Academy of Strategic Management Journal

Articles from Vol. 8, 2009

Business Strategy Perspectives and Economic Theory: A Proposed Integration
ABSTRACTProspect theory as developed in psychology and applied to economic behavior by Daniel Kahneman and others claims that an individual's personal position relative to a good or service will determine the value of that good or service to the person...
Crisis Response Plans Post 9/11: Current Status and Future Directions
ABSTRACTThe attacks of September 11, 2001 (9/11) on the United States had a profound impact on organizations both immediately following, as well as, several years after the attacks. This study focuses on the impact the attacks had on organizational crisis...
Impact of Customers' Personality Traits in Retail Environments
ABSTRACTServices marketing literature on waiting at retail encounter indicates that customers' willingness to wait for the service varies with customers' perceptions about the importance of the service, their moods and emotions, and overall environment...
Market Perception of Synergies in Related Acquisitions
ABSTRACTThis research examines whether market participants are able to identify post-acquisition operating synergies at the time of the acquisition announcement. We examine the abnormal returns of the bidding firm and its major rival and relate equity...
NBA Player: Money Tree or Money Pit
ABSTRACTAccording to popular perception and the assertions of franchise managers, sports franchises in the United States are operated as for-profit businesses. One premise of operating a business for profit is that investments in the business are undertaken...
Output Decisions of Firms under Uncertainty: Some Micro-Theoretic Analysis
ABSTRACTThe theory of the firm under uncertainty has been traditionally studied using the expected utility approach. There are very few works done in this field of study using the risk-return approach despite thepopularity of this dichotomy in the business...
The Du Pont Model: Evaluating Alternative Strategies in the Retail Industry
ABSTRACTThe purpose of this paper is to examine the financial performance of retail firms through the use of financial ratio analysis in the form of a modified Du Pont model and to identify the drivers of financial success under alternative business...
The Power of Intrafirm Networks
ABSTRACTThis study highlights the importance and role of intrafirm networks, particularly strong intraflrm networks. We hypothesize that strong intrafirm networks help business units accrue intellectual capital (knowledge and knowing capabilities) and...
The Relationship between Market Orientation and Performance under Different Environmental Conditions: The Moderating Effect of the Top Management Team's Risk Taking Behavior
ABSTRACTThe literature on market orientation finds support for its positive relationship with organizational performance. However, it is important to know what conditions moderate this relationship. Using a sample of 166 Canadian companies (in a post-NAFTA...