Strategic reference point theory
Article Abstract:
The development and maintenance of a fit between predicted external demands and expected internal resources have always been an issue in the field of strategic-management research. One proposal that addresses this challenge posits that the choice of 'reference points' of a firm's management can enable it to attain strategic alignment that is instrumental for better performance and sustainable competitive advantage. Based on prospect theory, this aforementioned assumption is used as a springboard for the creation of a strategic reference point (SRP) matrix. This matrix consists of three dimensions: internal capability, external conditions and time. A strategic reference point theory is then developed. This theory describes how to achieve an optimal SRP structure. Suggestions for the application of SRP in research and practice are discussed.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1996
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How do international joint ventures create shareholder value?
Article Abstract:
Research presented concerns how the announcement of international joint venture participation by US firms impacts shareholder value. Topics addressed include shareholder expectations of joint venture performance and the organizational management of international business partners.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 2000
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Ten year index: volumes 1-10, 1980-1989
Article Abstract:
An index to the articles appearing in Strategic Management Journal over the past ten years is presented.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1990
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