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Tekijä: | Xiao Li, S. Rowley, T.J. |
Otsikko: | Inertia and evaluation mechanisms in interorganizational partner selection: syndicate formation among U.S. investment banks |
Lehti: | Academy of Management Journal
2002 : DEC, VOL. 45:6, p. 1104-1119 |
Asiasana: | Evaluation Interorganizational relations Investment banks USA |
Vapaa asiasana: | Inertia |
Kieli: | eng |
Tiivistelmä: | 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. |
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