01108nas a2200145 4500008004100000245008300041210006900124260000900193300001200202520058700214653001500801100001700816700001900833856011000852 2006 eng d00aOrganization Design, Organizational Learning, and the Market Value of the Firm0 aOrganization Design Organizational Learning and the Market Value c2006 a125-1423 aWe compare market returns associated with firms’ creation of new units focused on e-business. Two aspects of organization design - governance and leadership - are considered with regard to exploitation- and exploration-oriented organization learning. We find that exploitation in governance (high centralization) is associated with a lower mean and variance in returns; that exploitation in leadership (appointment of outsiders) is associated with the same mean yet higher variance; and, among units exhibiting both modes of learning, the variance of returns are not equal.10aManagement1 aCarroll, Tim1 aHunter, S., D. u/biblio/organization-design-organizational-learning-and-market-value-firm