Building on social embeddedness theory, we examine how the competencies and resources of one corporate actor in a network are transferred to another actor that uses them to enhance transactions with a third actor—a strategic process we dub ‘network transitivity.’ Focusing on the properties of network transitivity in the context of small-firm corporate finance, we consider how embedded relations...

The purpose of this paper is to investigate the relationship between corporate environmental strategy and firm value. The major finding of this study is that corporate performance with regard to environmental responsibility is related to overall firm value. Adopting an environmentally responsible strategy appears to significantly enhance corporate financial performance for all firms except thos...

Corporate strategy should direct the way we invest managerial resources such as people, capital and materials in order to achieve corporate intention. Historically speaking, strategy has been used within military terminology, exemplified by the ancient Sun Tzu’s ‘The Art of War’ or in more recent history, Carl von Clausewitz’s ‘On War’. Strategy has been argued for over 2300 years, since Sun Tz...