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...

For many years, business turnarounds have captured the attention of scholars and fascinated executives. Yet despite their centrality as a business phenomenon, little is known about the prevalence or trajectory of turnarounds. This paper provides evidence on a broad cross-section of publicly...

In this study, we examine how the characteristics of clique structures affect the performance of firms embedded within the cliques. Although it is generally accepted in organization theory and strategic management that firms are embedded within ego and overarching industry networks that each...