In den letzten Jahren haben Veränderungsgeschwindigkeit und Komplexität der betrieblichen Umwelt drastisch zugenommen. Die Betriebsstrukturen entsprechen den daraus resultierenden Anforderungen oftmals nicht mehr. Häufig sind die bestehenden Organisationen zu fragmentiert und zu hierarchisch...

Using hand-collected data on divisional managers at conglomerates, we find that a change in industry surplus in one division generates large spillovers on managerial payoffs in other divisions of the same firm. These spillovers arise only within the boundaries of a conglomerate but not between...

This article explores how knowledge embodied in executives is tied to the organizational context in which it develops. Drawing on the knowledge-based view of the firm and human capital theory, we predict that executives will move between units with similar ‘structural composition' — a...