TY  - CHAP
T1  - Organization Design, Organizational Learning, and the Market Value of the Firm
Y1  - 2006
A1  - Carroll,Tim
A1  - Hunter,S. D.
KW  - Management
AB  - We 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 <i>not</i> equal.
U2  - d
U4  - 222970730496
ID  - 222970730496
ER  -