The real options theory and the diversification approach to strategic investments represent two important ways of thinking about how firms cope with uncertainty. Yet, these two lines of reasoning have developed independently of each other and the literature has missed interesting opportunities...

This paper presents longitudinal research investigating the role of management in achieving performance metrics within Academy schools in the UK. The findings suggest that those schools most successfully achieving the performance metrics set by the government tend to make eight changes in a...

This research examines the determinants of firms’ growth. Our findings indicate that firms willing to grow substantially and government programs designed to boost firms’ growth should put emphasis on investing in newer technology, diversifying from regional markets towards national and...