Michael Lubatkin and Michael Pitts
The thoughtful responses by McCabe and Chussil to a previously published article entitled “PIMS: Fact or Folklore?” by Lubatkin and Pitts have intensified the controversy that…
Abstract
The thoughtful responses by McCabe and Chussil to a previously published article entitled “PIMS: Fact or Folklore?” by Lubatkin and Pitts have intensified the controversy that surrounds the PIMS program. At issue is the claim of the Strategic Planning Institute (SPI) that it has uncovered universal laws of the marketplace through a cross‐sectional analysis of over 2,000 varied businesses. We contend that the primary source of controversy surrounding the PIMS project arises from the differences between two prevailing perspectives of the marketplace. For the sake of convenience, we will refer to one as the “PIMS perspective” and the other as the “policy perspective.”
Michael Lubatkin and Michael Pitts
Perhaps no strategic planning model has generated the controversy that PIMS has. Although some of the critics' charges may be justified, the authors find that the model is still…
Abstract
Perhaps no strategic planning model has generated the controversy that PIMS has. Although some of the critics' charges may be justified, the authors find that the model is still valid and extremely valuable.
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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Zeki Simsek, John F. Veiga and Michael H. Lubatkin
Given the ubiquity of Internet access in the business world, the question for strategy researchers is no longer over whether or not Internet surveys are viable, but rather over…
Abstract
Given the ubiquity of Internet access in the business world, the question for strategy researchers is no longer over whether or not Internet surveys are viable, but rather over the comparative advantages and disadvantages of this modality. To address this question, we provide guidelines for researchers to help minimize the challenges while still reaping the benefits. We begin by first defining Internet survey modalities and some of their benefits, and then we focus on the associated sampling challenges and often ways that strategy researchers can address them. To further assist researchers in using this survey modality, we present a comparison of some software packages that might be useful, followed by a discussion of the lessons that we have learned from our own use of Internet surveys.
Chris Parkinson and Matthew Ian Shaw
The content of this paper is adapted from two studies of contested takeover bids. These studies, and this paper, are attempts to add to the limited research conducted in the UK…
Abstract
The content of this paper is adapted from two studies of contested takeover bids. These studies, and this paper, are attempts to add to the limited research conducted in the UK into the share price performance of companies involved in mergers and acquisitions. Research directed specifically at defended takeover bids is even more limited and only one piece of research (Holl and Taffler, 1988) to date has addressed this particular topic in the UK.
Raj Aggarwal, J. Edward, Louise E. Mellen and Frank J. Navratil
So far, the overall performance track record for corporate mergers and acquisitions has not been very encouraging. Both the academic and trade literature report that on average…
Abstract
So far, the overall performance track record for corporate mergers and acquisitions has not been very encouraging. Both the academic and trade literature report that on average the gains to stockholders of acquiring companies tend to be small or non‐ existent.