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Author König, Franziska

Title The uncertainty-governance choice puzzle revisited : predictions from transaction costs economics, resource-based theory and real options theory / Franziska König ; with a foreword by Thomas Mellewigt
Edition 1st ed
Published Wiesbaden : Gabler, ©2009

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Description 1 online resource (xvi, 341 pages) : illustrations
Series Beiträge zur betriebswirtschaftlichen Forschung ; Bd. 122
Gabler Edition Wissenschaft
Beiträge zur betriebswirtschaftlichen Forschung ; Bd. 122.
Gabler Edition Wissenschaft.
Contents THEORY -- STATE-OF-THE-ART: EMPIRICAL WORK ON UNCERTAINTY-GOVERNANCE CHOICE RELATIONSHIPS -- THE UNCERTAINTY-GOVERNANCE CHOICE PUZZLE REVISITED: RECONCILING THEORETICAL PERSPECTIVES -- EMPIRICAL DATA -- CONCLUSIONS & FUTURE RESEARCH
Summary What is the appropriate governance design for operating under uncertain conditions, such as emerging markets and innovative technologies? Although this question has plagued management practice and academic research for years, no unified answer has been found. Franziska König examines the anatomy of uncertainty-governance choice relationships from different theoretical angles, including transaction costs economics, resource-based theory, and real options theory. The book sharpens single-theoretical explanations and determines their boundaries both conceptually and by providing a comprehensive?vote-counting? analysis of recent empirical research. Recent debates, which argue the optimal governance response to uncertainty, are resolved with three multi-theoretical models. Empirical results of a?policy-capturing? study, conducted in the context of strategic alliances, reveal that managers recognize different uncertainty problems and respond to them by applying distinct?decision policies? along an equity and a coordination dimension of governance
Bibliography Includes bibliographical references (pages 293-319)
Notes Print version record
Subject Corporate governance.
Economie de l'entreprise.
Science économique.
Affaires.
Corporate governance
Unternehmen
Entscheidung bei Unsicherheit
Governance
Form Electronic book
ISBN 9783834994493
3834994499
1283171538
9781283171533