It is discussed whether hybrid strategies are beneficial or detrimental to a firm’s performance, because hybrid …, existing studies on the relationship between hybrid strategy and firm performance have largely neglected the role of the … the relationship between a hybrid strategy and firm performance. Particularly, the roles of specific organization …

performance measures as well as on a firm’sprofitability within a principal-agent framework. Previous literature had failed … a firm directs principals to reallocateparticipation in performance measures so that competitive agents are privileged …