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作者：SCHOEMAKER, PJH
摘要：This paper examines the multiple scenario approach as an important corporate innovation in strategic planning. Using a participant/observer perspective, I examine how scenario planning tries to meet certain methodological, organizational and psychological challenges facing today's senior managers. Three prime characteristics are identified as setting the scenario approach apart from more traditional planning tools: (1) the script or narrative approach, (2) uncertainty across rather than within...
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作者：MAHONEY, JM; MAHONEY, JT
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：This paper tests competing theoretical explanations for the passage of corporate charter antitakeover amendments. The managerial entrenchment hypothesis suggests that antitakeover amendments are adopted by incumbent management to obtain job security at stockholders' expense. An alternative hypothesis is that antitakeover amendments are proposed in order to enable the management of the target firm to extract a higher price from the bidding firm and thereby benefit stockholders. Our event study ...
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作者：SHANLEY, MT; CORREA, ME
作者单位：Skidmore College
摘要：This paper addresses theoretical gaps in the relationships among decision maker agreement, social context, and performance. Agreement is considered a multidimensional construct that is embedded in a social context of intergroup relationships. Four dimensions of agreement are specified: (1) perceived agreement, (2) actual agreement, (3) accuracy, and (4) agreement with one's own organization. Understood this way, agreement is associated with success expectations. Empirical tests of hypotheses d...
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作者：RUSSO, MV
摘要：This paper uses a transactions cost perspective to examine the development of organizational tendencies that plague the governance of unregulated subsidiaries by regulated parent companies. By focussing on what Williamson (1985) calls the 'incentive limits' of firms, conditions that should exacerbate the problems facing these firms as they diversify are identified. Empirical testing of hypotheses drawn from this discussion is conducted using a sample of nonutility, nonregulated subsidiaries of...
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作者：REGER, RK; DUHAIME, IM; STIMPERT, JL
作者单位：University of Memphis; Michigan State University; Michigan State University's Broad College of Business
摘要：This study explores the effects of regulation and deregulation on strategic choice and performance in the U.S. banking industry. Drawing on literature from strategic management, industrial organization economics, and organization theory, we develop a framework which suggests that regulatory scope and regulatory incrementalism influence strategic choice and performance. A path analytic model is used to empirically examine these influences. The results suggest that deregulation has direct effect...
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作者：RING, PS; VANDEVEN, AH
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：Alliances and similar cooperative efforts are receiving increased attention in the strategic management literature. These relationships differ in significant ways from those governed by markets or hierarchies, and pose very different issues for researchers and managers. In this paper we address alternative forms of governance in cases where multiple organizations repeatedly cooperate. We explore their, characteristics and follow this with a discussion of criteria which we believe bear on the c...
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作者：FRANCIS, A
摘要：The paper reviews two streams of work on the issue of industrial regeneration and competitiveness-that from within the management research field, and that from economists, economic historians, and political scientists. It is argued that these streams have in the past been independent but there is much to be gained by sharing insights from each and applying them to the process within firms of generating competitiveness for that firm. By using insights from the newly emerging institutionalist sc...
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作者：MITCHELL, W; SHAVER, JM; YEUNG, B
摘要：We investigate the effects of increasing and decreasing international presence on market share and survival in the American medical diagnostic imaging equipment industry. Imaging equipment manufacturers possessing international medical operations tend to achieve superior market share and longer survival, but we find that attempting to become an international medical player is risky. Both increasing and decreasing international presence have negative associations with survival, while decreased ...
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作者：RAJAGOPALAN, N; FINKELSTEIN, S
摘要：This paper examines the effects of strategic orientation and environmental change on senior management reward systems. We develop a framework that relates differences in strategic orientations and environmental conditions to four factors-availability of multiple options, programability of behavior, cause-effect ambiguity and outcome uncertainty. Hypotheses based on this framework are tested in a sample of 50 electric utility firms across two time periods covering a total 10 years. Consistent w...
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作者：WOO, CY; WILLARD, GE; DAELLENBACH, US
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：While the impact of divestitures on parent firms has been extensively studied, little attention has been given to the performance of the divested units. Previous research has found that spin-offs and sell-offs were associated with significant positive cumulative abnormal returns. However, these studies have not identified whether these benefits were expected to accrue to the divesting firm, the divested unit, or both. Specifically, this study examined the performance as autonomous firms of a s...
