Weitere Artikel dieser Ausgabe durch Wischen aufrufen
We thank the Editor-in-Chief Mike W. Peng and the two anonymous reviewers for their insightful and constructive comments.
Extensive studies of the organizational slack–performance relationship offer mixed findings in developed economies while little research attends to transition economies. Replicating and extending earlier work by Tan and Peng (2003), this study examines the relationship between organizational slack and firm performance in China and focuses on the moderating effects of firm ownership and competitive intensity. Empirical findings based on longitudinal data from 60,945 firms during 1998–2002 suggest that the impact of organizational slack on performance is stronger for private enterprises than for SOEs and foreign-invested enterprises. Furthermore, industry competitive intensity positively moderates the effect of organizational slack on performance. In a three-way interaction effect, the moderating effect of competitive intensity on the organizational slack–performance relationship is weaker in SOEs than in private enterprises and foreign invested enterprises.
Bitte loggen Sie sich ein, um Zugang zu diesem Inhalt zu erhalten
Sie möchten Zugang zu diesem Inhalt erhalten? Dann informieren Sie sich jetzt über unsere Produkte:
Ahlstrom, D., & Bruton, G. D. 2001. Learning from successful local POEs in China: Establishing legitimacy. Academy of Management Executive, 15(4): 72–82.
Ang, S. H. 2008. Competitive intensity and collaboration: Impact on firm growth across technological environments. Strategic Management Journal, 29(10): 1057–1075. CrossRef
Arnold, D. J., & Quelch, J. A. 1998. New strategies in emerging markets. Sloan Management Review, 40(1): 7–20.
Barnett, W. P. 1997. The dynamics of competitive intensity. Administrative Science Quarterly, 42(1): 128–160. CrossRef
Boisot, M., & Child, J. 1996. From fiefs to clans and network capitalism: Explaining China’s merging economic order. Administrative Science Quarterly, 41(4): 600–628. CrossRef
Bourgeois, L. J. 1981. On the measurement of organizational slack. Academy of Management Review, 6(1): 29–39. CrossRef
Buchko, A. 1994. Conceptualization and measurement of environmental uncertainty: An assessment of the Miles and Snow perceived environmental uncertainty scale. Academy of Management Journal, 37(2): 410–415. CrossRef
Child, J. 1994. Management in China during the age of reform. Cambridge: Cambridge University Press.
Cohen, W. W. 1996. Firm size and the nature of innovation within industries: The case of process and product R&D. Review of Economics and Statistics, 78(2): 232–243. CrossRef
Cyert, R., & March, J. 1963. A behavioral theory of the firm. Englewood Cliffs: Prentice Hall.
Daniel, F., Lohrke, F., Fornaciari, C., & Turner, R. A. 2004. Slack resources and firm performance: A meta-analysis. Journal of Business Research, 57(6): 565–574. CrossRef
D’Aveni, R., & Ravenscraft, D. 1994. Economics of integration versus bureaucracy costs: Does vertical integration improve performance?. Academy of Management Journal, 37(5): 1167–1206. CrossRef
Dess, G. G., & Beard, D. W. 1984. Dimensions of organizational task environments. Administrative Science Quarterly, 29(1): 52–63. CrossRef
Gao, G. Y., Murray, J. Y., Kotabe, M., & Lu, J. 2009. A “strategy tripod” perspective on export behaviors: Evidence from domestic and foreign firms based in an emerging economy. Journal of International Business Studies, forthcoming.
George, G. 2005. Slack resources and the performance of privately held firms. Academy of Management Journal, 48(4): 661–676.
Hair, J. F., Anderson, R. E., Tatham, R. L., & Black, W. C. 1998. Multivariate data analysis. New Jersey: Prentice Hall.
Heckman, J. J. 1979. Sample selection bias as a specification error. Econometrica, 47(1): 153–161. CrossRef
Hoskisson, R. E., Eden, L., Lau, C., & Wright, M. 2000. Strategy in emerging economies. Academy of Management Journal, 43(3): 249–267. CrossRef
Hubbard, R., Vetter, D. E., & Little, E. L. 1998. Replication in strategic management: Scientific testing for validity, generalizability, and usefulness. Strategic Management Journal, 19(3): 243–254. CrossRef
Khanna, T., & Palepu, K. 1997. Why focused strategies may be wrong for emerging markets. Harvard Business Review, 75(4): 41–51.
Leibenstein, H. 1969. Organizational or frictional equilibria X-efficiency and the rate of innovation. Quarterly Journal of Economics, 83(4): 600–623. CrossRef
Li, H., & Zhang, Y. 2007. The role of managers’ political networking and functional experience in new venture performance: Evidence from China’s transition economy. Strategic Management Journal, 28(8): 791–804. CrossRef
London, T., & Hart, S. L. 2004. Reinventing strategies for emerging markets: Beyond the transnational model. Journal of International Business Studies, 35(5): 350–370. CrossRef
Love, G. E., & Nohria, N. 2005. Reducing slack: The performance consequences of downsizing by large industrial firms, 1977–93. Strategic Management Journal, 26(12): 1087–1108. CrossRef
Luo, Y. 2007. Coopetition perspective of global competition. Journal of World Business, 42(2): 129–144. CrossRef
Luo, Y., & Peng, M. W. 1999. Learning to compete in a transitional economy: Experience, environment and performance. Journal of International Business Studies, 30(2): 269–296. CrossRef
March, J. 1994. A primer on decision-making. New York: The Free Press.
Murray, W. 1996. The Chinese family business enterprise. California Management Review, 38(4): 141–155.
Nohria, N., & Gulati, R. 1996. Is slack good or bad for innovation?. Academy of Management Journal, 39(5): 1245–1264. CrossRef
Peng, M. W. 1994. Organizational changes in planned economies in transition: An eclectic model. Advances in International Comparative Management, 9: 223–251.
Peng, M. W. 2001. How entrepreneurs create wealth in transition economies. Academy of Management Executive, 15(1): 95–108.
Peng, M. W. 2003. Institutional transitions and strategic choices. Academy of Management Review, 28(2): 275–296. CrossRef
Peng, M. W., & Heath, P. S. 1996. The growth of the firm in planned economies in transition: Institutions, organizations, and strategic choice. Academy of Management Review, 21(2): 492–528. CrossRef
Peng, M. W., Tan, J., & Tong, T. W. 2004. Ownership types and strategic groups in an emerging economy. Journal of Management Studies, 41(7): 1105–1129. CrossRef
Peng, M. W., Wang, D. Y. L., & Jiang, Y. 2008. An institution-based view of international business strategy: A focus on emerging economies. Journal of International Business Studies, 39(5): 920–936. CrossRef
Peng, M. W., Sun, S. L., Pinkham, B., & Chen, H. 2009. The institution-based view as a third leg for a strategy tripod. Academy of Management Perspectives, 23(2) forthcoming.
Perkins, D. 1994. Completing China's move to the market. Journal of Economic Perspectives, 8(2): 23–46.
Pfeffer, J., & Salancik, G. 1978. The external control of organizations. New York: Harper & Row.
Ramaswamy, K. 2001. Organizational ownership, competitive intensity, and firm performance: An empirical study of the Indian manufacturing sector. Strategic Management Journal, 22(10): 989–998. CrossRef
Rosenberg, M. 1968. The logic of survey analysis. New York: Basic Books.
Scott, W. R. 1995. Institutions and organizations. Thousand Oaks: Sage.
Sharfman, M., Wolf, G., Chase, R., & Tansik, D. 1988. Antecedents of organizational slack. Academy of Management Review, 13(4): 601–614. CrossRef
Shenkar, O., & Von Glinow, M. A. 1994. Paradoxes of organizational theory and research: Using the case of China to illustrate national contingency. Management Science, 40(1): 56–71. CrossRef
Singh, J. 1986. Performance slack and risk taking in organizational decision making. Academy of Management Journal, 29(3): 562–585. CrossRef
Singh, K., Ang, S. H., & Leong, S. M. 2003. Increasing replication for knowledge accumulation in strategy research. Journal of Management, 29(4): 533–549.
Su, Z., Xie, E., & Li, Y. 2009. Organizational slack and firm performance during institutional transitions. Asia Pacific Journal of Management, 26: 75–91. CrossRef
Tan, J. 2002. Impact of ownership type on environment, strategy, and performance: Evidence from China. Journal of Management Studies, 39(3): 333–354. CrossRef
Tan, J., & Peng, M. W. 2003. Organizational slack and firm performance during economic transitions: Two studies from an emerging economy. Strategic Management Journal, 24(13): 1249–1263. CrossRef
Tan, J., & Tan, D. 2005. Environment–strategy co-evolution and co-alignment: A staged model of Chinese SOEs under transition. Strategic Management Journal, 26(2): 141–157. CrossRef
Teece, D., Pisano, G., & Shuen, A. 1997. Dynamic capabilities and strategic management. Strategic Management Journal, 18(7): 509–533. CrossRef
Tsang, E., & Kwan, K. 1999. Replication and theory development in organizational science: A critical realist perspective. Academy of Management Review, 24(4): 759–780. CrossRef
- Behind organizational slack and firm performance in China: The moderating roles of ownership and competitive intensity
- Springer US
Neuer Inhalt/© Stellmach, Neuer Inhalt/© BBL, Neuer Inhalt/© Maturus, Pluta Logo/© Pluta, Neuer Inhalt/© hww, Voraussetzungen für wirtschaftliche additive Fertigung/© Marco2811 | Fotolia