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Sustained superior performance in changing environments: towards a synthesis and a research agenda

✍ Scribed by Marc Baaij; Patrick Reinmoeller; Nikolaj Niepce


Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
131 KB
Volume
16
Category
Article
ISSN
1086-1718

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✦ Synopsis


Abstract

Understanding how superior financial performance of firms could be sustained is of great importance to both practitioners and scholars given the increasing levels of environmental change.

Our review of the diverse theoretical perspectives on sustained superior performance suggests that greater appreciation of the assumptions about environmental change and market imperfections may provide opportunities for a synthesis.

We find empirical research to lag behind theoretical developments. To test the theoretical perspectives on sustained superior performance under high levels of environmental change, we suggest a research agenda to develop reliable guidance for practitioners.

Copyright Β© 2007 John Wiley & Sons, Ltd.


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