000			01731naa a2200193uu 4500
001			0042614352337
003			OSt
005			20190211171212.0
008			100426s2009 xx ||||gr |0|| 0 eng d
100	1		_aWAN, William P. _939665
245	1	0	_aFrom crisis to opportunity : _benvironmental jolt, corporate acquisitions, and firms performance
260			_aBognor Regis : _bWiley-Blackwell, _cJuly 2009
520	3		_aThis study incorporates the external environmental context into the study of corporate acquisitions by examining the performance implications of corporate acquisitions during an environmental jolt that alters the levels of environmental munificence. We posit that compared to the periods before and after an environmental jolt, corporate acquisitions during a jolt would be positively related to firm performance. Furthermore, we suggest that organizational slack would improve firm performance and accentuate the positive relationship between corporate acquisitions and firm performance during an environmental jolt; however, it would have negative impact on firm performance and make the acquisition-performance relationship more negative before and after a jolt. Using the Asian Economic Crisis as a natural experiment, we found general support for our core arguments based on a sample of firms from Hong Kong and Singapore. Our work demonstrates that firms can capitalize on the opportunities created by the changes in an environmental jolt.
700	1		_aYIU, Daphne W. _939666
773	0	8	_tStrategic Management Journal _g30, 7, p. 791-801 _dBognor Regis : Wiley-Blackwell, July 2009 _xISSN 01432095 _w
942			_cS
998			_a20100426 _b1435^b _cDaiane
998			_a20100428 _b1703^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c32586 _d32586
041			_aeng