国有大型煤炭企业集团财务危机生成研究

从企业发展战略、内部资本配置及外部环境变化3个方面研究了国有大型煤炭企业集团财务危机生成的机制。研究发现,一方面国有大型煤炭企业集团对规模导向发展战略形成了路径依赖;另一方面,由于其内部资本市场的失效,资金配置于无效或低效资产,造成债务的积累和无效或低效资产的积累。当市场和金融等外部环境发生改变时,将极有可能爆发财务危机。最后提出了解决以上问题的相关政策建议。     

技术创新、路径依赖与路径创造——产业升级的困境与突破

产业升级所必需的技术创新具有明显的路径依赖特征,其所产生的“锁定”效应会阻碍技术变迁。技术变迁的路径依赖有状态依存型路径依赖和行为依存型路径依赖两种,通过复杂适应系统理论可以提出产业升级中的技术变迁实现路径创造的对策建议。     

Interindustry merger patterns and resource dependence: a replication and extension of Pfeffer (1972)

This paper reexamines Pfeffer’s (1972) classic study on interindustry merger patterns by replicating and then extending his findings. Pfeffer argued and found that resource dependencies, as measured by interindustry economic transactions, explained merger patterns. The replication investigates how robust the resource dependence explanation for interindustry mergers is when more precise methods are applied to a data set that essentially recreates Pfeffer’s. The extension examines the strength of the resouce dependence effect over time, and offers hypotheses that seek to explain both longitudinal and cross-sectional variation in the strength of this effect. Results indicate that while the significance of the resource dependence effect is once again observed, after applying more refined analytical methods to the data the explanatory power of resource dependence is greatly diminished. In addition, variation in the strength of the resource dependence effect suggests some boundary conditions for the theory, at least with respect to its ability to predict interindustry mergers. © 1997 John Wiley & Sons, Ltd.     

Development of Trust: A Study of Interfirm Relationships in Vietnam

The radical political and economic reforms sweeping through former socialist countries during the last decade have opened rich opportunities for privately owned businesses to emerge and develop. Since the market institutions and infrastructures in these countries are largely underdeveloped, private firms in transition economies rely extensively on interfirm partnerships. This raises the question of how—in the absence of institutions that legitimate markets, contracts, and private property—managers of new business ventures develop new relationships. This paper addresses this issue through analysis of multiple subcontracting relationships formed at a private garment company in Vietnam. This analysis suggests that firms in transition economies develop interfirm trust in ways that are quite different from their counterparts in more highly developed economies.     

SURVIVAL OF BUSINESSES USING COLLABORATIVE RELATIONSHIPS TO COMMERCIALIZE COMPLEX GOODS

Authors with many theoretical and managerial perspectives argue that businesses commercializing technologically complex goods benefit when they collaborate closely with other businesses. Collaboration is viewed as a means for businesses to overcome competency limitations and to achieve the close configuration of components required for complex goods. We predict that collaborative relationships often assist businesses to produce complex goods, but that the relationships might also cause problems for the collaborating businesses. We find that firms using development-oriented and marketing-oriented collaborative relationships in the hospital software systems industry are less likely to shut down than businesses that follow independent approaches when the environment changes gradually, but businesses using collaborative relationships are sometimes susceptible to being acquired by other firms. Following a sudden environmental shock, businesses with collaborative relationships for activities central to the shock became more likely to shut down, while businesses with collaborative relationships for activities outside the focus of the shock became more likely to survive. The study critically evaluates and tests the widely stated but little-tested argument that interfirm collaboration is usually beneficial. The results address the issue of whether organizational choices affect comparative business performance.     

Strategic alliances as social capital: a multidimensional view

Defining social capital in terms of the information benefits available to a firm due to its strategic alliances we present a theory of social capital that conceptualizes it as a multidimensional construct. We draw from the literature to argue that social capital yields three distinctly different kinds of information benefits in the form of information volume, information diversity, and information richness. This extends current theoretical and empirical research by specifying and empirically demonstrating three interrelated yet distinct dimensions of social capital. Firms vary in their levels of social capital not just on their structural position in an alliance network but also in the dynamics that underlie alliance formation and maintenance. More importantly, the different dimensions of social capital theoretically provide differential benefits. We establish the construct validity of our proposed three‐dimensional conceptualization of social capital using longitudinal data on the population of strategic alliances formed during the period 1980–94 by firms in the global steel industry. In addition, we establish predictive validity by demonstrating that the information dimensions have differential effects on firm performance, using firm nationality as a contingency. Copyright © 2002 John Wiley & Sons, Ltd.     

企业非市场与市场资源、策略及其绩效的整合互动

企业经营战略必须同时关注非市场环境和市场环境,它应该是由非市场和市场两部分组成的。因此,本文构建了企业非市场与市场资源、策略及其绩效的整合互动理论模型以及相关研究假设,并利用问卷调查获得的数据,进行了深入地实证分析。其研究结果表明,企业非市场与市场资源、策略及其绩效之间分别都存在一种正的相关关系,而非市场与市场资源、非市场与市场策略及其非市场与市场绩效之间进一步融合能够对企业发展产生有效的整合效果,虽然非市场资源不能通过市场活动间接影响非市场绩效水平,但还是一定程度验证了市场资源、非市场策略和市场绩效之间的互动效果。