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Corporate Governance and the Timeliness of Change: Reorientation in 100 American Firms
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Bibliographic Detail
Publisher Praeger Pub Text
Publication date August 1, 1998
Pages 156
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9781567200874
ISBN-10 1567200877
Dimensions 0.75 by 6.50 by 9.75 in.
Weight 1 lbs.
Original list price $113.00
Summaries and Reviews
Amazon.com description: Product Description:

The ability to implement change quickly is crucial to an organizations's success―not only in traditionally sedate industries, but also in today's fast-moving hi-tech ones. Sherman and Chaganti, from their study of 100 American corporations, half in stable industries, half in volatile ones, find that a firm's structure of governance bears heavily on the speed with which the firm can reorient itself. What are the characteristics of firms that change quickly? What inhibits others? And what, precisely, is the impact of a firm's stockholders, board and top management on its ability to adapt? Sherman and Chaganti provide answers to these and other questions, in the first book yet to focus entirely on the determinants of time in corporate reorientations.

In order for a firm to develop or sustain a competitive advantage, it must not only adapt correctly to environmental change, but also adapt quickly. This study examines the factors associated with the time a firm takes to initiate reorientation. The results of the research indicate that even in relatively large organizations, reorientations are not rare and occur routinely. Further, deterioration of a firm's financial condition tends to hasten its initiation of reorientation. However, the determinants of time taken to initiate reorientation differ in firms with relatively high prior performance and firms with relatively low prior performance.



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Hardcover
Book cover for 9781567200874
 
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from Praeger Pub Text (August 1, 1998)
9781567200874 | details & prices | 156 pages | 6.50 × 9.75 × 0.75 in. | 1.00 lbs | List price $113.00
About: The ability to implement change quickly is crucial to an organizations's success―not only in traditionally sedate industries, but also in today's fast-moving hi-tech ones.
With Jeff Burlingame, Baker, Taylor, Inc Informata (other contributor) | (June 1, 1998)
9780313007835 | details & prices | 156 pages | List price N/A

This edition also contains Soccer Star Kaka

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