This paper seeks to present whether, and if so how, communication via websites can enhance or obstruct the link between … strategy and performance. In doing so, we develop two forms of communication: fit and distraction. Fit refers to the congruence … between external communication and strategy, while distraction implies the external communication of an alternative strategy …

information acquisition and costless communication. When the agency problem concerning information acquisition is sufficiently … ; Contract ; Communication ; Cheap talk ; Information acquisition …