Results 221 to 230 of about 498,036 (316)

Balancing allocative and dynamic efficiency with redundant R&D allocation: The role of organizational proximity and centralization

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary Resource‐based‐view scholars have mainly examined two resource allocation approaches for competitive advantage in multiunit firms: resource sharing and resource redeployment. These approaches emphasize allocative efficiency—the optimal allocation of resources to maximize their current value. In technology‐intensive industries,
Vivek Tandon   +3 more
wiley   +1 more source

Shaping expectations, losing flexibility: A study of CEO promises as strategic communication tools

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary CEO promises are powerful but understudied communication tools. We develop a dual‐mechanism framework theorizing that while CEO promises elevate stakeholder expectations, they simultaneously constrain strategic flexibility. We argue that CEO promise‐making is shaped by two competing pressures: making more promises when the ...
Majid Majzoubi   +2 more
wiley   +1 more source

Stakeholder synergies in acquisitions

open access: yesStrategic Management Journal, EarlyView.
Abstract Research Summary Acquisitions can create synergies by combining an acquirer's and a target's pre‐existing relationships with nonmarket stakeholders. We introduce the “reset effect” as a novel mechanism that occurs when a firm with cooperative stakeholder relationships combines with a firm that has conflictual relationships, prompting the ...
Kate Odziemkowska   +2 more
wiley   +1 more source

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