Can the Survivor Principle Survive Diversification?
References
- (1950) Uncertainty, evolution, and economic theory. J. Political Econom. 58(3):211–221.Crossref, Google Scholar
- (1985) The salesperson as outside agent or employee: A transaction cost analysis. Marketing Sci. 4(3):234–254.Link, Google Scholar
- (2007) Does transaction misalignment matter for firm survival at all stages of the industry life cycle? Management Sci. 53(8):1332–1344.Link, Google Scholar
- (1951) Relation of profit rate to industry concentration: American manufacturing, 1936–1940. Quart. J. Econom. 65(3):293–324.Crossref, Google Scholar
- (1956) Barriers to New Competition: Their Character and Consequences in Manufacturing Industries (Harvard University Press, Cambridge, MA).Crossref, Google Scholar
- (1993) Strategic deterrence among multipoint competitors. Indust. Corporate Change 2(1):249–278.Crossref, Google Scholar
- (1994) An evolutionary model of organizational performance. Strategic Management J. 15(S1):11–28.Crossref, Google Scholar
- (1986) Strategic factor markets: Expectations, luck, and business strategy. Management Sci. 32(10):1230–1241.Link, Google Scholar
- (1999) The rise of chain nursing homes in Ontario. Soc. Forces 78(2):543–584.Crossref, Google Scholar
- (1996) Competitive dynamics of interfirm rivalry. Acad. Management J. 39(2):255–291.Crossref, Google Scholar
- (1999) Dynamics of dyadic competitive interaction. Acad. Management J. 20(3):251–278.Google Scholar
- (1985) The validity of profits–structure with particular reference to the FTC’s line of business data. Amer. Econom. Rev. 75(1):37–67.Google Scholar
- (1990) Reversing corporate diversification. J. Appl. Corporate Finance 3(2):70–81.Crossref, Google Scholar
- (1980) The Methodology of Economics, or How Economists Explain (Cambridge University Press, Cambridge, UK).Google Scholar
- (1979) Critique of Friedman critics. J. Econom. Literature 17(2):503–522.Google Scholar
- (1980) A critique of Friedman’s methodological instrumentalism. Southern Econom. J. 47(2):366–374.Crossref, Google Scholar
- (2006) The impact of empirical tests of transaction cost economics on the debate on the nature of the firm. Strategic Management J. 27(5):461–476.Crossref, Google Scholar
- (1991) The link between resources and type of diversification: Theory and evidence. Strategic Management J. 12(1):33–48.Crossref, Google Scholar
- (2004) A systematic assessment of the empirical support for transaction cost economics. Strategic Management J. 25(1):39–58.Crossref, Google Scholar
- (1994) The decline and fall of the conglomerate firm in the 1980s: The deinstitutionalization of an organizational form. Amer. Sociol. Rev. 59(4):547–570.Crossref, Google Scholar
- (1989) Asset stock accumulation and sustainability of competitive advantage. Management Sci. 35(12):1504–1511.Link, Google Scholar
- (1983) The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. Amer. Sociol. Rev. 48(2):147–160.Crossref, Google Scholar
- (1991) The New Institutionalism in Organizational Analysis (University of Chicago Press, Chicago).Google Scholar
- (1987) The function of authority in transaction cost economics. J. Econom. Behav. Organ. 8(1):13–38.Crossref, Google Scholar
- (1955) Conglomerate bigness as a source of power. National Bureau of Economic Research, ed. Business Concentration and Economic Policy (Princeton University Press, Princeton, NJ), 329–358.Google Scholar
- (1985) Control: Organizational and economic approaches. Management Sci. 31(2):134–149.Link, Google Scholar
- (1989) Nuts and Bolts for the Social Sciences (Cambridge University Press, New York).Crossref, Google Scholar
- (1994) Living by the “golden rule”—Multimarket contact in the United States airline industry. Quart. J. Econom. 109(2):341–366.Crossref, Google Scholar
- (1994) Beyond industry boundaries: Human expertise, diversification and resource-related industry groups. Organ. Sci. 5(2):185–199.Link, Google Scholar
- (1985) Sales-at-risk—A test of the mutual forbearance theory of conglomerate behavior. J. Bus. 58(2):225–241.Crossref, Google Scholar
- (1983) On the misuse of accounting rates of return to infer monopoly profits. Amer. Econom. Rev. 73(1):82–97.Google Scholar
- (1991) The structural transformation of American industry: The causes of diversification in the largest firms, 1919–1979. , Powell WW, DiMaggio PJ, eds. The New Institutionalism in Organizational Analysis (University of Chicago Press, Chicago), 311–336.Google Scholar
- (1953) The Methodology of Positive Economics (Essays in Positive Economics) (University of Chicago Press, Chicago).Google Scholar
- (1971) Market share and rate of return. Rev. Econom. Statist. 54(4):412–423.Crossref, Google Scholar
- (1996) Bad for practice: A critique of the transaction cost theory. Acad. Management Rev. 21(1):13–47.Crossref, Google Scholar
- (1999) Reciprocal threats in multimarket rivalry: Staking out “spheres of influence” in the US airline industry. Strategic Management J. 20(2):101–128.Crossref, Google Scholar
- (2001) Multimarket contact: Meaning and measurement at multiple levels of analysis. , Baum JAC, Greve HR, eds. Multiunit Organization and Multimarket Strategy (Advances in Strategic Management, Vol. 18) (Elsevier, Oxford, UK), 357–408.Crossref, Google Scholar
- (1996) Hypercompetition in a multimarket environment: The role of strategic similarity and multimarket contact in competitive de-escalation. Organ. Sci. 7(3):322–341.Link, Google Scholar
- (1994) Corporate-Level Strategy: Creating Value in the Multibusiness Company (John Wiley & Sons, New York).Google Scholar
- (1993) Follow the leader: Mimetic isomorphism and entry into new markets. Admin. Sci. Quart. 38(4):593–627.Crossref, Google Scholar
- (1993) Economics and Evolution: Bringing Life Back into Economics (University of Chicago Press, Chicago).Crossref, Google Scholar
- (1990) Antecedents and performance outcomes of diversification: A review and critique of theoretical perspectives. J. Management 16(2):461–509.Crossref, Google Scholar
- (1985) Multiple point competition. Strategic Management J. 6(1):87–96.Crossref, Google Scholar
- (2001) Were the acquisitive conglomerates inefficient? RAND J. Econom. 32(4):745–761.Crossref, Google Scholar
- (2005) The make-or-buy decision: Lessons from empirical studies. , Ménard C, Shirley M, eds. Handbook of New Institutional Economics (Springer, New York), 435–464.Crossref, Google Scholar
- (2009) Diversification, industry structure, and firm strategy: An organizational economics perspective. , Jackson AN, Silverman BS, eds. Economic Institutions of Strategy (Advances in Strategic Management, Vol. 26) (Emerald Group Publishing, Bingley, UK), 289–312.Crossref, Google Scholar
- (1946) Shortcomings of marginal analysis for wage–employment problems. Amer. Econom. Rev. 36(1):63–82.Google Scholar
- (2009) The determinants of industry concentration: To new empirical regularities. Managerial Decision Econom. 30(4):503–511.Crossref, Google Scholar
- (2009) Using competition to measure relatedness. J. Management 35(4):1078–1107.Crossref, Google Scholar
- (2004) The origins of strategic practice: Product diversification in the American mutual fund industry. Strategic Organ. 2(1):65–90.Crossref, Google Scholar
- (2008) Transaction cost economics: An assessment of empirical research in the social sciences. Bus. Policy 10(1):1–63.Crossref, Google Scholar
- (1994) Reorienting the assumptions issue. , Backhouse R, ed. New Directions in Economic Methodology (Routledge, London), 236–256.Crossref, Google Scholar
- (2007) Vive la résistance: Competing logics in the consolidation of community banking. Acad. Management J. 50(4):799–820.Crossref, Google Scholar
- (1991) The costs of organization. J. Law, Econom., Organ. 7(1):1–25.Google Scholar
- (1977) Institutionalized organizations: Formal structure as myth and ceremony. Amer. J. Sociol. 83(2):340–363.Crossref, Google Scholar
- (1985) Product-market diversification and market power. Acad. Management J. 28(4):789–798.Crossref, Google Scholar
- (1991) Diversified expansion by large established firms. J. Econom. Behav. Organ. 15(1):71–89.Crossref, Google Scholar
- (1981) Unreal assumptions in economic theory: The F-twist untwisted. Kyklos 34(3):377–387.Crossref, Google Scholar
- (1982) An Evolutionary Theory of Economic Change (Harvard University Press, Cambridge, MA).Google Scholar
- (1952) Biological analogies in the theory of the firm. Amer. Econom. Rev. 42(5):804–819.Google Scholar
- (2001) Middle-status conformity: Theoretical restatement and empirical demonstration in two markets. Amer. J. Sociol. 107(2):379–429.Crossref, Google Scholar
- (1996) Market regulation and multimarket rivalry. RAND J. Econom. 27(3):596–617.Crossref, Google Scholar
- (1980) Competitive Strategy (Free Press, New York).Google Scholar
- (1986) The dominant logic: A new linkage between diversity and performance. Strategic Management J. 7(6):485–501.Crossref, Google Scholar
- (1999) The provision of incentives in firms. J. Econom. Literature 37(1):7–63.Crossref, Google Scholar
- (1989) Research on corporate diversification: A synthesis. Strategic Management J. 10(6):523–551.Crossref, Google Scholar
- (1995) A resource-based approach to the multibusiness firm: Empirical analysis of portfolio interrelationships and corporate financial performance. Strategic Management J. 16(4):277–299.Crossref, Google Scholar
- (1974) Strategy, Structure, and Economic Performance (Harvard University Press, Cambridge, MA).Google Scholar
- (1989) Inter-industry studies of structure and performance. , Schmalensee R, Willig RD, eds. Handbook of Industrial Organization, 2 (North-Holland, New York), 951–1010.Google Scholar
- (1995) Institutions and Organizations (Sage, Thousand Oaks, CA).Google Scholar
- (1995) Empirical research in transaction cost economics: A review and assessment. J. Law, Econom., Organ. 11(2):335–361.Google Scholar
- (1972) The elements of market structure. Rev. Econom. Statist. 54(1):25–37.Crossref, Google Scholar
- (1991) Takeovers in the ’60s and the ’80s: Evidence and implications. Strategic Management J. 12(S2):51–59.Crossref, Google Scholar
- (1999) Technological resources and the direction of corporate diversification: Toward an integration of the resource-based view and transaction cost economics. Management Sci. 45(8):1109–1124.Link, Google Scholar
- (1947) Administrative Behavior; A Study of Decision-Making Processes in Administrative Organization (Macmillan, New York).Google Scholar
- (1986) Organizational legitimacy and the liability of newness. Admin. Sci. Quart. 31(2):171–193.Crossref, Google Scholar
- (2008) Imitation under uncertainty: Venture capital investments in new geographic markets. Working paper, Simon Fraser University, Burnaby, BC, Canada.Google Scholar
- (1968) The Organization of Industry (R.D. Irwin, Homewood, IL).Google Scholar
- (1994) Understanding corporate coherence: Theory and evidence. J. Econom. Behav. Organ. 23(1):1–30.Crossref, Google Scholar
- (1993) The Trinet large establishment data. Working paper, Anderson Graduate School of Management, University of California, Los Angeles, Los Angeles.Google Scholar
- (1975) The concentration–profits relationship and antitrust. , Goldschmidt HJ, Mann HM, Weston JF, eds. Industrial Concentration: The New Learning (Little Brown, Boston), 184–233.Google Scholar
- (1984) A resource-based view of the firm. Strategic Management J. 5(2):171–180.Crossref, Google Scholar
- (1975) Markets and Hierarchies, Analysis and Antitrust Implications (Free Press, New York).Google Scholar
- (1985) The Economic Institutions of Capitalism (Free Press, New York).Google Scholar
- (1988) Economics and sociology. , Farkas G, England P, eds. Industries, Firms, and Jobs (Plenum Press, New York), 159–186.Crossref, Google Scholar
- (1964) Economic natural selection and the theory of the firm. Yale Econom. Essays 4(1):225–273.Google Scholar
- (1971) Satisficing, selection, and innovating remnant. Quart. J. Econom. 85(2):237–261.Crossref, Google Scholar
- (2000) Determinants of incentive intensity in group-based rewards. Acad. Management J. 43(2):149–163.Crossref, Google Scholar
- (1987) Institutional theories of organization. Annual Rev. Sociol. 13:443–464.Crossref, Google Scholar
- (1999) The categorical imperative: Securities analysts and the illegitimacy discount. Amer. J. Sociol. 104(5):1398–1438.Crossref, Google Scholar
- (2000) Focusing the corporate product: Securities analysts and de-diversification. Admin. Sci. Quart. 45(3):591–619.Crossref, Google Scholar

