000			01830naa a2200193uu 4500
001			0102015394837
003			OSt
005			20190211173834.0
008			101020s2003 xx ||||gr |0|| 0 eng d
100	1		_aMCDONALD, Michael L. _936092
245	1	0	_aGetting by with the advice of their friends : _bCEO's advice networkd and firms' strategic responses to poor performance
260			_aIthaca : _bJohnson Graduate School of Management, _cMarch 2003
520	3		_aThis paper theorizes that relatively poor firm performance can prompt chief executive officers (CEOs) to seek more advice from executives of other firms who are their friends or similar to them and less advice from acquaintances or dissimilar others and suggests how and why this pattern of advice seeking could reduce firms' propensity to change corporate strategy in response to poor performance. We test our hypotheses with large-sample survey data on the identities of CEOs' advice contacts and archival data on firm performance and corporate strategy. The results confirm our hypotheses and show that executives' social network ties can influence firms' responses to economic adversity, in particular by inhibiting strategic change in response to relatively poor firm performance. Additional findings indicate that CEOs' advice seeking in response to low performance may ultimately have negative consequences for subsequent performance, suggesting how CEOs' social network ties could play an indirect role in organizational decline and downward spirals in firm performance
700	1		_aWESTPHAL, James D _911307
773	0	8	_tAdministrative Science Quarterly _g48, 1, p. 1-32 _dIthaca : Johnson Graduate School of Management, March 2003 _xISSN 00018392 _w
942			_cS
998			_a20101020 _b1539^b _cDaiane
998			_a20101027 _b1643^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c36996 _d36996
041			_aeng