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A well-known view in the literature is that if management is more concerned with the firm's survival than with profitability, it is efficient to use a levered capital structure and thereby transfer the liquidation decision to lenders. Our paper extends this idea to a setting where lenders behave...
Persistent link: https://www.econbiz.de/10009191892
Persistent link: https://www.econbiz.de/10010861462
Many contemporary organizations claim to be moving towards forms of increased inclusion and transparency in the strategy formulation and communication processes. This paper explores how organizations can enable wide participation in strategy making while keeping a coherent strategic direction....
Persistent link: https://www.econbiz.de/10010727904
In information systems (IS) research, there is a solid consensus in acknowledging Henderson’s & Vankatraman’s (1993) concept and model of strategy alignment. It provides a rational technical and managerial standard for optimal choice and management of SI. Paradoxically, many IS...
Persistent link: https://www.econbiz.de/10010752120
Referring to the conceptual framework for strategy-as-practice (Whittington 2006, Jarzabkowski et al. 2007), this paper aims at investigating the practioners-practices couple, by analysing the main and recurrent individual characteristics of practitioners and the way they interact with their...
Persistent link: https://www.econbiz.de/10010708752
In the Public management debate on a post/beyond New Public Management phase, there has been a stream of research on public sector employees. Our paper investigates the role of public sector employees in the actual "government revival". Strategy as Practice appears as a particularly relevant...
Persistent link: https://www.econbiz.de/10010899762
While the importance of ethnographic research for causal understanding is widely recognized, the logic of this argument has not been well articulated. The purpose of this paper is to specify the conditions under which direct field observations become essential for causal studies. It is argued in...
Persistent link: https://www.econbiz.de/10010993138
During the Greek economic crisis a focus on energy practice highlights the temporal complexities of local coping strategies. Re-launched in 2011, the European Union supported solar energy initiative encourages installation of futuristic, high-tech photovoltaic panels on fertile agricultural...
Persistent link: https://www.econbiz.de/10010884697
Mainstream economics is built on a strong separation between positive economics and normative economics which in fact proceeds from Hume?s dichotomy between « is » and « ought ». The former would describe some aspect of economy (around the question of allocations of scarce resources)...
Persistent link: https://www.econbiz.de/10011020276
Methodologies of historical sociology face research problems centered on the instability of historical referents, their historical non-independence, and the privileging of objective time of the clock and calendar. The present essay, by reflecting on an analysis of the apocalyptic in the long run...
Persistent link: https://www.econbiz.de/10008469749