메뉴 건너뛰기




Volumn 10, Issue 2, 1999, Pages 119-133

When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power

Author keywords

Bargaining Power; Knowledge Based Assets; Rent Appropriation; Resource Based View

Indexed keywords


EID: 0033414887     PISSN: 10477039     EISSN: None     Source Type: Journal    
DOI: 10.1287/orsc.10.2.119     Document Type: Article
Times cited : (809)

References (72)
  • 1
    • 0000589044 scopus 로고
    • Production, information costs, and economic organization
    • Alchian, A. A. H. Demsetz. 1972. Production, information costs, and economic organization. Amer. Econom. Rev. 62 177-795.
    • (1972) Amer. Econom. Rev. , vol.62 , pp. 177-795
    • Alchian, A.1    Demsetz, A.H.2
  • 2
    • 84989092230 scopus 로고
    • Strategic assets and organizational rent
    • Amit, R., P. J. H. Schoemaker. 1993. Strategic assets and organizational rent. Strategic Management J. 14(1) 33-46.
    • (1993) Strategic Management J. , vol.14 , Issue.1 , pp. 33-46
    • Amit, R.1    Schoemaker, P.J.H.2
  • 3
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J. B. 1991. Firm resources and sustained competitive advantage. J. Management 17 99-120.
    • (1991) J. Management , vol.17 , pp. 99-120
    • Barney, J.B.1
  • 6
    • 0000452198 scopus 로고
    • Effects of board and ownership structure on corporate R&D strategy
    • Baysinger, B. D., R. D. Kosnik, T. A. Turk. 1991. Effects of board and ownership structure on corporate R&D strategy. Acad. Management J. 34(1) 205-215.
    • (1991) Acad. Management J. , vol.34 , Issue.1 , pp. 205-215
    • Baysinger, B.D.1    Kosnik, R.D.2    Turk, T.A.3
  • 8
    • 21144481468 scopus 로고
    • Performance and successor choice: The moderating effects of governance and ownership
    • Boeker, W., J. Goodstein. 1993. Performance and successor choice: The moderating effects of governance and ownership. Acad. Management J. 36(1) 172-186.
    • (1993) Acad. Management J. , vol.36 , Issue.1 , pp. 172-186
    • Boeker, W.1    Goodstein, J.2
  • 9
    • 84989102145 scopus 로고
    • Size and relatedness of units sold: An agency theory and resource-based perspective
    • Burgh, D. D. 1995. Size and relatedness of units sold: An agency theory and resource-based perspective. Strategic Management J. 16(3) 221-239.
    • (1995) Strategic Management J. , vol.16 , Issue.3 , pp. 221-239
    • Burgh, D.D.1
  • 10
    • 84970264701 scopus 로고
    • Managerial resources and rents
    • Castanias, R. P., C. E. Helfat. 1991. Managerial resources and rents. J. Management 17(1) 155-171.
    • (1991) J. Management , vol.17 , Issue.1 , pp. 155-171
    • Castanias, R.P.1    Helfat, C.E.2
  • 11
    • 0008682487 scopus 로고
    • General human capital as a shared investment under asymmetric information
    • Chiang, S. H., S. C. Chiang. 1990. General human capital as a shared investment under asymmetric information. Canadian J. Econom. 23(1) 175-188.
    • (1990) Canadian J. Econom. , vol.23 , Issue.1 , pp. 175-188
    • Chiang, S.H.1    Chiang, S.C.2
  • 12
    • 0030215353 scopus 로고    scopus 로고
    • Executive ownership, corporate value, and executive compensation: A unifying framework
    • Chung, K. H., S. W. Pruitt. 1996. Executive ownership, corporate value, and executive compensation: A unifying framework. J. Banking and Finance 20(7) 1135-1159.
    • (1996) J. Banking and Finance , vol.20 , Issue.7 , pp. 1135-1159
    • Chung, K.H.1    Pruitt, S.W.2
  • 13
    • 0031484148 scopus 로고    scopus 로고
    • Human assets and management dilemmas: Coping with hazards on the road to resource-based theory
    • Coff, R. 1997. Human assets and management dilemmas: Coping with hazards on the road to resource-based theory. Acad. Management Rev. 22(2) 374-402.
    • (1997) Acad. Management Rev. , vol.22 , Issue.2 , pp. 374-402
    • Coff, R.1
  • 14
    • 0001022830 scopus 로고
    • Competing on resources: Strategy in the 1990s
    • Collis, D. J., C. A. Montgomery. 1995. Competing on resources: Strategy in the 1990s. Harvard Bus. Rev. (July-August) 118-128.
    • (1995) Harvard Bus. Rev. , Issue.JULY-AUGUST , pp. 118-128
    • Collis, D.J.1    Montgomery, C.A.2
  • 17
    • 0002510906 scopus 로고
    • Corporate control and management compensation: Evidence on the agency problem
    • Dyl, E. A. 1988. Corporate control and management compensation: Evidence on the agency problem. Managerial and Decision Econom. 9(1) 21-25.
    • (1988) Managerial and Decision Econom. , vol.9 , Issue.1 , pp. 21-25
    • Dyl, E.A.1
  • 18
    • 85034538765 scopus 로고    scopus 로고
    • Methodological challenges facing the resource-based view of the firm
    • MA (August 11)
    • Eisenhardt, K. M. 1997. Methodological challenges facing the resource-based view of the firm. Presented at the annual Academy of Management meeting in Boston, MA (August 11).
    • (1997) Annual Academy of Management Meeting in Boston
    • Eisenhardt, K.M.1
  • 19
    • 0346961800 scopus 로고
    • Bargaining units and bargaining power
    • Forrest, A. 1986. Bargaining units and bargaining power. Indust. Relations 39(2) 840-850.
    • (1986) Indust. Relations , vol.39 , Issue.2 , pp. 840-850
    • Forrest, A.1
  • 21
    • 0002120265 scopus 로고
    • Managerial control, performance, and executive compensation
    • Gomez-Mejia, L. R., H. Tosi, T. Hinkin. 1987. Managerial control, performance, and executive compensation. Acad. Management J. 30(1) 51-70.
    • (1987) Acad. Management J. , vol.30 , Issue.1 , pp. 51-70
    • Gomez-Mejia, L.R.1    Tosi, H.2    Hinkin, T.3
  • 23
    • 0030505108 scopus 로고    scopus 로고
    • Prospering in dynamically-competitive environments: Organizational capability as knowledge integration
    • _. 1996. Prospering in dynamically-competitive environments: Organizational capability as knowledge integration. Organ. Sci. 7(4) 375-387.
    • (1996) Organ. Sci. , vol.7 , Issue.4 , pp. 375-387
  • 24
    • 84989103838 scopus 로고
    • A framework linking intangible resources and capabilities to sustainable competitive advantage
    • Hall, R. 1993. A framework linking intangible resources and capabilities to sustainable competitive advantage. Strategic Management J. 14(8) 607-618.
    • (1993) Strategic Management J. , vol.14 , Issue.8 , pp. 607-618
    • Hall, R.1
  • 25
    • 85034544735 scopus 로고
    • Industry soothsayers wonder: How long will Lou woo Jim?
    • Hayes, L. 1995. Industry soothsayers wonder: How long will Lou woo Jim? The Wall Street Journal June 13 A1.
    • (1995) The Wall Street Journal , vol.13 JUNE
    • Hayes, L.1
  • 26
    • 0031094431 scopus 로고    scopus 로고
    • Explaining premiums paid for large acquisitions: Evidence of CEO hubris
    • Hayward, M. L., D. C. Hambrick. 1997. Explaining premiums paid for large acquisitions: Evidence of CEO hubris. Administrative Sci. Quart. 42(1) 103-127.
    • (1997) Administrative Sci. Quart. , vol.42 , Issue.1 , pp. 103-127
    • Hayward, M.L.1    Hambrick, D.C.2
  • 27
    • 0030305326 scopus 로고    scopus 로고
    • Information processing demands as a determinant of CEO compensation
    • Henderson, A. D., J. W. Fredrickson. 1996. Information processing demands as a determinant of CEO compensation. Acad. Management J. 39(3) 575-606.
    • (1996) Acad. Management J. , vol.39 , Issue.3 , pp. 575-606
    • Henderson, A.D.1    Fredrickson, J.W.2
  • 31
    • 84989056578 scopus 로고
    • The persistence of abnormal returns
    • Jacobsen, R. 1988. The persistence of abnormal returns. Strategic Management J. 9(1) 41-58.
    • (1988) Strategic Management J. , vol.9 , Issue.1 , pp. 41-58
    • Jacobsen, R.1
  • 32
    • 0001900756 scopus 로고
    • Takeovers: Their Causes and Consequences
    • Jensen, M. C. 1988. Takeovers: Their Causes and Consequences, J. Econom Perspectives 2(1) 21-48.
    • (1988) J. Econom Perspectives , vol.2 , Issue.1 , pp. 21-48
    • Jensen, M.C.1
  • 33
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • _. W. H. Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. J. Financial Econom. 3 305-360.
    • (1976) J. Financial Econom. , vol.3 , pp. 305-360
    • Meckling, W.H.1
  • 34
    • 0000827401 scopus 로고
    • Vertical integration, appropriable rents, and the competitive contracting process
    • Klein, B., R. Crawford, A. Alchian. 1978. Vertical integration, appropriable rents, and the competitive contracting process. J. Law Econom. Organ. 21 297-326.
    • (1978) J. Law Econom. Organ. , vol.21 , pp. 297-326
    • Klein, B.1    Crawford, R.2    Alchian, A.3
  • 35
    • 84928450343 scopus 로고
    • A conceptualization of collective bargaining power
    • Leap, T. L., D. W. Grigsby. 1986. A conceptualization of collective bargaining power. Industr. Labor Relations Rev. 39(2) 202-213.
    • (1986) Industr. Labor Relations Rev. , vol.39 , Issue.2 , pp. 202-213
    • Leap, T.L.1    Grigsby, D.W.2
  • 36
    • 84986746863 scopus 로고
    • Ownership structure and board composition: A multi country test of agency theory predictions
    • Li, J. 1994. Ownership structure and board composition: A multi country test of agency theory predictions. Managerial and Decision Econom. 15(4) 359-368.
    • (1994) Managerial and Decision Econom. , vol.15 , Issue.4 , pp. 359-368
    • Li, J.1
  • 37
    • 0000482046 scopus 로고
    • Uncertain imitability: An analysis of interfirm differences in efficiency under competition
    • Lippman, S. A., R. P. Rumelt. 1982. Uncertain imitability: An analysis of interfirm differences in efficiency under competition. Bell J. Econom. 13 418-438.
    • (1982) Bell J. Econom. , vol.13 , pp. 418-438
    • Lippman, S.A.1    Rumelt, R.P.2
  • 38
    • 85034536239 scopus 로고    scopus 로고
    • Microsoft and its two constituencies
    • Lowenstein, R. 1997. Microsoft and its two constituencies. The Wall Street Journal December 4 C1.
    • (1997) The Wall Street Journal , vol.4 DECEMBER
    • Lowenstein, R.1
  • 39
    • 84986734651 scopus 로고
    • Bargaining power and the structure of salaries in major league baseball
    • Marburger, D. R. 1994. Bargaining power and the structure of salaries in major league baseball. Managerial and Decision Econom. 15(5) 433-441.
    • (1994) Managerial and Decision Econom. , vol.15 , Issue.5 , pp. 433-441
    • Marburger, D.R.1
  • 40
    • 0000207706 scopus 로고
    • Executive compensation structure, ownership, and firm performance
    • Mehran, H. 1995. Executive compensation structure, ownership, and firm performance. J. of Financial Econom. 38(2) 163-184.
    • (1995) J. of Financial Econom. , vol.38 , Issue.2 , pp. 163-184
    • Mehran, H.1
  • 41
    • 84934561547 scopus 로고
    • An economic approach to influence activities in organizations
    • Milgrom, P, and Roberts, J. 1988. An economic approach to influence activities in organizations. Amer. J. Soc. 94(S) S154-S179.
    • (1988) Amer. J. Soc. , vol.94 , Issue.S
    • Milgrom, P.1    Roberts, J.2
  • 43
    • 84928447963 scopus 로고
    • The structural determinants of union bargaining power
    • Mishel, L. 1986. The structural determinants of union bargaining power. Indust. Labor Relations Rev. 40(1) 90-104.
    • (1986) Indust. Labor Relations Rev. , vol.40 , Issue.1 , pp. 90-104
    • Mishel, L.1
  • 44
    • 0003303182 scopus 로고
    • Characteristics of targets of hostile and friendly takeovers
    • Alan Auerbach (Ed.) University of Chicago Press, Chicago
    • Morck, R., A. Shleifer, R. Vishny. 1988. Characteristics of targets of hostile and friendly takeovers. In Alan Auerbach (Ed.) Corporate Takeovers: Causes and Consequences, University of Chicago Press, Chicago.
    • (1988) Corporate Takeovers: Causes and Consequences
    • Morck, R.1    Shleifer, A.2    Vishny, R.3
  • 45
    • 0000799491 scopus 로고    scopus 로고
    • Stock options are not a free lunch
    • May 18
    • Morgenson, G. 1998. Stock options are not a free lunch. Forbes May 18.
    • (1998) Forbes
    • Morgenson, G.1
  • 46
    • 0031533717 scopus 로고    scopus 로고
    • Strategy making under causal ambiguity: Conceptual issues and empirical evidence
    • Mosakowski, E. 1997. Strategy making under causal ambiguity: Conceptual issues and empirical evidence. Organ. Sci. 8(4) 414-442.
    • (1997) Organ. Sci. , vol.8 , Issue.4 , pp. 414-442
    • Mosakowski, E.1
  • 47
    • 0347463772 scopus 로고
    • Union bargaining power in the coal industry, 1945-1981
    • Navarro, P. 1983. Union bargaining power in the coal industry, 1945-1981. Indust. Labor Relations Rev. 36(2) 214-229.
    • (1983) Indust. Labor Relations Rev. , vol.36 , Issue.2 , pp. 214-229
    • Navarro, P.1
  • 48
    • 85034540748 scopus 로고    scopus 로고
    • Some friends more equal
    • The New York Times. 1996. Some friends more equal. July 17 C14.
    • (1996) The New York Times , vol.17 JULY
  • 49
    • 0000456854 scopus 로고
    • Markets, bureaucracies, and clans
    • Ouchi, W. G. 1980. Markets, bureaucracies, and clans, Administrative Sci. Quart. 25 129-141.
    • (1980) Administrative Sci. Quart. , vol.25 , pp. 129-141
    • Ouchi, W.G.1
  • 50
    • 84989113324 scopus 로고
    • The cornerstones of competitive advantage: A resource-based view
    • Peteraf, M. 1993. The cornerstones of competitive advantage: A resource-based view. Strategic Management J 14(3) 179-191.
    • (1993) Strategic Management J , vol.14 , Issue.3 , pp. 179-191
    • Peteraf, M.1
  • 51
    • 0004246770 scopus 로고
    • Pitman Publishing Company, Marshfield, MA
    • Pfeffer, J. 1981. Power in Organizations. Pitman Publishing Company, Marshfield, MA.
    • (1981) Power in Organizations
    • Pfeffer, J.1
  • 53
    • 0003106484 scopus 로고
    • The core competence of the corporation
    • Prahalad, C. K., G. Hamel. 1990. The core competence of the corporation. Harvard Bus. Rev. May-June 79-91.
    • (1990) Harvard Bus. Rev. , vol.MAY-JUNE , pp. 79-91
    • Prahalad, C.K.1    Hamel, G.2
  • 54
    • 0002070419 scopus 로고
    • Causal ambiguity, barriers to imitation, and sustainable competitive advantage
    • Reed, R., R. J. DeFillippi. 1990. Causal ambiguity, barriers to imitation, and sustainable competitive advantage. Acad. Management Rev. 15(1) 88-102.
    • (1990) Acad. Management Rev. , vol.15 , Issue.1 , pp. 88-102
    • Reed, R.1    DeFillippi, R.J.2
  • 55
    • 0039827167 scopus 로고
    • Effects of ownership structure, firm performance, size, and diversification strategy on CEO compensation
    • Riahi-Belkaoui, A., E. Pavlik. 1993. Effects of ownership structure, firm performance, size, and diversification strategy on CEO compensation. Managerial Finance 9(2) 33-54.
    • (1993) Managerial Finance , vol.9 , Issue.2 , pp. 33-54
    • Riahi-Belkaoui, A.1    Pavlik, E.2
  • 58
    • 0002054507 scopus 로고
    • Breach of trust in hostile takeovers
    • Alan Auerbach (Ed.), University of Chicago Press, Chicago
    • Shleifer, A., L. H. Summers. 1988. Breach of trust in hostile takeovers. In Alan Auerbach (Ed.), Corporate Takeovers: Causes and Consequences. University of Chicago Press, Chicago.
    • (1988) Corporate Takeovers: Causes and Consequences
    • Shleifer, A.1    Summers, L.H.2
  • 60
    • 0039120739 scopus 로고    scopus 로고
    • Shareholder activism by institutional investors: Evidence from CalPERS
    • Smith, M. P. 1996. Shareholder activism by institutional investors: Evidence from CalPERS. J Finance 51(1) 227-252.
    • (1996) J Finance , vol.51 , Issue.1 , pp. 227-252
    • Smith, M.P.1
  • 61
    • 0003351079 scopus 로고
    • Capturing value from technological innovation: Integration, strategic partnering, and licensing decisions
    • Teece, D. 1988. Capturing value from technological innovation: Integration, strategic partnering, and licensing decisions. Interfaces 18(3) 46-61.
    • (1988) Interfaces , vol.18 , Issue.3 , pp. 46-61
    • Teece, D.1
  • 62
    • 0342775775 scopus 로고    scopus 로고
    • Dynamic capabilities and strategic management
    • Teece, D., G. Pisano, A. Shuen. 1997. Dynamic capabilities and strategic management, Strategic Management J. 18(7) 509-533.
    • (1997) Strategic Management J. , vol.18 , Issue.7 , pp. 509-533
    • Teece, D.1    Pisano, G.2    Shuen, A.3
  • 64
    • 84935413021 scopus 로고
    • The decoupling of CEO pay and performance: An agency theory perspective
    • Tosi, H. L., L. R. Gomez-Mejia. 1989. The decoupling of CEO pay and performance: An agency theory perspective. Admin. Sci. Quart. 34(2) 169-189.
    • (1989) Admin. Sci. Quart. , vol.34 , Issue.2 , pp. 169-189
    • Tosi, H.L.1    Gomez-Mejia, L.R.2
  • 66
    • 33845790377 scopus 로고
    • Outside directors and CEO turnover
    • Weisbach, M. S. 1988. Outside directors and CEO turnover. J. of Financial Econom. 20(1) 431-460.
    • (1988) J. of Financial Econom. , vol.20 , Issue.1 , pp. 431-460
    • Weisbach, M.S.1
  • 67
    • 84989133012 scopus 로고
    • A resource-based view of the firm
    • Wernerfelt, B. 1984. A resource-based view of the firm. Strategic Management J. 5 171-180.
    • (1984) Strategic Management J. , vol.5 , pp. 171-180
    • Wernerfelt, B.1
  • 69
    • 0030115106 scopus 로고    scopus 로고
    • Impact of corporate insider, blockholder, and institutional equity ownership on firm risk taking
    • Wright, P., S. P. Ferris, A. Sarin, V. Awasthi. 1996. Impact of corporate insider, blockholder, and institutional equity ownership on firm risk taking. Acad. Management J. 39(2) 441-463.
    • (1996) Acad. Management J. , vol.39 , Issue.2 , pp. 441-463
    • Wright, P.1    Ferris, S.P.2    Sarin, A.3    Awasthi, V.4
  • 70
    • 0030300582 scopus 로고    scopus 로고
    • Governance, ownership, and corporate entrepreneurship: The moderating impact of industry technological opportunities
    • Zahra, S. 1996. Governance, ownership, and corporate entrepreneurship: The moderating impact of industry technological opportunities. Acad. Management J. 39(6) 1713-1735.
    • (1996) Acad. Management J. , vol.39 , Issue.6 , pp. 1713-1735
    • Zahra, S.1
  • 71
    • 0030306776 scopus 로고    scopus 로고
    • Who shall succeed? How CEO/ board preferences and power affect the choice of new CEOs
    • Zajac, E. J., J. D. Westphal. 1996a. Who shall succeed? How CEO/ board preferences and power affect the choice of new CEOs. Acad. Management J. 39(1) 64-90.
    • (1996) Acad. Management J. , vol.39 , Issue.1 , pp. 64-90
    • Zajac, E.J.1    Westphal, J.D.2
  • 72
    • 0030243417 scopus 로고    scopus 로고
    • Director reputation, CEO-board power, and the dynamics of board interlocks
    • _. 1996b. Director reputation, CEO-board power, and the dynamics of board interlocks. Admin. Sci. Quart. 41(3) 507-529.
    • (1996) Admin. Sci. Quart. , vol.41 , Issue.3 , pp. 507-529


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.