The law of one price asserts that, with costless trade, prices for identical goods in different countries should be equal after accounting for the exchange rate. The empirical literature suggests that exchange rate pass-through to prices is low and that the law of one price fails; instead, firms...

The impact of ownership on organizational performance has attracted the interest of a large number of scholars. The empirical research predominately focuses on the impact of ownership structures on organizational performance, and to a lesser extent on the relationship between ownership type and...

Purpose – The purpose of this paper is to present the views of Rod Aldridge OBE on building the strategy of a FTSE 100 company. Design/methodology/approach – The paper takes the form of an interview. Findings – The interview with Rod Aldridge brings to life a number of key strategy...

Purpose – The purpose of this paper is to demonstrate how key strategic decisions are made in practice at a successful FTSE 100 company. Design/methodology/ approach – The paper is based on semi-structured interview with the Chief Executive of Cadbury, Mr Todd Stitzer. Mr Stitzer has...

Purpose – The purpose of the paper is to examine and analyze the development of strategic management as a field of inquiry. Design/methodology/approach – The paper relies on secondary-source analysis. Findings – Strategic management has evolved significantly over the past four decades...

Recent research has shown that Research and Development (R&D) has a significant impact on performance in manufacturing small- and medium- sized firms. However, corporate performance is often hampered by a failure to effectively convert R&D into innovation, leading to a negative impact on both...

Purpose – To date little is known about the actual level of utilisation of digital/web-based interaction technologies in purchasing and supply management (SM) in the UK. This paper seeks to address this gap in the extant knowledge through empirical research in a UK setting. It examines the...