ORGANIZATIONAL ACTIONS IN RESPONSE TO THREATS AND OPPORTUNITIES.

Prithviraj Chattopadhyay · William H. Glick

650 citations0/0 files storedAcademy of Management Journal

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Organizational Management and Leadership Innovation and Knowledge Management Management and Organizational Studies

Abstract

In this study, we tested a model in which threats and opportunities lead directly to different organizational actions and compared it to a model in which organizational characteristics moderate organizational actions taken in response to threats and opportunities. To better understand these effects, we differentiated the dimensions of threat and opportunity associated with the threat-rigidity hypothesis from the dimensions associated with prospect theory. In this study, threats had the main and moderated effects predicted from the literature, but opportunities did not.

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References

1979Prospect Theory: An Analysis of Decision under Risk 2011External Control of Organizations: Resource Dependence Perspective 1978Organizational Strategy, Structure, and Process 1998A Behavioral Agency Model of Managerial Risk Taking 1981On the Measurement of Organizational Slack 1986PERFORMANCE, SLACK, AND RISK TAKING IN ORGANIZATIONAL DECISION MAKING.1984Corporate Attributions as Strategic Illusions of Management Control

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