This research compares innovation-related spinoffs and buyouts. Innovation-related divestitures are companies created with the intent of better developing and marketing new products in new or existing markets. We investigate how and why spinoffs’ and buyouts’ strategic emphasis, radicalness of products, and profits diverge over time. Using longitudinal data on 126 spinoffs and 102 buyouts over ...

Diverse boards have been seen as providing impetus for initiating change. However, diversity may introduce conflict and impede decision making, which could hinder the ability of the firm to make strategic change, especially in times when firm performance is low. Integrating threat-rigidity theory and team diversity research, we examine how board gender diversity, firm performance, and the power...

This paper aims to translate the strategy of a Greek manufacturing company into objectives and measures that can be clearly communicated to all units and employees. For this purpose two basic strategic tools are implemented, the Balanced Scorecard (BSC) and the strategy map. Based on the statements about mission, vision, and values of the company, and the strategic analysis, we formulate the st...

Sustainable growth can be a source of success for firms. Corporate social responsibility (CSR) is a key tool for sustainable growth. However, should firms invest in CSR without having confidence in the effects and methods of CSR? This study explored the R&D, technology commercialization, and CSR motivation as core competencies that enhance corporate performance through CSR from a normative pers...

Performance management has gained increasingly attention in management education and practice, yet the link between theory and performance management practice is still to be made explicit. This paper firstly briefs relevant literatures on the theoretical basis of performance management, then analyses the goal and tasks of strategic performance management. It is proposed that three interrelated ...

The relationship of strategy-performance linkages is central in strategic management research. A large number of empirical studies have applied strategic typologies distinguishing strategic types to investigate these linkages. Of the numerous strategic typologies, Miles and Snow’s framework has been one of the most scrutinized and validated strategy classifications. Although, there is a wide ar...