This paper studies acquisitions of nursing home facilities by chains. We first test alternative ‘cream-skimming’ and ‘turn-around’ arguments concerning nursing home acquisitions. We then consider post-acquisition changes in nursing home health performance, differentiating effects of the...

Departing from prior work that demonstrates the stickiness and stability of alliance networks resulting from embeddedness, we extend matching theory to study firms’ withdrawal from alliances. Viewing alliance withdrawal as a result of firms’ pursuit of more promising alternative partners –...

We link two influential organizational learning models - performance feedback and experiential learning - to advance hypotheses that help explain how organizations' learning from their own and others' experience is conditioned by their aspiration-performance feedback. Our focus is on learning...

Departing from prior work that demonstrates the stickiness and stability of alliance networks resulting from embeddedness, we extend matching theory to study firms' withdrawal from alliances. Viewing alliance withdrawal as a result of firms' pursuit of more promising alternative partners –...

Empirical research on strategic alliances has focused on the idea that alliance partners are selected on the basis of social capital considerations. In this paper we emphasize instead the role of complementary knowledge stocks (broadly defined) in partner selection, arguing not only that...

In this paper, we study the evolution of private military corporations (PMCs), which are for-profit organizations that subcontract military field services to sovereign authorities as well as to others. Between Eisenhower's famous “military-industrial complex” speech in 1961 and the post-9/11...