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Strategic Persistence, Dominant Strategy and Firm Performance in Publicly Traded Family FirmsFang, Hanqing 12 August 2016 (has links)
One neglected yet very important feature of family business is its internal homogeneity. Different from heterogeneity which focuses on differences across family firms, homogeneity here refers to the continuity and similarity of decision-making patterns either over time or across business units in a single family firm. This dissertation attempts to explore homogeneity in family businesses as well as its antecedents and performance consequences. To distinguish different types of homogeneity, strategic persistence is defined as homogeneity of strategic patterns over time and the pursuit of a dominant strategy as the homogeneity across related business units. Based upon S&P 1500 manufacturing firms from 1996 to 2013, it is found that family firms have a higher level of strategic persistence and a more consistent dominant strategy than nonamily firms. In addition, it appears that being older, with less organizational slack and having higher family involvement in ownership and management tends to strengthen the two kinds of homogeneity in family businesses. Finally, it is found that high homogeneity in decision-making can result in better performance in family business compared to nonamily firms, especially for those with high family involvement in management. Theoretical implications and limitations are discussed.
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Správa a řízení společností (Corporate governance) na příkladu SAZKA, a.s. / Corporate governance on the example of company SAZKA, a.s.Bártová, Michaela January 2010 (has links)
The aim of the Thesis is to examine the level of keeping of Corporate Governance in the Czech Republic after 1990. Theoretic part of the Thesis examines the Theory of the Firm and Theory of Corporate Governance as a result from the Theory of the Firm. Analytic part of the Thesis analyses creation of Corporate Governance in the process of Privatization during transformation of Economy in the Czech Republic with current reflection of document Principles of Corporate Governance OECD. Analysis of level of using and keeping of Corporate Governance is made on example of company SAZKA, a.s. The Discussion and the End of the Thesis describe realized facts, serious failures of top management and also representatives of Shareholders during Corporate Governance of SAZKA, a.s., failure of Codex Principles of Corporate governance and impact to the economy of the company and its fall into the insolvency.
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Teoria da empresa para o direito do trabalho brasileiro / The theory of the firm in relation to Brazilian employment lawPragmácio Filho, Eduardo 12 December 2017 (has links)
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Previous issue date: 2017-12-12 / The Brazilian employment law does not reflect a relationship to economics. The first objective of this thesis is to show the relationship between economics and labor law since the Brazilian Labor Code considers the firm as an employer. The second objective is to point out new directions concerning employers’ responsibilities with respect to business practices based on the notions of risk and power. The methodology adopted is the bibliographic research. This thesis depicts some of the most important economic approaches of firm theory, such as the neoclassical, the principal-agent, the transaction costs (Ronald Coase), the nexus of contracts and the property rights (Oliver Hart). The four profiles of the enterprise (Asquini) and the business risks (Simon Deakin), notions from corporate law, are also discussed. Then, the firm is discussed in relation to the workplace in order to identify some examples of what David Weil called the "fissured workplace", such as supply chains and franchises. As an employer, the firm exercises five functions through one or several legal entities, according to Jeremias Prassl’s theory. The employer’s functional approach is (in an implicit way) reflected in the Brazilian Labor Code and can be perfectly applied to Brazilian employment law for a better assignation of responsibilities to the various entities that carry out one or more of the employers’ functions. The firm is a power, it has a political profile and needs to self-regulate through codes of conduct or through a new system of responsibility. Finally, the conclusion reached is that the notions from law and economics, regarding transaction costs, nexus of contracts, property rights, the profiles of the enterprise found in Asquini’s theory, and the notions of power and risk create new legal tools to produce an innovative employment relationship responsibility / O direito do trabalho brasileiro não dialoga com a economia. O primeiro objetivo desta tese é promover o necessário diálogo entre economia e direito do trabalho, para uma melhor compreensão do que é uma empresa, uma vez que a CLT considera como empregador a empresa. O segundo objetivo é apontar novos rumos da responsabilidade trabalhista para a atividade empresarial, a partir das noções de risco e de poder. A metodologia adotada é a pesquisa bibliográfica. Inicia-se com a apreciação das várias teorias econômicas da firma, como a neoclássica, a do agenciamento, a dos custos de transação de Ronald Coase, a do nexo de contratos e a dos direitos de propriedade consolidada por Oliver Hart. Abordam-se também as noções comercialistas da empresa de Asquini e o risco empresarial de Simon Deakin. Em seguida, a empresa é contextualizada no ambiente de trabalho, para se identificar os ambientes “fissurados” a que se refere David Weil, a exemplo das cadeias de abastecimento e das franquias. Como empregadora, a empresa exerce cinco funções, por meio de um ou de vários entes legais, de acordo com a teoria de Jeremias Prassl. Essa noção funcional do empregador é implicitamente adotada na CLT e pode perfeitamente ser trasladada ao direito do trabalho brasileiro, para uma melhor imputação de responsabilidades aos vários entes que exercem uma ou mais de uma função de empregador. A empresa é um poder, detém um perfil político e precisa exercer o autocontrole, por meio dos códigos de conduta ou de uma nova sistemática de responsabilidade. Por fim, a conclusão a que se chegou é que as noções, oriundas do law and economics, a respeito de custos de transação, nexo de contratos, direitos de propriedade, somadas aos perfis da empresa de Asquini, e acrescidas das noções de poder e de risco, tudo isso cria novas ferramentas para se imputar uma inovadora responsabilidade empresarial trabalhista
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Knowledge networking : structure and performance in networks of practiceTeigland, Robin January 2003 (has links)
No description available.
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Organizational Capital Budgeting Model (Ocbm)Kang, Hyoung Goo January 2009 (has links)
<p>Organizational Capital Budgeting Model (OCBM) is a general theory of capital budgeting that incorporates traditional capital budgeting theories and the consideration about firm's information/ organization structure. The traditional financial capital budgeting model is a special case of OCBM. Therefore, OCBM not only broadens the traditional model, but also explains the heterogeneous behaviors of firms using quasi/non-financial version of capital budgeting. I demonstrate the validity of OCBM with multiple research methods. The field studies about Asian conglomerates are carefully constructed. The conglomerates are important dataset to study organizational decision making because of their size, scope, controversial behaviors and global presence.</p> / Dissertation
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Collective production processes, cooperation and incentives : experimental explorationsChalvignac, Benoît 10 December 2012 (has links) (PDF)
The study of knowledge creation processes has pointed to the complexity of individual interactions within productive organizations. This complexity appears to be such that incentive-based theories of the firm, which focus on information processing issues, may fail to grasp a substantial part of the individual decision-making involved in the context of organizational learning, and more broadly in collective production processes. In this thesis we use experimental methods to study the determinants of cooperation, in order to refine the behavioral assumptions on which economic theories of collective production are based. We show that the two visions of cooperation embodied in competing theories of the firm - a behavior to be elicited from diverging interests and an emergent property stemming from social interactions among agents - find support from the laboratory experiments. Accordingly, we conclude that both approaches should be upheld and possibly combined in a broader, integrative, analytical framework.
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The ignorant MNE : the role of perception gaps in knowledge managementArvidsson, Niklas January 1999 (has links)
No description available.
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A BAYESIAN EVIDENCE DEFINING SEARCHKim, Seongsu 25 June 2015 (has links)
No description available.
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A empresa-instituição / The firm as an institutionTeixeira, Ana Barbara Costa 10 June 2010 (has links)
Este trabalho foi elaborado com o objetivo de versar especificamente sobre o fenômeno social que é a Empresa, uma instituição-organização e, como tal, uma abstração humana de caráter poliédrico (emprestando a terminologia cunhada em 1943 por Asquini (em seu paradigmático artigo \"Os perfis da Empresa\"), um relevante agente da Sociedade que, institucionalizado, defenderemos tratar-se de um sujeito per si de direito. Como toda instituição, a Empresa é uma criação essencialmente humana, uma solução desenvolvida para atender determinada necessidade social, não sendo um resultado natural, espontâneo da natureza, mas, sim, fruto da racionalidade, da lógica, de uma pessoa ou conjunto de pessoas, que gozando do reconhecimento por seus pares é legitimada no seio social e por atribuição legal passa a gozar de personalidade jurídica. Neste estudo pretende-se conceituar juridicamente a Empresa, mediante a assunção deste fenômeno como uma realidade complexa que deve ser compreendida de forma sistêmica e integrada, não limitando sua análise jurídica meramente aos efeitos de sua atividade (função); ou à sua definição vulgar como forma de organização de fatores de produção voltada ao lucro; ou à sua interpretação como o simples resultado de um feixe de contratos avalorativos ou, ainda, entendida como instrumento simplesmente voltado à concretização da vontade de seu fundador o empresário, nesse trabalho entendido como empreendedor , mas sim como um fenômeno multifacetado uno, resultado da integração de suas diversas facetas (ou perfis), da inter-relação de suas diversas \"partes-interessadas\", enfim, como uma legítima instituição-organização. / This project was developed with the aim of relating specifically to the social phenomenon that is the Firm, an \"institution-organization\" and as such a human abstraction (creation) materialized as a polyhedral phenomenon (borrowing the terminology coined in 1943 by Asquini in his paradigmatic article \"Profiles of the Firm\"), a major agent of the Society that, institutionalized, it will be defended to be itself a \"subject of law\". Like any institution, the Firm is essentially a human creation, a solution designed to meet particular social need, not a spontaneous result of the \"nature\", but rather the result of rationality, logic, build by a person or group of people, and as a social phenomenon enjoys the recognition by their peers as legitimated social institution. This study intended to characterize the Firm legally, taking up this phenomenon as a complex reality that must be understood in a systemic and integrated approach, not limiting its legal analysis only to the effects of their activity (function), or its ordinary definition as a \"form of organization of production factors profit-oriented\", or its interpretation as the mere result of a series of contracts devoided of values, or even simply understood as a tool aimed at achieving the will of its founder - the entrepreneur, that in this work is understood as \"entrepreneur\" but as a multifaceted phenomenon considered as one single reality, resulting from the integration of its various aspects (or \"profiles\"), and the relations among and between its stakeholders, in others words, as a legitimate \"institution-organization\".
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Capabilities meet regulation : the compliance processes of Mexican food supply chains with United States biosecurity regulationsBorbon Galvez, Yari January 2013 (has links)
This thesis explores how Mexican fresh produce supply chains have responded to US bio-security regulations designed to prevent the intentional and accidental contamination of imported food. It explores the compliance processes, which are theorised using a framework drawn from the Resource-Based View (RBV) and the Supply Chain Governance (SCG) literatures. The constructs developed herein regarding capabilities and supply chain ‘governance structures' complement previous Regulation Studies (RS) explaining compliance behaviour. The thesis analysed 12 case studies, and tested causal conditions of compliance using a multi-value Qualitative Comparative Analysis (mvQCA) method. The main results show: 1) the pathways to meet the regulatory requirements; 2) the limited diversity of capabilities associated with higher levels of compliance; and 3) the importance of tight supply chain coordination to source and exchange knowledge for compliance, regardless of how or who governs the supply chain. The thesis contributes to various academic debates. It removes the RVB assumptions that resources and capabilities are intrinsically valuable and complementary, and therefore contributes towards making the theory less tautological. It shows how SCG benefits when the effects of supply chain integration and coordination are examined independently. It differentiates between firms lacking willingness and firms lacking capabilities to comply, making it possible to define suitable regulatory strategies for each type of firm. The thesis makes a methodological contribution as it is one of the first studies applying the mvQCA in Science, Technology and Innovations Studies (STIs). The new methodology is used here to test the causal conditions of compliance, but can also be applied to innovative performance more generally. The thesis concludes by showing how US regulations were effective in achieving their regulatory aims without significant negative consequences, and suggesting that STI regulatory policies can be used to increase business engagement to prevent the intentional and accidental contamination of the food chain.
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