Results 1 - 10 of 704

The modern industrial revolution, exit, and the failure of internal control systems

by Michael C. Jensen - JOURNAL OF FINANCE , 1993
"... Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average ( ..."
Abstract - Cited by 972 (6 self) - Add to MetaCart
and the requirement for exit. The next several decades pose a major challenge for Western firms and political systems as these forces continue to work their way through the worldwide economy.

Job Creation and Destruction

by J. C. Haltiwanger, S. Schuh , 1996
"... With unemployment at historically high levels in many OECD countries, increased job creation has risen to the top of the policy agenda for many western governments-but how can this be achieved? The importance of job creation (and destruction) in an economy cannot be overstated. Labour is organized a ..."
Abstract - Cited by 909 (68 self) - Add to MetaCart
With unemployment at historically high levels in many OECD countries, increased job creation has risen to the top of the policy agenda for many western governments-but how can this be achieved? The importance of job creation (and destruction) in an economy cannot be overstated. Labour is organized

Western Firms ’ Foreign Investment Strategies in Central and Eastern European Countries at the Dawning of EU-Enlargement – Towards Increasing Market Commitment?

by Stefan Eckert, Frank Rossmeissl
"... Of all kinds of market entry, foreign direct investment (FDI) enables Multinational Enterprises (MNEs) most to accomplish foreign market proximity. The great importance of the so called “market seeking FDI ” type for Central and Eastern European countries (CEECs) is shown by several empirical studie ..."
Abstract - Add to MetaCart
activities primarily done for reasons of psychic market proximity could decrease: a steady rapprochement of CEECs since 1989 and the accession to the EU in May 2004 strongly support a process of cultural convergence between CEECs and Western European Countries and an increasing cultural homogeneity between

Performance measurement and incentive compensation: an empirical analysis and comparison of Chinese and Western firms' practices. European accounting review

by Kenneth A Merchant , Wim A Van Der Stede , Thomas W Lin , Zengbiao Yu , Wim A Van Der Stede , 2011
"... ABSTRACT: This paper describes the findings of a study aimed at providing a replication and extension in China of studies focused on the incentive compensation practices of automobile retailers in the United States ..."
Abstract - Cited by 1 (0 self) - Add to MetaCart
ABSTRACT: This paper describes the findings of a study aimed at providing a replication and extension in China of studies focused on the incentive compensation practices of automobile retailers in the United States

Overcoming the Liability of Foreignness

by Srilata Zaheer - Academy of Management Journal , 1995
"... This study addressed the question of whether firms in a competitive, globally integrated environment face a "liability of foreignness " and to what extent either importing home-country organizational capabilities or copying the practices of successful local firms can help them over-come th ..."
Abstract - Cited by 248 (2 self) - Add to MetaCart
-come this liability. Predictions were tested with a paired sample of 24 foreign exchange trading rooms of major Western and Japanese banks in New York and Tokyo. Results support the existence of a liability of foreignness and tbe role of a firm's administrative beritage in providing competitive advantage to its

The Role of Family in Family Firms

by Marianne Bertrand, Antoinette Schoar - JOURNAL OF ECONOMIC PERSPECTIVES—VOLUME 20, NUMBER 2—SPRING 2006—PAGES 73–96 , 2006
"... History is replete with examples of spectacular ascents of family businesses. The Rothschilds, for example, not only amassed the greatest concentration of private wealth the Western world has ever seen, they are also credited with changing the fate of history by financing monarchs and kings—one of t ..."
Abstract - Cited by 113 (7 self) - Add to MetaCart
History is replete with examples of spectacular ascents of family businesses. The Rothschilds, for example, not only amassed the greatest concentration of private wealth the Western world has ever seen, they are also credited with changing the fate of history by financing monarchs and kings

9 Marketing Strategies of Western Consumer Goods Firms in Central and Eastern Europe

by Arnold Schuh, Hartmut Holzmüller
"... The rapid and often drastic changes in national business environments in the course of the transition from centrally planned to free market economies pose specific challenges to Western consumer goods firms in Central and Eastern Europe. Once lured by the huge market potential they are faced with a ..."
Abstract - Add to MetaCart
The rapid and often drastic changes in national business environments in the course of the transition from centrally planned to free market economies pose specific challenges to Western consumer goods firms in Central and Eastern Europe. Once lured by the huge market potential they are faced with a

Scandinavian Firms in China

by Johan Carlsson, Axel Nordegren, Fredrik Sjöholm, Johan Carlsson, Axel Nordegren, Fredrik Sjöholm , 2004
"... Western firms locating in China face a business environment that differs from their home country environment. The differences increase uncertainties and are negative for economic performance. However, firms may differ in their ability to overcome the difficulties, depending on their previous experie ..."
Abstract - Add to MetaCart
Western firms locating in China face a business environment that differs from their home country environment. The differences increase uncertainties and are negative for economic performance. However, firms may differ in their ability to overcome the difficulties, depending on their previous

Relating Organisational Change to Knowledge Management Practices, Technological Commitment and Competitiveness amongst Large Western and Japanese Firms

by Silvia Massini, Andrew M. Pettigrew, Arie Y. Lewin, Tsuyoshi Numagami
"... Students of innovation and evolutionary economists have long recognized the significance of organisational change, particularly as a consequence of technological production and adoption, but to many the organisational structure of firms (and changes to these) remain an unexplored ‘black box’. Organi ..."
Abstract - Add to MetaCart
and technological characteristics in large European, Japanese and US firms between 1992and 1996, we explore and map the emergence, diffusion and adaptation of new flexible organisational routines. We find a high movement of Western firms toward the frontier of new flexible managerial practices; high R

China Prompting Western Creativity

by Nick Bloom, Mirko Draca, John Van Reenen
"... Chinese manufacturing exporters are capturing low-skill production but driving high-skill innovation in the West When the California high-tech company Eye-Fi introduced a new memory chip in 2005 with built-in wi-fi capability it faced a challenge common to many technology firms: how to take a promis ..."
Abstract - Add to MetaCart
promising prototype and turn it into a mass-market, low-cost product—and get it to market before its rivals. Eye-Fi’s solution was an approach that Western firms increasingly are taking in response to the emergence of China as a manufacturing superpower. It used a local California boutique manufacturer
Results 1 - 10 of 704