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As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretical model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing...
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This paper investigates how family ownership, control and management affect firm investment performance. We use the … identity of the CEO and the COB to establish under what management the firm is: founder, descendent or external management. The … analysis shows that founder management has no effect on investment performance in family firms, whereas descendant management …
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One of the most popular and widely used frameworks in strategic management is SWOT analysis (or SWOT hereafter), which …
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