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作者：BALAKRISHNAN, S; FOX, I
作者单位：Washington State University
摘要：This paper presents an empirical investigation of the importance of specialized assets and other unique characteristics of a firm in explaining the variance in capital structure across firms. The results show that firm-specific effects contribute most to the variance in leverage, suggesting a strong link between strategy and capital structure.
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作者：NAMAN, JL; SLEVIN, DP
摘要：This paper reports the results of a study designed to investigate entrepreneurship and 'fit' in small and medium sized high technology manufacturing firms. A normative model of fit has been developed, which including the variables of entrepreneurial style, organizational structure, and mission strategy, determines a measure of the firm's fit with its environment. The normative model of fit proposed here is based on variables and relationships found to be important in previous empirical studies...
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作者：NAYYAR, PR
摘要：Service firms may seek benefits from information asymmetry and economies of scope by diversifying. Each source of benefit is based on different underlying mechanisms and each is affected differently by implementation difficulties and service characteristics. Previous research, however, has not analyzed the relative performance effects of these two very different sources of benefits for related diversified service firms. Thus, this paper uses an integrative framework including these aspects to ...
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作者：TEPLENSKY, JD; KIMBERLY, JR; HILLMAN, AL; SCHWARTZ, JS
作者单位：University of Pennsylvania; University of Pennsylvania
摘要：This study examines the realized strategies of all domestic manufacturers in a growing, high technology, industrial market characterized by high levels of regulatory, demand, and technological uncertainly. These manufacturers have behaved quite differently and experienced varying levels of success in the market. A typology of entry strategies grounded in an intensive analysis of these data is presented. Specifically, it addresses the timing and scope of a firm's entry into the market, strategi...
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作者：WIERSEMA, MF; BANTEL, KA
作者单位：Wayne State University
摘要：Based on an organizational adaptation framework, this study examines the influence of three environmental dimensions-munificence, stability, and complexity-on top management team turnover. In addition to investigating the direct influence of these environmental dimensions, indirect effects through firm performance and strategic change are also examined, the indirect effect of environmental complexity through demographic heterogeneity is also studied. Path analysis indicates that the direct eff...
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作者：BRYSON, JM; BROMILEY, P
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：This exploratory study reports the results of a quantitative cross-sectional analysis of 68 case descriptions of major projects. Variables describing the context of the projects, project planning and implementation processes, and project outcomes were coded using information contained in the case descriptions. Factor analysis was used to identify major factors associated with context, process and outcomes. The influences of context on process, and context and process on outcomes were estimated...
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作者：GIBBS, PA
摘要：This study seeks to estimate the relative importance of free cash flow, corporate governance, and takeover threat in determining financial and portfolio restructuring. The free cash flow hypothesis and agency theory prescriptions are used as the basis for developing a model of restructuring. A simple analysis of variance method is used to decompose restructuring transactions and outcomes into the three effects. The results support the hypothesis that financial and portfolio restructuring are m...
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作者：HOSKISSON, RE; HITT, MA; JOHNSON, RA; MOESEL, DD
作者单位：University of Missouri System; University of Missouri Columbia
摘要：This study measures the construct validity of an objective (entropy) approach to measurement of diversification strategy. Results indicate strong convergent, discriminant and criterion-related validity for the entropy measure- of diversification. In particular, support for the entropy measure of diversification strategy was demonstrated through associations with the Rumelt subjective measure of diversification (convergent validity); size, debt and R&D intensity (discriminant validity); and acc...
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作者：MILES, G; SNOW, CC; SHARFMAN, MP
作者单位：University of Oklahoma System; University of Oklahoma - Norman
摘要：This study advances a nascent perspective in the strategic management literature: a focus on the beneficial effects of competition among firms in an industry. Such a perspective supplements the traditional view of competition as firm rivalry. The overall purpose of the study is to provide a theoretical foundation for the study of the mutual gains associated with industry competition. Because of its importance to several different organizational theories, the concept of variety is examined as a...
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作者：REGER, RK; HUFF, AS
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：The strategic group concept provides an attractive middle ground between firm and industry for both theory development and empirical analysis. To date, this concept has been defined by researchers in terms of secondary accounting and financial data, and a number of critics have questioned the validity of this work. Our research shows that industry participants share perceptions about strategic commonalities among firms, and that participants cluster competitors in subtle ways not reflected in ...
