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The Lemons Problem in Markets for Strategy
16 references·16 citing·34 second hopsampled
The Lemons Problem in Markets for Strategy (2016)The Lemons Problem in Markets for StrategySignaling Theory: A Review and Assessment (2010)Signaling Theory: A Review an…Firm resources and sustained competitive advantage (2004)Firm resources and sustained …What is strategy (2000)What is strategyFirm Resources and Sustained Competitive Advantage (1991)Firm Resources and Sustained …Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Agency Theory: An Assessment and Review (1989)Agency Theory: An Assessment …Strategic Factor Markets: Expectations, Luck, and Business Strategy (1986)Strategic Factor Markets: Exp…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Competitive Advantage: Creating and Sustaining Superior Performance (1985)Competitive Advantage: Creati…Competitive advantage, creating and sustaining superior performance (1985)Competitive advantage, creati…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Strategic Information Transmission (1982)Strategic Information Transmi…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Job Market Signaling (1973)Job Market SignalingThe Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…A Scientific Method for Startups (2024)A Scientific Method for Start…The theory‐based view: Entrepreneurial microfoundations, resources, and choices (2023)The theory‐based view: Entrep…Microfoundations of ecosystems: The theory-led firm and capability growth (2023)Microfoundations of ecosystem…Different response paths to organizational resilience (2022)Different response paths to o…Standing out from the crowd: Dedicated institutional investors and strategy uniqueness (2021)Standing out from the crowd: …Managing the risks and motivations of technology managers in open innovation: Bringing stakeholder-centric corporate governance into focus (2021)Managing the risks and motiva…Doing Well by Doing Good, Uniquely: Materiality and the Market Value of Unique CSR Strategies (2021)Doing Well by Doing Good, Uni…Understanding the motivations of technology managers in radical innovation decisions in the mature R&D firm context: An Agency theory perspective (2020)Understanding the motivations…The costs of refocusing: Evidence from hedge fund closures during the financial crisis (2019)The costs of refocusing: Evid…Performance feedback and problemistic search: The moderating effects of managerial and board outsiderness (2019)Performance feedback and prob…In Search of Behavioral Opportunities From Misattributions of Luck (2019)In Search of Behavioral Oppor…The Allocation of Capital within Firms (2018)The Allocation of Capital wit…Shareholder Influence on Joint Venture Exploration (2018)Shareholder Influence on Join…Pay inequality and corporate divestitures (2018)Pay inequality and corporate …Who does private equity buy? E vidence on the role of private equity from buyouts of divested businesses (2017)Who does private equity buy? …Path-dependent Routines in the Evaluation of Novelty: The Effects of Innovators’ New Knowledge Use on Brokerage Firms’ Coverage (2017)Path-dependent Routines in th…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)A resource‐based view of the firm (1984)The cornerstones of competitive advantage: A resource‐based view (1993)The Theory of the Growth of the Firm (1995)Social Capital, Intellectual Capital, and the Organizational Advantage (1998)Dynamic capabilities: what are they? (2000)The Theory of Economic Development (2003)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)STRATEGY IN EMERGING ECONOMIES. (2000)Modes of Network Governance: Structure, Management, and Effectiveness (2007)Opinion Paper: “So what if ChatGPT wrote it?” Multidisciplinary perspectives on opportunities, challenges and implications of generative conversational AI for research, practice and policy (2023)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Asset Stock Accumulation and Sustainability of Competitive Advantage (1989)Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Varieties of Capitalism (2001)The Evolution of Cooperation (1981)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON TURNOVER, PRODUCTIVITY, AND CORPORATE FINANCIAL PERFORMANCE. (1995)Toward a New Conception of the Environment-Competitiveness Relationship (1995)Exploring internal stickiness: Impediments to the transfer of best practice within the firm (1996)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1991Firm Resources and Sustained Competitive Advantage48,209 cited
  • 2004Firm resources and sustained competitive advantage38,157 cited
  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1973Job Market Signaling16,329 cited
  • 1985Competitive Advantage: Creating and Sustaining Superior Performance14,723 cited
  • 1989Agency Theory: An Assessment and Review13,327 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1985Competitive advantage, creating and sustaining superior performance10,284 cited
  • 2010Signaling Theory: A Review and Assessment6,720 cited
  • 2000What is strategy5,834 cited
  • 1986Strategic Factor Markets: Expectations, Luck, and Business Strategy5,527 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited

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1982
Strategic Information Transmission
4,289 cited

Cited by

  • 2022Different response paths to organizational resilience120 cited
  • 2021Managing the risks and motivations of technology managers in open innovation: Bringing stakeholder-centric corporate governance into focus104 cited
  • 2021Standing out from the crowd: Dedicated institutional investors and strategy uniqueness99 cited
  • 2018The Allocation of Capital within Firms89 cited
  • 2023The theory‐based view: Entrepreneurial microfoundations, resources, and choices61 cited
  • 2019Performance feedback and problemistic search: The moderating effects of managerial and board outsiderness61 cited
  • 2024A Scientific Method for Startups57 cited
  • 2019The costs of refocusing: Evidence from hedge fund closures during the financial crisis55 cited
  • 2023Microfoundations of ecosystems: The theory-led firm and capability growth55 cited
  • 2017Path-dependent Routines in the Evaluation of Novelty: The Effects of Innovators’ New Knowledge Use on Brokerage Firms’ Coverage51 cited
  • 2018Shareholder Influence on Joint Venture Exploration49 cited
  • 2020Understanding the motivations of technology managers in radical innovation decisions in the mature R&D firm context: An Agency theory perspective48 cited
  • 2021Doing Well by Doing Good, Uniquely: Materiality and the Market Value of Unique CSR Strategies43 cited
  • 2018Pay inequality and corporate divestitures41 cited
  • 2017Who does private equity buy? E vidence on the role of private equity from buyouts of divested businesses37 cited
  • 2019In Search of Behavioral Opportunities From Misattributions of Luck32 cited