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Author:Xiao Li, S.
Rowley, T.J.
Title:Inertia and evaluation mechanisms in interorganizational partner selection: syndicate formation among U.S. investment banks
Journal:Academy of Management Journal
2002 : DEC, VOL. 45:6, p. 1104-1119
Index terms:Evaluation
Interorganizational relations
Investment banks
USA
Freeterms:Inertia
Language:eng
Abstract:Past studies have consistently shown that firms favor past partners when forming new alliances. This behavior has been associated with a need to have knowledge of potential partners' capabilities and reliability. The authors consider inertia as an alternative rationale. Inertia and evaluation factors were tested in the context of underwriting syndicate formations in the U.S. investment banking industry.
SCIMA record nr: 245540
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