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| Author: | Haveman, H. A. Russo, M. V. Meyer, A. D. |
| Title: | Organizational Environments in Flux: The Impact of Regulatory Punctuations on Organizational Domains, CEO Succession, and Performance |
| Journal: | Organization Science
2001 : MAY-JUN, VOL. 12:3, p. 253-273 |
| Index terms: | DEREGULATION ORGANIZATIONAL CHANGE ORGANIZATIONAL PERFORMANCE |
| Language: | eng |
| Abstract: | The authors focus on one form of punctuation, major regulatory change, and study firms in two industries: general hospitals and savings and loan associations. For organizations in both industries, they examine three important outcomes: shifts in organizational domain, CEO succession, and changes in financial performance. Their analyses show that punctuational regulatory change prompts shifts in organizational domains and executive leadership. Additionally, post-punctuation domain change and post-punctuation CEO succession both affect subsequent performance. The authors discuss their results in light of current thinking about the content and process effects of core organizational change, which has been developed in the context of stable environments. |
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