Alliance capability,stock market response,and long‐term alliance success: the role of the alliance function

This paper addresses two key questions: (1) what factors influence firms' ability to build alliance capability and enjoy greater alliance success, where firm‐level alliance success is measured in two ways: (a) abnormal stock market gains following alliance announcements and (b) managerial assessments of long term alliance performance; and (2) are the two alternate ways of assessing alliance success correlated? We find that firms with greater alliance experience and, more importantly, those that create a dedicated alliance function (with the intent of strategically coordinating alliance activity and capturing/disseminating alliance‐related knowledge) realize greater success with alliances. More specifically, firms with a dedicated alliance function achieve greater abnormal stock market gains (average of 1.35%) and report that 63 percent of alliances are successful whereas firms without an alliance function achieve much lower stock market gains (average of 0.18%) and only a 50 percent long‐term success rate. We also find a positive correlation between stock market‐based measures of alliance success and alliance success measured through managerial assessments. In addition to providing insights into the development of alliance capability among firms, this paper is one of the first to provide empirical support for the efficient markets argument by demonstrating that the initial stock market response to a key event positively correlates to the long‐term performance and value of the event. Copyright © 2002 John Wiley & Sons, Ltd.     

The Australian Differential Reporting Debate: A Survey of Practitioners

This paper reports the findings of an investigation into issues surrounding the differential reporting debate. This debate was formalised in Australia by the promulgation of the Australian Accounting Research Foundation's Exposure Draft 48—Proposed Statement of Differential Reporting. However, the foundation has chosen not to provide guidance as to the standards considered applicable to non-reporting entities within its differential reporting proposal. A postal survey of practising accountants across Australia examined the respondents' perceptions as to the standards applicable to firms varied by size and legal structure. The paper provides initial empirical results indicating the way in which practitioners will apply standards under the differential reporting provisions proposed in the exposure draft and raises questions for future research.     

Extending the classroom boundaries – an evaluation of an asynchronous discussion board

Accounting educators are being challenged to revitalize the accounting curriculum and to expand methods of delivery, especially through the application of technology. Web-enhanced course delivery offers an opportunity to expand delivery techniques. This paper evaluates an asynchronous discussion board group exercise in an intermediate accounting course. Analysis of students' perceptions of the exercise indicated that they considered it had contributed to their learning. The discussion board gave them time to analyse other students' responses and to prepare their own contributions. The results show the discussion board made it easier for non-English background students and students over 30 years of age to express an opinion, and made them feel they had to contribute to the discussion. Students raised issues about the quality of the contributions, the lack of feedback from the lecturer on discussion topics, the time taken to complete the exercise and the amount of work involved for the assessment weighting.     

Contextualist Inquiry into Organizational Citizenship: Promoting Recycling Across Heterogeneous Organizational Actors

Although there is a significant amount of research on organizational citizenship behavior and its importance to individual and organizational outcomes (Podsakoff et al. 2000), relatively little research has explored the process by which such behavior emerges and is established within an organization. Against this backdrop, we combine the perspectives offered by contextualist inquiry (Pettigrew 1990) and actor–network theory (Latour 2005) to propose an integrative framework for investigating how organizational citizenship behavior develops in a large, heterogeneous organization. In order to illustrate the framework, we present a detailed case study of recycling at a large university. Like many other organizations, the university does not have a formal organizational structure to address sustainability concerns and the initiatives are therefore mainly voluntary and emerging in nature, and outcomes are, as a consequence, highly uncertain, and fragile. We argue that contextualist inquiry in combination with actor–network theory provides new and important insights into the emergence and establishment of organizational citizenship behaviors, and that outcomes are contingent upon interactions between the context, process, and content of the behaviors in question and the related networks of human and non-human actors.     

Managerial failure in late Victorian Britain?: Land use and English agriculture

This article focuses upon the neglected role of agriculture in Britain's relative economic decline. Landlords and farmers stand accused of responding inadequately to the flood of American cereal imports. Land‐use changes are analysed by soil type and access to urban markets, revealing a range of opportunities and restraints, and an appropriate variety of responses. Other aspects of agriculturalists' responses to depression remain to be examined, but this exercise finds no evidence of significant managerial shortcomings. Rather, the interim verdict is similar to that on the performance of those British industrialists whose once‐savaged reputations have been partly redeemed by the researches of McCloskey, Sandberg, et al.     

中印熊市为何尚未严重拖累经济？

即使在全球信贷危机发生前，许多跨国企业就对中国和印度的新兴中产阶级寄予厚望。目前美国经济可能正步入衰退，来自这两个人口逾10亿的亚洲大国新消费者的需求，也就显得更为重要。     

Resistance to technological innovations: An examination of the role of self-efficacy and performance satisfaction

Technological innovation is seen as the key to survival and success for many firms. Whether intended for internal use or for customers, adoption decisions must consider the response of the final user to such technological alternatives. This paper argues for greater attention to the factors which cause individual resistance to technological innovations. The results of two studies are reported which examined the effects of self-efficacy (Bandura 1977) and performance satisfaction on consumers’ response to technological changes. Results indicate that a person’s perceived ability to use a product successfully affects their evaluative and behavioral response to the product. In addition, the level of satisfaction experienced with an existing behavior increases resistance to and reduces likelihood of adopting an alternative.