000			02065naa a2200193uu 4500
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003			OSt
005			20190211173829.0
008			101020s2003 xx ||||gr |0|| 0 eng d
100	1		_aNICKERSON, Jack A. _936112
245	1	0	_aWhy firms want to organize efficiently and what keeps them from doing so : _badaptation in a deregulated industry
260			_aIthaca : _bJohnson Graduate School of Management, _cSeptember 2003
520	3		_aThis paper integrates content-based predictions of transaction cost economics with process-based predictions of organizational change to understand adaptation to deregulation in the for-hire trucking industry. We predict and find that firms whose governance of a core transaction is poor (according to transaction cost reasoning) will realize lower profits than their better-aligned counterparts and that these firms will attempt to adapt so as to better align their transactions. Results show that several organizational features affect the rate of adaptation: (1) firms with large investments in specialized assets adapt less readily than firms that rely on generic assets, (2) firms with unions adapt less readily than firms without unions, (3) firms that must replace employee drivers with owner-operators adapt less readily than firms that must replace owner-operators with employee drivers, and (4) entrants adapt more quickly than incumbent carriers. There is evidence of institutional isomorphism in that although carriers move systematically to reduce misalignment, they do so less assiduously when this will make their governance of drivers look less like that of nearby, similar carriers. Finally, our results indicate that firms that ultimately exited adapted more quickly than firms that survived
700	1		_aSILVERMAN, Brian S _942780
773	0	8	_tAdministrative Science Quarterly _g48, 3, p. 433-465 _dIthaca : Johnson Graduate School of Management, September 2003 _xISSN 00018392 _w
942			_cS
998			_a20101020 _b1527^b _cDaiane
998			_a20101027 _b1640^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c36990 _d36990
041			_aeng