MBA Thesis Accounting Finance Tourism Marketing Economics,Ecommerce Education Journalism and Mass Communicat Law sociology Engineering linguistic
返回首页

企业战略管理mba论文-ANTECEDENTS OF CONSISTENCY BETWEEN RESOURCE ALLO

BUSINESS POLICY AND STRATEGY
Conference Paper Abstracts代写留学生论文
THE CONTRIBUTION OF ALLIANCE NETWORKS TO FIRM
PERFORMANCE: THE CASE OF THE U.S. SOFTWARE
INDUSTRY
Lavie, Dovev; U. of Texas, Austin;
This study seeks to extend the alliance literature which offered only limited evidence on the contribution of
alliance networks to the financial performance of interconnected firms. It addresses the fundamental
question of whether alliance networks matter by examining the role of the network configuration, which
encompasses the composition of alliance partners, their attributes, their bilateral relationships with the
interconnected firm as well as their multilateral relationships. The study distinguishes aspects of network
configuration that contribute to value creation from aspects affecting value appropriation. Hypotheses on
the contribution of alliance networks to firm performance are developed and then tested with panel data of
367 interconnected software firms that engaged in more than 20,000 alliances during the years 1990-
2001. The findings reveal that the contribution of alliance networks is multifaceted but fairly modest in
magnitude, with network size and strategic status producing only limited effects on performance. The
capabilities and reputation of partners in the network enhance firm performance, but the relative
bargaining power of partners detracts from this contribution. The findings also suggest that firms can
enhance their performance by developing balanced networks that combine technology and marketing
alliances and by encouraging competition among partners.
Keywords: alliance network, network configuration, firm performance
THE MINIMUM ASSUMED INCENTIVE EFFECT OF EXECUTIVE
SHARE OPTIONS
In granting executive share options (ESOs), companies hand over financial assets to the executive at an
opportunity cost that generally outweighs the value placed on those assets by the executive on the
receiving end. This outcome can be explained by risk aversion on the part of the executives. For such
transactions to make commercial sense, the difference in valuation must be at least made up by the
impact of the incentive effects induced by compensating executives in this particular manner. This paper
extends such a line of analysis to examine the executive抯 reward-risk trade-off, in addition to the
certainty-equivalent pay-performance sensitivity, and uses a UK data set to provide some estimates of
the size of these effects.
Keywords: CEO, Pay, Options
Business Policy and Strategy Paper Abstracts -- 1
RENTS AND THE LIFECYCLE OF FIRMS
Boddewyn, Jean; Baruch College; ABSTRACT: Strategy research emphasizes how firms outperform their commercial competitors. This
perspective leaves out companies that: (1) hardly engage in productive activities yet make their launchers



------分隔线----------------------------
UK Thesis Base Contacts

24小时在线客服

QQ:77276002

Email:77276002@qq.com

推荐内容