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Performance Implications of Strategic Performance Measurement in Financial Service
This study examines the relation between measurement system satisfaction, economic performance, and two general approaches to strategic performance measurement: greater measurement diversity and improved alignment with firm strategy and value…
Market Effects of Recognition and Disclosure
Our recognition and disclosure model reveals that price informativeness is determined by the interaction of the qualities of three information sources—the recognized amount, the disclosed information, and the information revealed by price—and…
The fog of change: Opacity and asperity in organizations
Initial architectural change in organizations often induces other subsequent changes, generating lengthy cascades of changes in subordinate units. This article extends a formal model of cascading organizational change by examining the…
The Practice of Supply Chain Management: Where Theory and Application Converge
“For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. Numerous industries have recognized the importance of efficient supply chain integration,…
For-Profit Hospitals Lead to Gains in Productivity
No abstract is available for this article.
Affine Processes and Applications in Finance
Collateral Constraints and the Amplification Mechanism
Kiyotaki and Moore (J. Polit. Economy 105 (1997) 211) have offered a theory for how common shocks to credit-constrained firms are amplified through changes in collateral values and transmitted as fluctuations in output. I clarify and extend their…
Management of the Loss Reserve Accrual and the Distribution of Earnings in the Property-Casualty Insurance Industry
We document that property-casualty insurers with small positive earnings understate loss reserves relative to insurers with small negative earnings. Furthermore, loss reserves are managed across the entire distribution of earnings, with the most…
The negative impact of perceiving discrimination on collective well-being: The mediating role of perceived ingroup status.
Previous research has found that, among stigmatized group members, perceiving discrimination against the ingroup simultaneously yields a positive indirect effect on self-worth (mediated by ingroup identification) and a negative direct effect (…
Appointment Policies in Service Operations: A Critical Analysis of the Economic Framework
In this paper we review the literature on appointment policies, specifically in terms of the objective function commonly used and the assumptions made about the behavior of demand. First, we provide an economic framework to analyze the problem.…
Relational Incentive Contracts
Standard incentive theory models provide a rich framework for studying informational problems but assume that contracts can be perfectly enforced. This paper studies the design of self-enforced relational contracts. I show that optimal contracts…
Size (and competition) among organizations: Modeling scale-based selection among automobile producers in four major countries, 1885-1981
Based on previous empirical research, size is perhaps the most powerful explanatory organizational covariate in strategic analysis. We suggest that theoretical arguments about size be examined carefully to specify models with explicit…
Vicarious Learning, Undersampling of Failure, and the Myths of Management
Organizations learn from other organizations. However, the observations available to them are typically a biased sample. The organizations that can be observed at any point in time are the survivors of a selective process that has eliminated a…
Virtualness and Knowledge in Teams: Managing the Love Triangle of Organizations, Individuals, and Information Technology
Information technology can facilitate the dissemination of knowledge across the organization-even to the point of making virtual teams a viable alternative to face-to-face work. However, unless managed, the combination of information technology…
Employment-Based Health Insurance is Failing: Now What?
Employment-based health insurance is failing. Costs are out of control. Employers have no effective strategy to deal with this. They must think strategically about fundamental change. This analysis explains how employers’ purchasing policies…
Persuasion and attitude change
This chapter reviews contemporary issues in attitudes and persuasion. We describe controversies regarding the underlying bases of attitudes and the debate over whether attitudes are stored memorial representations or constructed on the spot. We…
Emergency response to an anthrax attack
We developed a mathematical model to compare various emergency responses in the event of an airborne anthrax attack. The system consists of an atmospheric dispersion model, an age-dependent dose–response model, a disease progression model, and a…
Excessive Dollar Debt: Financial Development and Underinsurance
We propose that the limited financial development of emerging markets is a significant factor behind the large share of dollar-denominated external debt present in these markets. We show that when financial constraints affect borrowing and…
Fear of Feedback
Nobody likes performance reviews. Subordinates are terrified they’ll hear nothing but criticism. Bosses, for their part, think their direct reports will respond to even the mildest criticism with stonewalling, anger, or tears. The result?…
Who's Really Sharing? Effects of Social and Expert Status on Knowledge Exchange within Groups
This study investigated the effects of social status and perceived expertise on the emphasis of unique and shared knowledge within functionally heterogeneous groups. While perceived expertise did not increase the individual’s emphasis of their…