haku: @all stability / yhteensä: 90
viite: 81 / 90
Tekijä:Vicente-Lorente, J.D.
Zúñiga-Vicente, J.Á.
Otsikko:Testing the time-variancy of explanatory factors of strategic change
Lehti:British Journal of Management
2006 : JUNE, VOL. 17:2, p. 93-114
Asiasana:change
strategy
Kieli:eng
Tiivistelmä:The authors present an empirical framework to : (1) evaluate the relative validity of both adaptive and inertial views of strategic change and (2) verify the potential time- or context-dependency by testing the structural stability of the empirical model, in Spanish banks in 1983-1997. The assumption of structural stability is rejected and the effect of many explanatory factors considered in the empirical model varies over time as some factors show different effects and/or significance levels depending on the period considered. These findings indicate that explanatory models of strategic change should be viewed as time- or context-dependant. The results emphasise, first, that inconclusive past findings about adaptive versus inertial views should be reviewed under this new evidence, and future empirical research must assure that its methods and interpretations are robust to potential structural breakdowns; and then, the limitations raised by the static approach offered by the available theories/models when approaching the dynamic and complex nature of strategic change.
SCIMA tietueen numero: 261498
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