This dissertation provides extensive empirical evidence--a large sample study over a long period--about the link between strategy and shareholder value. In contrast to the typical measure of shareholder value--stock price times the number of shares outstanding--this dissertation uses beta excess...

This dissertation reports the results of three pilot studies, one background field study, and a large survey to buyers and suppliers of market-data systems. The dissertation uses a cognitive perspective on market structuring, competitive definitions, and rivalry.

This study investigates the empirical relationship between synergy and related diversification. Multi-dimensional measures of related diversification and relatedness are developed. These are hypothesized to be correlated with synergy, also a multi-dimensional construct. It is argued that...

This is a study of financial and strategic factors relating to the failure and bankruptcy of 73 firms that went bankrupt from 1980 to 1986. The characteristics of the bankrupt firms were compared with those of a matching sample of nonbankrupt firms. On average the bankrupt firms were weaker than...