Large firms are increasingly facing existential crisis. While knowledge and information era organizations are replacing industrial age giants in the honor rolls of technocratic leadership, quality, excellence, and profitability, the large industrial era firms (whether banking, utilities,...

With the Nobel Prize in economics for the year 2013 awarded to the scholars who have juxtaposed the theories on market efficiency, and doubtlessly asserting the inefficiency of financial markets by reasoning the disconnect between the firm performance and volatility in asset prices, reforming...

The untenable volatility of financial markets and fleeting nature of stock ownership on one side and corporate scandals, high-risk managerial whims and empire-building attitudes of corporate managers on the other have rekindled a three-decade-old debate on whether financial markets, especially...

Words manifest in many forms - symbols, proverbs, metaphors, riddles, parables, stories and hymns- and form the basis of our culture, organizations, and socio-economic-political systems. Words not only mean the objective phenomena that determine our lives, but also assist in the creation and...

Purpose – The purpose of this paper is to trace the emergence of knowledge-centric innovative enterprises that function in a disaggregated and dispersed form and further contemplate the economic and managerial rationale behind this strategy. A constant challenge to large organizations as well...

The alliance governance ndash; whether equity or nonequity based ndash; through which an alliance is governed serves as a mechanism to protect a firm from partner's opportunistic behavior, manage resource dependence and facilitate knowledge sharing. Alliance governance structure also reflects...

Extant research on strategic alliances has established that contractual controls do not provide a complete safeguard to avert an alliance failure, and that alliance governance needs to be reinforced with relational norms such as trust. However, there is scant research evidence available on...

The objective of this manuscript is to present the arguments in favor of mini regional exchanges facilitating the trading of stocks for local and regional businesses. The mini stock exchange model proposed is not the replication of major national exchanges listing the same set of firms listed...

Managers of established firms as well as emerging firms continually search for unique strategies that ensure better returns with minimal risk, and that enable their businesses to effectively outsmart the competitive challenges by attaining the advantages in terms of innovation, cost efficiency...

Researchers have made great efforts to understand the dynamics of various organizational elements that enhance innovativeness. They have identified certain organizational solutions in terms of structures, systems, and processes that contribute to innovations in organizations. Most of the...