Beiträge zur betriebswirtschaftlichen Forschung, Bd. 122.; Gabler Edition Wissenschaft.
CONTENTS NOTE
Text of Note
THEORY --; STATE-OF-THE-ART: EMPIRICAL WORK ON UNCERTAINTY-GOVERNANCE CHOICE RELATIONSHIPS --; THE UNCERTAINTY-GOVERNANCE CHOICE PUZZLE REVISITED: RECONCILING THEORETICAL PERSPECTIVES --; EMPIRICAL DATA --; CONCLUSIONS & FUTURE RESEARCH.
SUMMARY OR ABSTRACT
Text of Note
What is the appropriate governance design for operating under uncertain conditions, such as emerging markets and innovative technologies? Although this question has plagued management practice and academic research for years, no unified answer has been found. Franziska König examines the anatomy of uncertainty-governance choice relationships from different theoretical angles, including transaction costs economics, resource-based theory, and real options theory. The book sharpens single-theoretical explanations and determines their boundaries both conceptually and by providing a comprehensive?vote-counting? analysis of recent empirical research. Recent debates, which argue the optimal governance response to uncertainty, are resolved with three multi-theoretical models. Empirical results of a?policy-capturing? study, conducted in the context of strategic alliances, reveal that managers recognize different uncertainty problems and respond to them by applying distinct?decision policies? along an equity and a coordination dimension of governance.
TOPICAL NAME USED AS SUBJECT
Corporate governance.
Economie de l'entreprise.
Science économique.
LIBRARY OF CONGRESS CLASSIFICATION
Class number
HD2741
Book number
.
F736
2009
PERSONAL NAME - PRIMARY RESPONSIBILITY
Franziska König ; with a foreword by Thomas Mellewigt.