How does organizational slack affect firm performance? Organization theory posits that slack, despite its costs, has a positive impact on firm performance. In contrast, agency theory suggests that slack breeds inefficiency and inhibits performance. The empirical evidence, largely from developed...

The rapid social, economic, and politicalchanges in Central and Eastern Europe, the former Soviet Union, and East Asia(e.g. Vietnam, China) have earned these nationsthe title of"transition economies." The evolution of entrepreneurial endeavorswithin these nations, both pre and post institutional...

The work is a practical examination of fundamental strategic issues confronted by firms competing in newly opened markets. It covers emerging markets in East Asia, Central and Eastern Europe and the new states of the former Soviet Union