Power & Resource Dependence
In U.S. states with anti-union labor environments, employees are up to 53% more likely to try working for themselves, a study in Strategic Entrepreneurship Journal has found.
As the shocks of war continue to be a daily reality for people in Ukraine, smaller exporting firms have demonstrated the critical role of relational capital—fostering trust, cooperation, and communication with foreign partners—to survive and adapt to extreme crises.
The informal sector is ubiquitous in Africa and other emerging markets. The performance of these informal firms can be significantly influenced by informal institutions. But what are the deep roots of informal institutions? And how have they interacted with the colonial shocks in Africa?
When companies go public with salary information, the average productivity of their employees does not decline. But small shifts in work output are highly individualized, and they may reflect workers’ responses to how closely they feel their efforts align with the pay.
While social influence is a powerful, positive force for financial markets under most circumstances, under crisis conditions, it can have unanticipated, adverse consequences.
When both board power and expertise were present alongside an overconfident CEO, the results were remarkable…
Strategic Management of Fault Lines, Contradictions, and Divergences