1996

最新文章

• Search and selection in the money market fund industry AI翻译
  作者：Makadok, R; Walker, G
  作者单位：Southern Methodist University
  摘要：This paper develops a dynamic, stochastic growth system for money market fund families and tests how search behavior within this system affects fund family exit. The outcome of search behavior is measured as the time-varying parameters of the growth system, estimated by the Kalman filter. The results provide no evidence that the continuously updated coefficients influence the risk of failure. However, the cumulative amount of search generally affects exit positively, consistent with Hannan and...
• Predatory capitalism, pragmatism, and legal positivism in the airlines industry AI翻译
  作者：Hinthorne, T
  摘要：This paper examines three of the primary structures of thought and some of the situational circumstances that enable and constrain the actions of corporate leaders in the airlines industry. It argues that lawyers and corporate leaders who understand the law and the structures of power in America have a unique capacity to protect and enhance share-owner wealth. Three examples are used to propose a model of force relations in complex, high-stakes situations.
• Measuring organizational downside risk AI翻译
  作者：Miller, KD; Reuer, JJ
  摘要：Despite widespread incorporation of risk measures in strategy research, there is little consensus regarding the meaning and measurement of risk. In contrast to the variability measures widely used in strategy studies, this paper draws from behavioral decision theory, finance, and management theory to present an alternative perspective on organizational risk-downside risk. The paper explains three categories of organizational downside risk measures based on the concept of lower partial moments....
• Evolutionary perspectives on strategy AI翻译
  作者：Barnett, WP; Burgelman, RA
  摘要：We advocate studying strategic management from an evolutionary perspective: using dynamic, path-dependent models that allow for possibly random variation and selection within and among organizations. We argue that this perspective directs our attention to some of the most interesting problems in strategic management. The papers in this special issue are summarized, along with some of their implications for the advancement of an evolutionary perspective on strategy. Collectively, the papers dra...
• Progress model of strategic business exit: Implications for an evolutionary perspective on strategy AI翻译
  作者：Burgelman, RA
  摘要：The process model of strategic business exit (SBE) maps the activities of different levels of management onto the business and corporate levels of strategy making involved in Intel Corporation's exit from its cove dynamic random access memory (DRAM) business. The SBE process model contributes to the development of an evolutionary process theory of strategy making by conceptualizing the pattern of managerial activities through which resources and corporate competencies ave internally redirected...
• Editor's Introduction to the 1996 Winter Special Issue - Knowledge and the firm AI翻译
  作者：Schendel, D
• The governance and control of voluntary corporate spin-offs AI翻译
  作者：Seward, JK; Walsh, JP
  作者单位：University of Michigan System; University of Michigan
  摘要：We investigate the role that a voluntary corporate restructuring can play in the design of efficient internal corporate control mechanisms. To this end, we examine the post-restructuring internal control practices in 78 voluntary corporate spin-offs that were completed between 1972 and 1987. We find that the selection of the new CEOs, the design of their compensation contracts, and the staffing of the boards of directors and their compensation committees in the spun-off firms can be seen as ex...