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作者:Oliver, C
摘要:This article suggests that the context and process of resource selection have an important influence on firm heterogeneity and sustainable competitive advantage. It is argued that a firm's sustainable advantage depends on its ability to manage the instructional context of its resource decisions. A firm's institutional context includes its internal culture as well as broader influences from the state, society, and interfirm relations that define socially acceptable economic behavior. A process ...
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作者:Goll, I; Rasheed, AMA
作者单位:University of Texas System; University of Texas Arlington
摘要:This study investigates the moderating roles of environmental munificence and dynamism in the relationship between process rationality and organizational performance. Based on a sample of 62 manufacturing firms, the study found that environmental munificence and dynamism moderate the relationship between rationality and performance. Further, the study found that rationality is strongly associated with performance in environments high in munificence and dynamism. (C) 1997 by John Wiley & Sons, ...
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作者:McGahan, AM; Porter, ME
摘要:In this paper, we examine the importance of year, industry, corporate-parent, and business-specific effects on the profitability of U.S. public corporations within specific 4-digit SIC categories. Our results indicate that year, industry, corporate-parent, and business-specific effects account for 2 percent, 19 percent, 4 percent, and 32 percent, respectively, of the aggregate variance in profitability We also find that the importance of the effects differs substantially across broad economic ...
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作者:Elenkov, DS
摘要:This study examined the relationship between perceptions of strategic uncertainty and environmental scanning behaviors. It has been postulated that the strength of this relationship will depend on the combined effect of the environmental constraints and the prevailing approach to strategic decision making. A sample of 141 medium-size Bulgarian companies, all of them operating in a highly constrained external environment and a business culture, characterized by a low degree of calculative strat...
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作者:Silverman, BS; Nickerson, JA; Freeman, J
作者单位:University of Toronto; Washington University (WUSTL); University of California System; University of California Berkeley
摘要:The winds of creative destruction rarely blow more fiercely than in a newly deregulated environment. Managers simultaneously face a novel focus on operating efficiency and an onslaught of new competitors. What must managers do to enable their firms to survive in such an environment? What factors bear on firms' survival? This paper presents an analysis of mortality of large motor carriers in the U.S. interstate for-hire trucking industry after deregulation. It examines this phenomenon through a...
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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...
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作者:Iaquinto, AL; Fredrickson, JW
作者单位:University of Texas System; University of Texas Austin
摘要:The level of agreement among a firm's top executives about how things are done in that firm has a variety of important implications. For example, agreement about a firm's decision-making norms may allow members of the top management team (TMT) to focus on the substance of their most critical decisions and not get bogged down in debates about the process. In the present study, data from 65 firms in two industries were used to identify determinants and consequences of TMT agreement was positivel...
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作者:Bergh, DD
摘要:The majority of unrelated acquisitions ale divested shortly after their purchase. Often, those acquisitions-turned-divestitures result in strategic, organizational, and financial losses for both the acquiring and the acquired companies. To consider how such divestitures can be avoided, this study examined some of the differences between divested and retained unrelated acquisitions. The study integrated four explanations for why unrelated acquisitions occur and related them to the fates of such...
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作者:Carpenter, MA; Golden, BR
作者单位:Western University (University of Western Ontario); University Western Ontario Hospital
摘要:The notion that managers encounter differing levels of discretion across industries and organizations is becoming central to discussions of strategy formulation and implementation. However, discretion can be exercised or created only to the extent it is perceived, and theories of cognition and decision making suggest that managers' perceptions of discretion may vary significantly. Despite the importance of perceptions to Hambrick and Finkelstein's (1987) theoretical model of managerial discret...
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作者:Holl, P; Kyriazis, D
摘要:In this paper we investigate the determinants of, and relationship between, wealth creation and bid resistance for a sample of 178 successful takeover bids in the U.K. Within the context of an event study approach we test a range of hypotheses against a background that recognizes the existence of agency conflict and the role of corporate governance mechanisms designed to mitigate its effect. The results obtained are interpreted within the context of the U.K. corporate environment. We find that...