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✦   LIBER   ✦

Defensive and expansion responses to environmental shocks in China: Interpreting the 2008 economic crisis

✍ Scribed by Yongjian Bao; Bradley Olson; Wenlong Yuan


Book ID
104600989
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
305 KB
Volume
53
Category
Article
ISSN
1096-4762

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✦ Synopsis


Abstract

We tested organizational actions as a result of interpreting the 2008 crisis with a sample of 80 firms in mainland China collected in 2009. Our findings indicate that threat and urgency interpretations positively affect defensive responses, while controllability and feasibility interpretations positively affect expansion responses. Moreover, we find that strategic flexibility and risk‐taking orientation moderate the relationships between controllability/feasibility interpretations and expansion responses. © 2011 Wiley Periodicals, Inc.