MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...

Economic development and social entrepreneurship often conceive of poverty as a resource allocation problem in which a lack of capital prevents the poor from increasing their income through entrepreneurship. This allocative view, however, represents only one possible approach to conceptualizing...

This study examines how different contextual, structural, and functioning characteristics of clusters influence cluster performance. Hereto, we develop a conceptual framework that identifies potential influencing factors, validate it statistically and estimate the impact of the variables on...

Empirically-documented associations between network position and organizational performance could be driven by unobserved resources. I study this issue theoretically, by developing an equilibrium model of inter-firm network formation. Specifically, I investigate how an organization's resource...

Despite considerable reforms over the past two decades, boards – particularly at financial institutions – have been criticized recently for poor stewardship. This article argues that the lack of attention to behavioral and functional considerations – in particular, relating to director...

The paper is based on the proposed model of Robert Katz (1955) for managerial skills. Further Marquardt (2006) research tool is adopted to test the Jandaghi et al (2009) hypotheses. The objective of this research is to find the relationship between managers’ skills and organizational learning...

We investigate the organizational pursuit of seemingly impossible goals - commonly known as stretch goals. Building from our analysis of the mechanisms through which stretch goals could influence organizational learning and performance, we offer a contingency framework evaluating which...

There is now a substantial body of research examining the relationship between human resource management (HRM) and organisational performance. Much of this research has focused on attempting to specify "bundles" of HRM practices or HRM systems that have an identifiable effect on firm...

When social structures are stable and social systems yield expected and desirable results, there is relatively less demand for institutional economics than during times of change. Surge of interest in institutional analysis usually comes during times when countries contemplate basic reform. The...

Theoretical and empirical research in the past decades has advanced our understanding of what determines the vertical boundary of a firm. An equally important but much less understood issue is the impacts of vertical integration on firm performance, mainly because the decision on vertical...