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Articles 1 - 30 of 76
Full-Text Articles in Strategic Management Policy
Strategies For Improving The Competitiveness Of The Korean Shipbuilding Industry : Case Study Of Hyundai Heavy Industries, Lee Hyun
World Maritime University Dissertations
Although external factors affect companies, companies need solutions to survive and sustain growth. However, the financial crisis of 2008 affected the Korean shipbuilding industry and companies recorded poor financial results. To solve this problem and increase the competitiveness of the Korean shipbuilding industry, it is necessary to find stabilizing suggestions and promising markets to diversify into. Therefore, this research is aimed at proposing suggestions for problem solving and new market development. To deeply look into this situation, a case study of a particular company will be undertaken. The target company is Hyundai Heavy Industries and its competitors are Samsung Heavy …
Rethinking Governance In Management Research: From The Editors, Laszlo Tihanyi, Scott Graffin, Gerard George
Rethinking Governance In Management Research: From The Editors, Laszlo Tihanyi, Scott Graffin, Gerard George
Research Collection Lee Kong Chian School Of Business
In the field of management, the study of governance has primarily dealt with decision-making by boards of directors, chief executives, and senior managers. The corporate governance literature has generated important insights regarding incentive alignment, risk taking, and coordination challenges. Emerging trends, highlighted in this issue, raise new questions regarding managerial roles, organizational contexts, internal and social processes, and changes in governance over time. We encourage management scholars to rethink their approach to governance research by considering stakeholder engagement, the implications of big data, social impact, global dimensions, and comparative analysis of governance. A broadened conceptualization of governance may also deal …
Substitutes Or Complements? A Configurational Examination Of Corporate Governance Mechanisms, Vilmos Misangyi, Abhijith G. Acharya
Substitutes Or Complements? A Configurational Examination Of Corporate Governance Mechanisms, Vilmos Misangyi, Abhijith G. Acharya
Research Collection Lee Kong Chian School Of Business
We conduct an exploratory qualitative comparative case analysis of the S&P 1500 firms with the aim of elaborating theory on how corporate governance mechanisms work together effectively. To do so, we integrate extant theory and research to specify the bundle of mechanisms that operate to mitigate the agency problem among publicly traded corporations and review what previous research has said about how these mechanisms combine. We then use the fuzzy-set approach to qualitative comparitive analysis (QCA) to explore the combinations of governance mechanisms that exist among the S&P 1500 firms that achieve high (and not-high) profitability. Our findings suggest that …
Efficacy Of R&D Work In Offshore Captive Centers: An Empirical Study Of Task Characteristics, Coordination Mechanisms, And Performance, Deepa Mani, Kannan Srikanth, Anandhi Bharadwaj
Efficacy Of R&D Work In Offshore Captive Centers: An Empirical Study Of Task Characteristics, Coordination Mechanisms, And Performance, Deepa Mani, Kannan Srikanth, Anandhi Bharadwaj
Research Collection Lee Kong Chian School Of Business
Seizing the latest technological advances in distributed work, an increasing number of firms have set up offshore captive centers (CCs) in emerging economies to carry out sophisticated R&D work. We analyse survey data from 132 R&D CCs established by foreign multinational companies in India to understand how firms execute distributed innovative work. Specifically, we examine the performance outcomes of projects using different technology-enabled coordination strategies to manage their interdependencies across multiple locations. We find that modularization of work across locations is largely ineffective when the underlying tasks are less routinized, less analyzable, and less familiar to the CC. Coordination based …
How Firms Respond To Financial Restatement: Ceo Successors And External Reactions, David Gomulya, Warren Boeker
How Firms Respond To Financial Restatement: Ceo Successors And External Reactions, David Gomulya, Warren Boeker
Research Collection Lee Kong Chian School Of Business
Although past studies have paid considerable attention to firms' reputations, few have investigated the actions that firms take following a reputation-damaging event. We identify firms involved in financial earnings restatements and examine whether naming a successor CEO with specific qualities serves to signal the seriousness of a firm's efforts to restore its reputation. Using theories of market signaling, we argue that attributes of successor CEOs significantly influence the reactions of key external constituencies. In particular, firms with more severe restatement tend to name successors who have prior CEO or turnaround experience and a more elite education. The naming of such …
Cash Is Suprisingly Valuable As A Strategic Asset, Changhyun Kim, Richard A. Bettis
Cash Is Suprisingly Valuable As A Strategic Asset, Changhyun Kim, Richard A. Bettis
Research Collection Lee Kong Chian School Of Business
Academics, politicians, and journalists are often highly critical of U.S. firms for holding too much cash. Cash holdings are stockpiled free-cash flow and incur substantial opportunity costs from the perspectives of economics. However, behavioral theory highlights the benefits of cash holdings as fungible slack resources facilitating adaptive advantages. We use the countervailing forces embodied in these two theories to hypothesize and test a quadratic functional relationship of returns to cash measured by Tobin's q. We also build and test a related novel hypothesis of scale-dependent returns to cash based on the competitive strategy concept of strategic deterrence. Tests for both …
Using Consumer Informedness As An Information Strategy, Ting Li, Robert John Kauffman, Eric Van Heck, Peter Vervest, Benedict Dellaert
Using Consumer Informedness As An Information Strategy, Ting Li, Robert John Kauffman, Eric Van Heck, Peter Vervest, Benedict Dellaert
Research Collection School Of Computing and Information Systems
Consumer informedness describes the degree to which consumers are aware of the specific attributes of products or services offered in the marketplace. Understanding how this level of informedness can amplify consumer behaviour provides firms with the opportunity to develop information-based strategies that can encourage their target segment make purchases.
Kinship In Entrepreneur Networks: Performance Effects Of Resource Assembly In Africa, Jane N. O. Khayesi, Gerard George, John Antonakis
Kinship In Entrepreneur Networks: Performance Effects Of Resource Assembly In Africa, Jane N. O. Khayesi, Gerard George, John Antonakis
Research Collection Lee Kong Chian School Of Business
We examine the relationship among structural social capital, resource assembly, and firm performance of entrepreneurs in Africa. We posit that social capital primarily composed of kinship or family ties helps the entrepreneur to raise resources, but it does so at a cost. Using data drawn from small firms in Kampala, Uganda, we explore how shared identity among the entrepreneur's social network moderates the relationship between social capital and outcomes. A large network contributed a higher quantity of resources raised, but at a higher cost when shared identity was high. We discuss the implications of these findings for the role of …
The Role Of Operations Executives In Strategy Making, Lieven Demeester, Arnoud De Meyer, Jovan Grahovac
The Role Of Operations Executives In Strategy Making, Lieven Demeester, Arnoud De Meyer, Jovan Grahovac
Research Collection Lee Kong Chian School Of Business
Creating competitive advantage based on operations capabilities is likely to require much analysis and communication within the operations function. At the same time, much communication and joint strategizing with the top and other functional executives is likely to be needed as well. Hence, given that operations executives have limited time and also have to perform many other routine tasks, they need to manage two tradeoffs. The first one is between the time spent on strategy making and the time spent on everything else. The other is within strategy making, between the time spent on "functional deliberation" within the operations function …
Rethinking Cross-Border Talent Management: The Emerging Markets Perspective, Tejpavan Gandhok, Richard Raymond Smith
Rethinking Cross-Border Talent Management: The Emerging Markets Perspective, Tejpavan Gandhok, Richard Raymond Smith
Research Collection Lee Kong Chian School Of Business
A closer look at the relatively little understood issue of how and why emerging market MNCs manage their senior talent for international growth leads us to question the conventional wisdom on talent management practices.
The Implications Of Regional And National Demographic Projections For Future Gms Costs In Ireland Through To 2026, Aisling Conway Lenihan, Martin Keneally, Noel Woods, Andreas Thummel, Marie Ryan
The Implications Of Regional And National Demographic Projections For Future Gms Costs In Ireland Through To 2026, Aisling Conway Lenihan, Martin Keneally, Noel Woods, Andreas Thummel, Marie Ryan
Dept. of Management & Enterprise Publications
As the health services in Ireland have become more resource-constrained, pressure has increased to reduce public spending on community drug schemes such as General Medical Services (GMS) drug prescribing and to understand current and future trends in prescribing. The GMS scheme covers approximately 37% of the Irish population in 2011 and entitles them, inter alia, to free prescription drugs and appliances. This paper projects the effects of future changes in population, coverage, claims rates and average claims cost on GMS costs in Ireland.
Change Leadership In South East Asian Academic Libraries, Gulcin Cribb, Tamera Hanken
Change Leadership In South East Asian Academic Libraries, Gulcin Cribb, Tamera Hanken
Research Collection Library
No abstract provided.
Executing The Strategic Plan: Five Actions Midlevel Leaders Can Take, Daniel Jensen
Executing The Strategic Plan: Five Actions Midlevel Leaders Can Take, Daniel Jensen
Faculty Works
The article offers suggestions for executing strategic plans for organizational success. Topics discussed include determining the objectives, goals, and organizational vision, measuring specific tasks to evaluate progress against expected results, and use of SWOT analysis to determine the strengths and weaknesses of organizations.
Firm Litigation Risk And The Insurance Value Of Corporate Social Performance, Ping-Sheng Koh, Cuili Qian, Heli Wang
Firm Litigation Risk And The Insurance Value Of Corporate Social Performance, Ping-Sheng Koh, Cuili Qian, Heli Wang
Research Collection Lee Kong Chian School Of Business
This paper advances the risk management perspective that superior social performance enhances firm value by serving as an ex ante valuable insurance mechanism. We posit that good social performance is more valuable as an insurance mechanism for firms with higher litigation risks. Moreover, value generation of corporate social performance (CSP) depends on whether a firm has gained pragmatic legitimacy (i.e., a firm's financial health) and moral legitimacy (i.e., whether or not a firm operates in a socially contested industry) among its stakeholders. We find that the value of CSP as insurance against litigation risk is practically significant, adding 2 to …
Organizations With Purpose: From The Editors, Elaine Hollensbe, Charles Wookey, Loughlin Hickey, Gerard George, Vincent Nichols
Organizations With Purpose: From The Editors, Elaine Hollensbe, Charles Wookey, Loughlin Hickey, Gerard George, Vincent Nichols
Research Collection Lee Kong Chian School Of Business
Trust in business is improving from its nadir in 2009, but still remains dishearteningly low. Recent surveys report that only one in four members of the general public trusts business leaders to correct issues, and only one in five trusts them to tell the truth and make ethical and moral decisions. The 2014 Edelman Trust Barometer, a 27-country survey with more than 33,000 respondents, finds that overall trust declined across countries and sectors, with CEOs ranking second lowest at 43% and government officials the lowest at 36% as credible spokespeople to win public trust (Edelman Berland, 2014). This public distrust …
A Sound Idea: A Theory-Based Synthesis And Explanadum Supporting The Use Of Music In Marketing Strategy, Anthony H. Kerr, Neel Das
A Sound Idea: A Theory-Based Synthesis And Explanadum Supporting The Use Of Music In Marketing Strategy, Anthony H. Kerr, Neel Das
Atlantic Marketing Journal
A review and synthesis of research literature regarding the role and influence of music on advertising effectiveness and in-store shopper moods and behavior is presented. A conceptual model is presented, with strong theoretical support found in classical conditioning, information processing, involvement, and mood states literature. The authors posit that a retailer should use a dual, concomitant music strategy as a component of an overall advertising and in-store marketing promotion plan. This strategy is presented in what the authors refer to as the Music Affect Model. While using the positive affects of music on consumer purchasing behavior as its core source …
Right Person At The Right Place: How Ipr At The Host Location Influences The Internal Division Of Innovative Labor In Multinational Enterprises, Anand Nandkumar, Kannan Srikanth
Right Person At The Right Place: How Ipr At The Host Location Influences The Internal Division Of Innovative Labor In Multinational Enterprises, Anand Nandkumar, Kannan Srikanth
Research Collection Lee Kong Chian School of Business
The internationalization of R&D activity by multinational enterprises (MNEs) is increasing, with a recent big push towards emerging economies. Understanding how MNEs organize collaborative R&D across geographies is therefore an important area of scholarship. However, little attention has been paid towards understanding the factors that influence the division of innovative labor within an MNE across geographies – the internal division of innovative labor. Drawing on the literature that shows that strong protection for intellectual property (IP) is important for the efficient division of innovative labor between firms, we argue and show that differences in effectiveness of IP protection between international …
Mobility, Retention And Productivity Of Genomics Scientists In The United States, Kenneth Guang-Lih Huang, Gokhan Ertug
Mobility, Retention And Productivity Of Genomics Scientists In The United States, Kenneth Guang-Lih Huang, Gokhan Ertug
Research Collection Lee Kong Chian School Of Business
Scientific and technological innovations by highly skilled scientists and inventors are critical to the long-term economic health of the United States. These scientists enable the creation and flow of scientific research and technologies from public institutions such as universities to private firms and vice versa by forming vital linkages between them. The exchange of new ideas and the commercialization of promising scientific and technological innovations have resulted in the formation of new high-technology startups, growth opportunities within entrepreneurial and established science-based firms, and jobs creation. These form the backbone of the scientific innovation ecosystem in the United States. A potential …
Coordinated Exploration: Organizing Joint Search By Multiple Specialists To Overcome Mutual Confusion And Joint Myopia, Thorbjørn Knudsen, Kannan Srikanth
Coordinated Exploration: Organizing Joint Search By Multiple Specialists To Overcome Mutual Confusion And Joint Myopia, Thorbjørn Knudsen, Kannan Srikanth
Research Collection Lee Kong Chian School Of Business
In this paper, we use an agent-based simulation model to investigate how coordinated exploration by multiple specialists, as in new product development, is different from individual search. We find that coordinated exploration is subject to two pathologies not present in unitary search: mutual confusion and joint myopia. In joint search, feedback to one agent’s actions is confounded by the actions of the other agent. Search therefore leads to increasing mutual confusion because agents are unable to learn from feedback to correct their faulty mental models of the search space. Incorrect beliefs held by one agent lead to mistakes, and because …
Outward Foreign Direct Investment By Emerging Market Firms: A Resource Dependence Logic, Jun Xia, Xufei Ma, Jane W. Lu, Daphne W. Yiu
Outward Foreign Direct Investment By Emerging Market Firms: A Resource Dependence Logic, Jun Xia, Xufei Ma, Jane W. Lu, Daphne W. Yiu
Research Collection Lee Kong Chian School Of Business
This study examines and extends the resource dependence logic of diversification for a better understanding of outward foreign direct investment (OFDI) activities by emerging market firms. We contend that the diversification logic is bounded by state ownership, an important but less considered component of interdependence. Our empirical results, based on panel data analysis of Chinese listed firms, suggest that the level of interdependence between Chinese and foreign firms in China in multiple forms, including symbiotic, competitive, and partner interdependencies, is positively associated with the level of the Chinese firms' OFDI activities. However, Chinese firms with higher levels of state ownership …
Dueling Institutional Logics And The Effect On Strategic Entrepreneurship In Chinese Business Groups, Daphne W. Yiu, Robert E. Hoskisson, Garry D. Bruton, Yuan Lu
Dueling Institutional Logics And The Effect On Strategic Entrepreneurship In Chinese Business Groups, Daphne W. Yiu, Robert E. Hoskisson, Garry D. Bruton, Yuan Lu
Research Collection Lee Kong Chian School Of Business
Focusing on a period of institutional friction when institutions are in transition, this study examines the dueling institutional logics that simultaneously operated as business groups were implemented to foster strategic entrepreneurship activities in China. Our findings from 1,095 Chinese business group-affiliated firms show that the original institutional logic of state control and ownership remains a potent factor, while the new institutional logic in support of strategic entrepreneurship takes place through business groups' informal and formal organization controls. Further, the state logic causes rigidity and inflexibility for firms to react to the new institutional demands, thus weakening the positive effects of …
Stacking Yard Expansion Planning In Development Country, Arif Maulana Kaukab
Stacking Yard Expansion Planning In Development Country, Arif Maulana Kaukab
World Maritime University Dissertations
No abstract provided.
Strategic Value Of Indonesia Port Corporation Ii For International Logistic Competitiveness Of Indonesia, Finan Syaisullah
Strategic Value Of Indonesia Port Corporation Ii For International Logistic Competitiveness Of Indonesia, Finan Syaisullah
World Maritime University Dissertations
No abstract provided.
Research On Diversification Strategies Of Shipping Company Groups, Sheng Pan
Research On Diversification Strategies Of Shipping Company Groups, Sheng Pan
World Maritime University Dissertations
No abstract provided.
Study On Panamax Fleet Operating Strategy Of Sinotrans Shipping, Bochang Li
Study On Panamax Fleet Operating Strategy Of Sinotrans Shipping, Bochang Li
World Maritime University Dissertations
No abstract provided.
The Power Of Words In Tension: Enterprise/Strategy As A Dilemma In Neoliberalism’S Persistence., Brendan O'Rourke
The Power Of Words In Tension: Enterprise/Strategy As A Dilemma In Neoliberalism’S Persistence., Brendan O'Rourke
Conference papers
We address how enterprise is related to, another important discourse, strategy. From a discourse analysis of the talk of small firm owner-managers, emerges a view of strategy and enterprise as a single, integrated entity, bound together by some commonalities but more importantly by paired opposites reminiscent of ideological dilemmas (Billig, Condor, Edwards, Gane, Middleton & Radley, 1988). This dilemmatic nature of enterprise/strategy discourse adds to explanations for the persistence of the neoliberal form of enterprise, with the entrepreneur as the heroic saviour of all, based on the entrepreneur as an empty signifier (Jones & Spicer, 2009; Kenny & …
Aging Populations And Management: From The Editors, Carol T. Kulik, Susan Ryan, Sarah Harper, Gerard George
Aging Populations And Management: From The Editors, Carol T. Kulik, Susan Ryan, Sarah Harper, Gerard George
Research Collection Lee Kong Chian School Of Business
The human population is aging at a rate “without parallel in the history of humanity” (United Nations, Department of Economic and Social Affairs, Population Division, 2001: xxviii). The aging of the world population is driven by two trends. First, there has been a dramatic increase in life expectancy. In the United Kingdom, for example, 10 million people are over 65 years old (roughly, 1 in 6 individuals). The latest projections are for 5½ million more elderly people in 20 years' time, and the number will have nearly doubled to around 19 million (roughly, 1 in 4 individuals) by 2050 (Cracknell, …
A Template For Invention: Renewing & Recycling Knowledge Components, Tufool Alnuaimi, Gerard George, Simon J.D. Schillebeeckx
A Template For Invention: Renewing & Recycling Knowledge Components, Tufool Alnuaimi, Gerard George, Simon J.D. Schillebeeckx
Research Collection Lee Kong Chian School Of Business
We explore how old technologies can be recombined to generate new inventions. We consider four ways by which old technologies can serve as templates: subtraction, reconfiguration, addition, and replacement. Subtraction and reconfiguration do not require changing a prior combination of components, whereas for the latter two, new components are introduced. We test these ideas using patent data from the US semiconductor industry. The study’s findings suggest that re-using previous combinations results in higher impact. However, not all prior technologies are equally useful; inventions that recombine components from recently developed technologies were found to have a higher impact. We also show …
Are Public-Private Partnerships A Healthy Option? A Systematic Review., Jens K. Roehrich, Michael A. Lewis, Gerard George
Are Public-Private Partnerships A Healthy Option? A Systematic Review., Jens K. Roehrich, Michael A. Lewis, Gerard George
Research Collection Lee Kong Chian School Of Business
Governments around the world, but especially in Europe, have increasingly used private sector involvement in developing, financing and providing public health infrastructure and service delivery through public–private partnerships (PPPs). Reasons for this uptake are manifold ranging from rising expenditures for refurbishing, maintaining and operating public assets, and increasing constraints on government budgets stifle, seeking innovation through private sector acumen and aiming for better risk management. Although PPPs have attracted practitioner and academic interest over the last two decades, there has been no attempt to integrate the general and health management literature to provide a holistic view of PPPs in healthcare …
Firm As A Coordination System: Evidence From Offshore Software Services, Kannan Srikanth, Phanish Puranam
Firm As A Coordination System: Evidence From Offshore Software Services, Kannan Srikanth, Phanish Puranam
Research Collection Lee Kong Chian School Of Business
To examine what, if any, are the differences in how activities are coordinated within versus between firms, we conducted interviews with 32 project managers regarding 60 projects in the offshore software services industry. Uniquely, our projects were sampled along two dimensions: (1) colocation versus spatial distribution and (2) delivery by groups of individuals from a single firm versus from multiple firms. Our evidence suggests that in colocated projects, the same broad categories of coordination mechanisms are used both within and between firms. However, there is a qualitative difference in how geographically (i.e., spatially) distributed projects are coordinated within versus between …