strategic movements in a com...
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作者:Olk, P; Young, C
作者单位:University of California System; University of California Irvine; Chapman University System; Chapman University
摘要:This paper jointly examines performance and conditions surrounding membership as determinants of the decision to stay or leave an R&D consortium. Hypotheses were developed for performance and, by drawing from power dependence and transaction cost theories, for conditions surrounding membership. Analysis of survey questionnaire data from 184 member organizations of U.S.-based R&D consortia indicates that performance and the conditions of knowledge-related involvement, network ties, learning, an...