should study potential partners more carefully. While absorbed slack such as excess capacity may be undesirable, unabsorbed slack such as a discretionary fund may be highly attractive. Instead of just focusing on reported levels of efficiency and performance, foreign investors should also attempt to evaluate their prospective partners' resources not reflected in their revealed capacities, because such unreported slack may be indicative of a better potential.
Aharoni, Yair. 1986. The Evolution and Management of State Owned Enterprises. Cambridge, Massachusetts: Ballinger.
Barney, Jay. 1986. Strategic factor markets: Expectations, luck, and business strategy. Management Science, October: 1231-1241.
Barney, Jay. 1991. Firm resources and sustained competitive advantage. Journal of Management, 17:99-120.
Bird, Barbara J. 1989. Entrepreneurial Behavior. Glenview, Illinois: Scott, Foresman.
Boisot, Max, & John Child. 1988. The iron law of fiefs: Bureaucratic failure and the problem of governance in the Chinese economic reforms. Administrative Science Quarterly, 33:507-527.
Boisot, Max, & John Child. 1996. From fiefs to clans and network capitalism: Explaining China's emerging economic order. Administrative Science Quarterly, 41:600-628.
Bourgeois, L. J. 1981. On the measurement of organizational slack. Academy of Management Review, 6:29-39.
Chamberlin, E. H. 1933. The Theory of Monopolistic Competition. Cambridge, Massachusetts: Harvard University Press.
Chandler, Alfred D. 1962. Strategy and Structure: Chapters in the History of American Industrial Enterprise. Cambridge, Massachusetts: M.I.T. Press.
Child, John. 1994. Management in China during the Age of Reform. Cambridge, United Kingdom: Cambridge University Press.
Child, John, & Yuan Lu. 1996. Institutional constraints on economic reform: The case of investment decisions in China. Organization Science, 7(1):60-77.
Child, John, & Yuan Lu. 1990. Industrial decision-making under China's reform, 1985-1988 . Organization Studies, 11:321-351.
Conner, Kathleen. 1991. A historical comparison of resource-based theory and five schools of thought within industrial organization economics: Do we have a new theory of the firm? Journal of Management, 17(1):121-154.
Cyert, R. M., & J. G. March. 1963. A Behavioral Theory of the Firm. Englewood Cliffs, New Jersey: Prentice Hall.
D'Aveni, Richard A. 1994. Hypercompetition. New York: Free Press.
Galbraith, Jay R. 1973. Designing Complex Organizations. Reading, Massachusetts: Addison-Wesley.
Hill, Charles, & Gareth Jones. 1995. Strategic Management Theory: An Integrated Approach. Boston, Massachusetts: Houghton Mifflin Co.
Kornai, Janos. 1992. The Socialist System. Princeton, New Jersey: Princeton University Press.
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Chinese Culture, Organizational Behavior, and International Business Management.
Contributors: Ilan Alon - Editor.
Place of publication: Westport, CT.
Publication year: 2003.
Page number: 203.
This material is protected by copyright and, with the exception of fair use, may
not be further copied, distributed or transmitted in any form or by any means.