当前位置：Wow! eBookOrganisational Theory & Behaviour The Uncertainty-Governance Choice Puzzle Revisited: Predictions from Transaction Costs Economics, Resource-Based Theory, and Real Options Theory: 122 ... zur betriebswirtschaftlichen Forschung, 122) 2009th Edition
The Uncertainty-Governance Choice Puzzle Revisited: Predictions from Transaction Costs Economics, Resource-Based Theory, and Real Options Theory: 122 … zur betriebswirtschaftlichen Forschung, 122) 2009th Edition
Author(s): Franziska König (Author), Prof. Dr. Thomas Mellewigt (Foreword)
Publisher: Gabler Verlag
Publication Date: 25 Mar. 2009
Edition: 2009th
Language: English
Print length: 357 pages
ISBN-10: 3834915335
ISBN-13: 9783834915337
Book Description
Franziska König examines the nature and effects of uncertainty on governance choice of firms. Despite an innumerable amount of theoretical and empirical efforts that have been undertaken until to date, the relationship between uncertainty and governance choice remains nebulous. On the one hand, there are numerous theoretical approaches suggesting different implications regarding governance choice. For example, while in the face of uncertainty, transaction costs economics (TCE) favors hierarchical governance, real options theory (ROT) promotes more market-based governance solutions. On the other hand, empirical research has been adopting an innumerable amount of different operationalizations and has presented in part divergent empirical results. As a consequence the strategic management literature has not been able to advise management practice on which governance form to choose in the face of different uncertainty problems. Franziska König approaches the theoretical and empirical puzzle in a systematical way and her results materially advance current research. Firstly, Franziska König suggests a more formal, circumstance-based categorization of uncertainty-governance choice relationships that allows integrating different theoretical explanations and resolving empirical anomalies. Subsequently, she adopts a mul- dimensional, circumstance-based lens to investigate the contributions of three theoretical frameworks, i. e. , TCE, Resource-Based View (RBV), and ROT, and therewith to gain a deeper understanding of uncertainty-governance choice problems. Secondly, Franziska König provides a thorough examination of the state-of-the-art regarding empirical research.
Editorial Reviews
From the Back Cover
What is the appropriate governance design for operating under uncertain conditions, such as emerging markets and innovative technologies? Although this question has plagued management practice and academic research for years, no unified answer has been found.
Franziska König examines the anatomy of uncertainty-governance choice relationships from different theoretical angles, including transaction costs economics, resource-based theory, and real options theory. The book sharpens single-theoretical explanations and determines their boundaries both conceptually and by providing a comprehensive “vote-counting” analysis of recent empirical research. Recent debates, which argue the optimal governance response to uncertainty, are resolved with three multi-theoretical models. Empirical results of a “policy-capturing” study, conducted in the context of strategic alliances, reveal that managers recognize different uncertainty problems and respond to them by applying distinct “decision policies” along an equity and a coordination dimension of governance.
About the Author
Dr. Franziska König promovierte als externe Doktorandin bei Prof. Dr. Thomas Mellewigt am Lehrstuhl für Unternehmensführung, insb. Wertschöpfungsorientiertes Wissensmanagement, an der Freien Universität Berlin. Sie ist derzeit als Managerin für Ressourcenplanung bei einer internationalen Unternehmensberatung tätig.
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