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作者:Linnehan, F; De Carolis, D
作者单位:Drexel University
摘要:The knowledge and skills inherent in human capital are increasingly recognized as the essence of competitive advantage. Extending the emerging literature on capability building, this paper explores the strategic decision of participating in school-to-work programs from the transaction cost and resource-based view of the firm. Using data from a national sample, we find that both strategic perspectives help to explain decisions to participate in school-to-work activities. Our findings indicate t...
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作者:Ebben, JJ; Johnson, AC
作者单位:University of St Thomas Minnesota
摘要:This paper analyzes small firm performance in relation to efficiency and flexibility, strategies. Using configuration theory, the authors propose that small firms that pursue efficiency strategies or flexibility strategies outperform those that attempt to pursue both. Additionally, size is used as a configurational attribute to develop competing hypotheses on whether efficiency strategies or flexibility strategies are better suited for small firm performance. In two samples of 200 and 144 priv...
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作者:Coombs, JE; Gilley, KM
作者单位:University of Richmond; Oklahoma State University System; Oklahoma State University - Stillwater
摘要:We test the effects of stakeholder management on CEOs' salaries, bonuses, stock options, and total compensation. We also examine the extent to which the interaction of stakeholder management and financial performance determines compensation. Using a longitudinal database of 406 Fortune 1000 firms, our results suggest that stakeholder management is relevant to boards of directors when setting CEO compensation. Specifically, we found a significant, negative main effect of stakeholder management ...
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作者:Chacar, A; Vissa, B
作者单位:INSEAD Business School; State University System of Florida; Florida International University
摘要:By drawing a theoretical distinction between the persistence of superior and poor performance, we reconcile the conflicting predictions of the 'revisionist' and accepted views on the persistence of firm performance in emerging economies. Using a sample of manufacturing firms in the United States and India, we show that superior firm performance in emerging economies persists only as much as developed economies in line with the revisionist argument. We also provide evidence consistent with the ...
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作者:Cho, HJ; Pucik, V
作者单位:Samsung; International Institute for Management Development (IMD)
摘要:The purpose of this study is to examine the relationship between innovativeness, quality, growth, profitability, and market value at the firm level. Building on concepts from a resource-based view of a firm and organizational learning, innovation and quality literature, we propose the innovativeness-quality-performance model, which describes how a firm's capability to balance innovativeness with quality drives growth and profitability, and in turn drives superior market value. Results of struc...
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作者:Delmas, M; Tokat, Y
作者单位:University of California System; University of California Santa Barbara; The Vanguard Group, Inc.
摘要:The business strategy literature offers apparently opposite views of the ability of vertical integration to cope with the uncertainty related to changing regulatory environments. In this paper, we analyze how the process of retail deregulation affects the comparative efficiency of governance structures, which range on a continuum from fully vertically integrated structures to market transactions. Based on the analysis of 177 U. S. electric utilities from 1998 to 200 1, our results show that th...
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作者:Kumar, MVS
作者单位:City University of New York (CUNY) System; Baruch College (CUNY)
摘要:This study examines the value created from acquiring and divesting a joint venture. Unlike previous research which focuses on parent firm factors, the study examines value in light of the reason behind the termination of the venture and the characteristics of the target market. Consistent with the real options view, the paper finds that ventures divested to refocus a parent firm's product market portfolio were associated with significant value creation. In contrast, ventures acquired with the ...
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作者:Bell, GG
作者单位:University of Minnesota System; University of Minnesota Duluth
摘要:This paper extends current knowledge of industry clusters by disentangling the effects of networks from cluster (i.e., distinctly geographic) mechanisms on firm performance as well as by studying the influence of these different mechanisms on firms located inside and outside the industry cluster. It also highlights the importance of simultaneously modeling multiple networks which may differentially influence important firm outcomes. In the paper, I model the innovativeness of Canadian mutual f...
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作者:Nachum, L; Zaheer, S
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of Minnesota System; University of Minnesota Twin Cities
摘要:Why do firms go abroad when technology makes it possible to do business at a distance? We argue that the cost of distance differentially affects investment motivations across industries. We find support for this hypothesis in a study of U.S. inward and outward FDI. Knowledge seeking and efficiency seeking are the two most important explanations for international activity in information-intensive industries, reinforcing the value of intangible resources in this sphere. In less information-inten...
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作者:Chang, SJ; Park, S
作者单位:Korea University
摘要:This study identifies and examines sources of network externalities that influence MNCs to agglomerate their foreign operations in specific regions. Using data for Korean firms that invested in China, this study found that network externalities were sensitive to the types of firms constituting a regional network. It also found stronger network externalities within firms than across firms, from firms of the same nationality than from those of different nationalities, and from firms in the same ...