Employee incentives to make firm-specific investments: Implications for resource-based theories of corporate diversification
Article Abstract:
The fact that risk associated with the value of a firm's core resources has an impact on employee decisions to make firm-specific investments, independent of the threat of opportunism that might exist in a particular exchange and mechanisms firms might adopt to mitigate the employee incentive problem stemming from the risk associated with core resource value is investigated. It is found that when the core firm resource becomes obsolete, diversification would longer be effective and then a better strategy for the firm would be to develop capabilities that enable it to adapt to the changing scenario.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 2006
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On being positive: Concerns and counterpoints
Article Abstract:
The attractions and shortcomings of the 'positive' neohumanisitic turn in organizational theorizing, the way positivity can be developed, and its moral and cultural underpinnings and claims to separate positive from negative emotions, and the deployment of positiveness in human resource management are studied. The findings suggest the way positive scholarship can be reconfigured in light of the present critique and against the emancipatory ideas of critical organizational theory to achieve individual and organizational transformation and optimal functioning over a period of time.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 2006
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Shifting the lens on organizational life: The added value of positive scholarship
Article Abstract:
The implications of positive scholarship for organizational theory and managerial practice are studied. The findings suggest that illuminating positive states, dynamics and outcomes enriches theoretical perspectives and invites new directions for empirical research, while a deep understanding of generative mechanisms might ultimately enhance the quality of life for those individuals working within the organizations.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 2006
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