ORGANIZATIONAL DESIGN, LEARNING, AND THE MARKET VALUE OF THE FIRM

被引:0
|
作者
Carroll, Timothy N. [1 ]
Hunter, Starling D. [2 ]
机构
[1] Georgia Inst Technol, Coll Management, 800 W Peachtree Strt, NW, Atlanta, GA 30309 USA
[2] MIT, Alfred P Sloan Sch Management, Cambridge, MA 02142 USA
关键词
Organization design; organizational learning; exploration; exploitation; variance;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
We compare market returns associated with firms' creation of new units focused on e-business. Two aspects of organization design - governance and leadership - are considered with regard to exploitation- and exploration-oriented organization learning. We find that exploitation in governance ( high centralization) is associated with a lower mean and variance in returns; that exploitation in leadership (appointment of outsiders) is associated with the same mean yet higher variance; and, among units exhibiting both modes of learning, the variance of returns are not equal.
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页码:125 / 142
页数:18
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