Profitability, Transactional Alignment, and Organizational Mortality in The U. S. Trucking Industry  

Oleh:

Silverman, Brian S. ; Nickerson, Jack A. ; Freeman, John

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 18 no. 7 (1997), page 31-52.
Topik: MORTALITY; organizational mortality; transactional alignment; regulatory chnage; trucking

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

The winds of creative destruction rarely blow more fiercely than in a newly deregulated environment. Managers simultaneously face a novel focus on operating efficiency and an on slaught of new competitors. What must managers do to enable their firms to survive in such an environment ? What factor bear on firms' survival ? This paper presents an analysis of mortality of large motor carriers in the U. S. interstate for - hire trucking industry after deregulation. It examines this phenomenon through a multi - disciplinary lens that encompasses organizational ecology, neoclassical economics and transaction cost economics. The paper posits that carrier mortality is a function of both firm - level and industry - level attributes, which are drawn from both ecological and economic theories. While each of these theorie separately informs motor carrier mortality, the inclusion of predictions derived from both disciplines in one model significantly increases explanatory power over either theory evaluated alone. The empirical analysis is among the first to show increased mortality when firms do not adhere to operating policies consistent with transaction cost minimization principles. In sum, managers are well advised to adopt a multidisciplinary approach to strategy to ensure their firms' survival.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali