Manufacturing-based relatedness, synergy, and coordination

Strategic Management Journal

Volumn 20, Issue 2, 1999, Pages 129-145

  St John, Caron H ^a   Harrison, Jeffrey S ^b  

^a Bowling Green State University   (United States)

^b UNIVERSITY OF CENTRAL FLORIDA   (United States)

Author keywords

Competitive advantage; Coordination; Corporate strategy; Manufacturing; Synergy

Indexed keywords

EID: 0001138995     PISSN: 01432095     EISSN: None     Source Type: Journal    
DOI: 10.1002/(sici)1097-0266(199902)20:2<129::aid-smj16>3.0.co;2-f     Document Type: Article

References (69)

1. Abernathy, W. J. and J. Utterback (1975). 'Dynamic model of process and product innovation', Omega, 3(6), pp. 639-657.
2. Barney, J. (1991). 'Firm resources and sustained competitive advantage', Journal of Management, 17(1), pp. 99-120.
3. Bentsen, G. J. (1979). 'The FTC's line of business program: A benefit-cost analysis.' In H. J. Goldschmid (ed.), Business Disclosure: Government's Need to Know. McGraw-Hill, New York, pp. 58-118.
4. Bettis, R. A. (1981). 'Performance differences in related and unrelated diversified firms', Strategic Management Journal, 2(4), pp. 379-393.
5. Brush, T. H. (1996). 'Predicted change in operational synergy and post-acquisition performance of acquired businesses', Strategic Management Journal, 17(1), pp. 1-24.
6. Chatterjee, S. (1986). 'Types of synergy and economic value: The impact of acquisitions on merging and rival firms', Strategic Management Journal, 7(2), pp. 119-139.
7. Chatterjee, S. and B. Wernerfelt (1991). 'The link between resources and type of diversification: Theory and evidence', Strategic Management Journal, 12(1), pp. 33-48.
8. Christensen, H. K. and C. A. Montgomery (1981). 'Corporate economic performance: Diversification strategy versus market power', Strategic Management Journal, 2(4), pp. 327-343.
9. Davis, R. and I. M. Duhaime (1992). 'Diversification, vertical integration, and industry analysis: New perspectives and measurement', Strategic Management Journal, 13(7), pp. 511-524.
10. Davis, P. S., R. B. Robinson, J. A. Pearce and S. H. Park (1992). 'Business unit relatedness and performance: A look at the pulp and paper industry', Strategic Management Journal, 13(5), pp. 349-361.
11. Davis, R. and L. G. Thomas (1993). 'Direct estimation of synergy: A new approach to the diversity-performance debate', Management Science, 39(11), pp. 1334-1346.
12. Galbraith, J. R. (1973). Designing Complex Organizations. Addison-Wesley, Reading, MA.
13. Galbraith, J. R. (1994). Competing with Flexible Lateral Organizations, (2nd ed.). Addison-Wesley, Reading, MA.
14. Galbraith, J. R. and D. A. Nathanson (1978). Strategy Implementation: The Role of Structure and Process. West, St. Paul, MN.
15. Govindarajan, V. (1988). 'Contingency approach to strategy implementation at the business-unit level: Integrating administrative mechanisms with strategy', Academy of Management Journal, 31(4), pp. 828-853.
16. Govindarajan, V. and J. Fisher (1990). 'Strategy, control systems, and resource-sharing: Effects on business-unit performance', Academy of Management Journal, 33(2), pp. 259-285.
17. Grant, R. M. 1988. 'On Dominant Logic' relatedness and the link between diversity and performance', Strategic Management Journal, 9(6), pp. 639-642.
18. Grant, R. M. (1991). 'The resource-based theory of competitive advantage: Implications for strategy formulation', California Management Review, 33(3), pp. 114-135.
19. Grant, R. M. and A. P. Jammine (1988). 'Performance differences between the Wrigley/Rumelt strategic categories', Strategic Management Journal, 9(4), pp. 333-346.
20. Gupta, A. K. and V. Govindarajan (1986). 'Resource sharing among SBUs: Strategic antecedents and administrative implications', Academy of Management Journal, 29(4), pp. 695-714.
21. Gupta, A. K. and V. Govindarajan (1991). 'Knowledge flows and the structure of control within multinational corporations', Academy of Management Review, 16(4), pp. 768-792.
22. Hall, E. H. and C. H. St. John (1994). 'A methodological note on diversity measurement', Strategic Management Journal, 15(2), pp. 153-168.
23. Harrison, J. S., E. H. Hall, Jr. and R. Nargundkar (1993). 'Resource allocation as an outcropping of strategic consistency: Performance implications', Academy of Management Journal, 36, pp. 1026-1051.
24. Hayes, R. H. and S. C. Wheelwright (1984). Restoring our Competitive Edge: Competing through Manufacturing. Wiley, New York.
25. Hax, A. C. and N. S. Majluf (1991). The Strategy Concept and Process: A Pragmatic Approach. Prentice-Hall. Englewood Cliffs, NJ.
26. Hill, C. W., M. A. Hitt and R. E. Hoskisson (1992). 'Cooperative versus competitive structures in related and unrelated diversified firms', Organization Science, 3, pp. 501-521.
27. Hoskisson, R. E. and M. A. Hitt (1990). 'Antecedents and performance outcomes of diversification: A review and critique of theoretical perspectives', Journal of Management, 16(2), pp. 461-509.
28. Hoskisson, R. E., M. A. Hitt, R. A. Johnson and D. D. Moesel (1993). 'Construct validity of an objective (entropy) categorical measure of diversification strategy', Strategic Management Journal, 14(3), pp. 215-235.
29. Jacquemin, A. P. and C. H. Berry (1979). 'Entropy measure of diversification and corporate growth', Journal of Industrial Economics, 27, pp. 359-369.
30. Kanter, R. M. (1989). When Giants Learn to Dance. Simon & Schuster, New York.
31. Kotha, S. and D. Orne (1989). 'Generic manufacturing strategies: A conceptual synthesis', Strategic Management Journal, 10(3), pp. 211-231.
32. Lang, L. H. P. and R. Stulz (1994). Tobin's q, corporate diversification, and firm performance', Journal of Political Economy, 102(6), pp. 1249-1280.
33. Lawrence, P. R. and J. W. Lorsch (1967). Organization and Environment. Irwin, Homewood, IL.
34. Lemelin, A. (1982). 'Relatedness in the patterns of interindustry diversification', Review of Economics and Statistics, 64, pp. 646-657.
35. Lubatkin, M. (1987). 'Merger strategies and stockholder value', Strategic Management Journal, 8(1), pp. 39-53.
36. Lubatkin, M. and R. E. Shrieves (1986). 'Towards reconciliation of market performance measures to strategic management research', Academy of Management Review, 11(3), pp. 497-512.
37. Mahoney, J. T. and J. R. Pandian (1992). 'The resource-based view within the conversation of strategic management', Strategic Management Journal, 13(5), pp. 363-380.
38. Markides, C. C. and P. J. Williamson (1994). 'Related diversification, core competences, and corporate performance', Strategic Management Journal, Summer Special Issue, 15, pp. 149-165.
39. Markides, C. C. and P. J. Williamson (1996). 'Corporate diversification and organizational structure: A resource-based view', Academy of Management Journal, 39(2), pp. 340-367.
40. Martinez, J. T. and J. C. Jarillo (1989). 'The evolution of research on coordination mechanisms in multinational corporations', Journal of International Business Studies, Fall, pp. 489-514.
41. Montgomery, C. A. (1982). 'The measurement of firm diversification: Some new empirical evidence', Academy of Management Journal, 25, pp. 299-307.
42. Montgomery, C. A. (1985). 'Product-market diversification and market power', Academy of Management Journal, 28, pp. 789-798.
43. Montgomery, C. A. and S. Hariharan (1991). 'Diversified entry by established firms', Journal of Economic Behavior and Organization, 15, pp. 71-89.
44. Nayyar, P. R. (1993). 'Stock market reactions to related diversification moves by service firms seeking benefits from information asymmetry and economies of scope,' Strategic Management Journal, 14(8), pp. 569-591.
45. Niden, C. M. (1993). 'An empirical examination of White Knight corporate takeovers: Synergy and overbidding', Financial Management, Winter, pp. 28-45.
46. Palepu, K. (1985). 'Diversification strategy, profit, performance, and the entropy measure', Strategic Management Journal, 6(3), pp. 239-255.
47. Penrose, E. T. (1959). The Theory of the Growth of the Firm. Wiley, New York.
48. Petaraf, M. A. (1993). 'The cornerstones of competitive advantage: A resource-based view', Strategic Management Journal, 14(3), pp. 179-191.
49. Porter, M. E. (1980). Competitive Strategy: Techniques for Analyzing Industries and Competitors. Free Press, New York.
50. Porter, M. E. (1985). Competitive Advantage: Creating and Sustaining Superior Performance. Free Press, New York.
51. Prahalad, C. K. and R. A. Bettis (1986). 'The dominant logic: A new linkage between diversity and performance', Strategic Management Journal, 7(6), pp. 485-501.
52. Ramanujam, V. and P. Varadarajan (1989). 'Research on corporate diversification: A synthesis', Strategic Management Journal, 10(6), pp. 523-551.
53. Reed, R. and G. A. Luffman (1986). 'Diversification: The growing confusion', Strategic Management Journal, 7(1), pp. 29-35.
54. Robins, J. and M. F. Wiersema (1995). 'A resource-based approach to the multibusiness firm. Empirical analysis of portfolio interrelationships and corporate financial performance', Strategic Management Journal, 16(4), pp. 277-299.
55. Romanelli, E. and M. L. Tushman (1994). 'Organizational transformation as punctuated equilibrium: An empirical test,' Academy of Management Journal, 37, pp. 1141-1166.
56. Roquebert, J. A., R. L. Phillips and P. A. Westfall (1996). 'Markets vs. management: What "drives" profitability?', Strategic Management Journal, 17(8), pp. 653-664.
57. Rubin, P. (1973). 'The expansion of firms', Journal of Political Economy, 81(4), pp. 936-949.
58. Rumelt, R. P. (1974). Strategy, Structure, and Economic Performance. Harvard Graduate School of Business Administration, Division of Research, Boston, MA.
59. Rumelt, R. P. (1984). 'Toward a strategic theory of the firm.' In R. Lamb (ed.), Competitive Strategic Management. Prentice-Hall, Englewood Cliffs, NJ, pp. 556-570.
60. St. John, C. H. and L. W. Rue (1991). 'Coordinating mechanisms, marketing and manufacturing consensus, and marketplace performance', Strategic Management Journal, 12(7), pp. 549-555.
61. Scherer, F. M. (1979). 'Segmental financial reporting; Needs and trade-offs', In H. J. Goldschmid, (ed.), Business Disclosure: Government's Need to Know. McGraw-Hill, New York, pp. 3-57.
62. Scherer, F. M. (1982). 'Intra-industry technology flows in the U.S.', Research Policy, 11, pp. 227-245.
63. Seth, A. (1990). 'Value creation in acquisition: A reexamination of performance issues', Strategic Management Journal, 11(2), pp. 99-115.
64. Shelton, L. M. (1988). 'Strategic business fits and corporate acquisition: Empirical evidence', Strategic Management Journal, 9(3), pp. 279-287.
65. Slusky, A. R. and R. E. Caves (1991). 'Synergy, agency and the determinants of premia paid in mergers', Journal of Industrial Economics, 39(3), pp. 277-296.
66. St. John, C. H. and L. W. Rue (1991). 'Coordinating mechanisms, marketing and manufacturing consensus, and marketplace performance', Strategic Management Journal, 12(7), pp. 549-555.
67. Stewart, J. F., R. F. Harris and W. T. Carleton (1984). 'The role of market structure in merger behavior', Journal of Industrial Economics, 32, pp. 293-312.
68. Teece, D. J. (1980). 'Economics of scope and the scope of the enterprise', Journal of Economic Behavior and Organization, 1, pp. 223-247.
69. Yin, R. (1989). Case Study Research: Design and Methods. Sage, Beverly Hills, CA.