Despite the theoretical appeal of configurational approaches, little empirical research to date has found a clear relationship between configuration membership and firm performance. In this paper, we argue that complementarities among strategic and structural characteristics establish...

This paper examines capital structure decisions as a strategic device to mitigate overinvestment problems. The analysis is based on a two-tiered approach, including agency problems between shareholders and the CEO (firm-level), and between the CEO and international executives (intra-firm level)....

We analyze the importance of both the level and the type of two critical dimensions of human capital for the performance of management consultants, namely education and experience. We use both qualitative and quantitative data on client ratings of the performance of 50 senior management...

We use structural equation modelling in order to regress two factors describing cognitive abilities and a number of observable exogenous variables on the grade performance of students in economics courses at four half-year intervals. We apply a bootstrapping procedure in order to analyze the...

Research and development (R&D) investments are strategic choices that firms make to create and sustain competitive advantage. Extant literature proposes that firms’ R&D investments and their profitability and capital market performance are reciprocally related. However, the direction of these...

In recent years, many professional service firms (PSFs) have moved away from the strict application of tournament principles in their career systems, while others have retained these classical structures. In this paper, we provide an assessment of the importance of two types of reputation of a...

We investigate the relative importance of organizational and decision-specific factors that shape decision-making processes as antecedents of consistency between corporate strategy concept and individual resource allocation decisions. Our empirical study examines the Swiss pharmaceutical...