Defensive and expansion responses to environmental shocks in China: Interpreting the 2008 economic crisis

We tested organizational actions as a result of interpreting the 2008 crisis with a sample of 80 firms in mainland China collected in 2009. Our findings indicate that threat and urgency interpretations positively affect defensive responses, while controllability and feasibility interpretations posit...

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Bibliographic Details
Published inThunderbird international business review Vol. 53; no. 2; pp. 225 - 245
Main Authors Bao, Yongjian, Olson, Bradley, Yuan, Wenlong
Format Journal Article
LanguageEnglish
Published Hoboken Wiley Subscription Services, Inc., A Wiley Company 01.03.2011
Wiley Periodicals Inc
Subjects
Economic crisis
Expansion
Strategic management
Studies
China
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Summary:We tested organizational actions as a result of interpreting the 2008 crisis with a sample of 80 firms in mainland China collected in 2009. Our findings indicate that threat and urgency interpretations positively affect defensive responses, while controllability and feasibility interpretations positively affect expansion responses. Moreover, we find that strategic flexibility and risk‐taking orientation moderate the relationships between controllability/feasibility interpretations and expansion responses. © 2011 Wiley Periodicals, Inc.
Bibliography:istex:C7110923CF52007DF6F606DFEC5461A4BFDE75BF
ark:/67375/WNG-ZPBGDT8J-W
ArticleID:TIE20403
ISSN:1096-4762
1520-6874
DOI:10.1002/tie.20403