The Implications of Firm‐Specific Policy Risk, Policy Uncertainty, and Industry Factors for Inventory: A Resource Dependence Perspective

2020 ◽  
Vol 56 (4) ◽  
pp. 3-24 ◽  
Author(s):  
Jessica L. Darby ◽  
David J. Ketchen ◽  
Brent D. Williams ◽  
Travis Tokar
Keyword(s):  
Resource Dependence ◽  
Policy Uncertainty ◽  
Specific Policy ◽  
Policy Risk ◽  
Resource Dependence Perspective ◽  
Risk Policy

scholarly journals The Macro Effects of Climate Policy Uncertainty

2021 ◽  
Vol 2021 (015) ◽  
pp. 1-50
Author(s):  
Stephie Fried ◽  
◽  
Kevin Novan ◽  
William B. Peterman ◽  
◽  
...  
Keyword(s):  
Climate Policy ◽  
Equilibrium Model ◽  
Fossil Fuels ◽  
Carbon Tax ◽  
Policy Uncertainty ◽  
Dynamic General Equilibrium Model ◽  
Macroeconomic Impacts ◽  
Policy Risk ◽  
The Cost ◽  
The U.S

Uncertainty surrounding if and when the U.S. government will implement a federal climate policy introduces risk into the decision to invest in capital used in conjunction with fossil fuels. To quantify the macroeconomic impacts of this climate policy risk, we develop a dynamic, general equilibrium model that incorporates beliefs about future climate policy. We find that climate policy risk reduces carbon emissions by causing the capital stock to shrink and become relatively cleaner. Our results reveal, however, that a carbon tax could achieve the same reduction in emissions at less than half the cost.

Governance and Strategic Leadership in Entrepreneurial Firms

2002 ◽  
Vol 28 (3) ◽  
pp. 387-412 ◽  
Author(s):  
Catherine M. Daily ◽  
Patricia P. McDougall ◽  
Jeffrey G. Covin ◽  
Dan R. Dalton
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Resource Dependence ◽  
Strategic Leadership ◽  
Entrepreneurial Firms ◽  
Management Research ◽  
Central Focus ◽  
Strategic Leaders ◽  
Systematic Relationships ◽  
Resource Dependence Perspective

Corporate governance has been a central focus of strategic management research, particularly the associations among governance structures, strategic leaders, and firm performance. Extant research, however, provides little evidence of systematic relationships in these areas. There are a series of theoretical/conceptual rationales suggesting that such relationships might be more pronounced in entrepreneurial firms. Accordingly, we provide an overview and synthesis of the entrepreneurship literature addressing the intersection of governance and strategic leadership with firm performance. The strongest relationships reflected in this literature are consistent with a resource dependence perspective of the firm. We conclude with several suggestions for advancing research in this important domain.

scholarly journals Technology uncertainty in supply chains and supplier involvement: the role of resource dependence

2019 ◽  
Vol 24 (6) ◽  
pp. 697-709 ◽  
Author(s):  
Chengyong Xiao ◽  
Boyana Petkova ◽  
Eric Molleman ◽  
Taco van der Vaart
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Resource Dependence ◽  
Supply Networks ◽  
Chain Management ◽  
Content Type ◽  
Relational Perspective ◽  
Supplier Involvement ◽  
Resource Dependence Perspective

Purpose Technology uncertainty poses significant challenges to manufacturers, as rapid changes in product and/or process standards and specifications can disrupt the smooth flow of materials in extended supply chains. Practitioners and researchers alike who take a relational perspective widely regard supplier involvement as a potentially effective strategy to cope with technology uncertainty, as focal manufacturers can tap into their upstream supply networks for complementary resources and capabilities. However, the literature lacks a nuanced understanding of the supplier involvement processes. Specifically, the role of resource dependence for supplier involvement has yet to be systematically understood. To fill this gap, this study aims to combine the relational perspective with the resource-dependence perspective to explore how buyer dependence, supplier dependence and buyer–supplier interdependence influence buyers’ decision-making on tapping into upstream supply networks for coping with technology uncertainty. Design/methodology/approach To test the hypotheses, a survey is conducted among Dutch firms with more than 50 employees in the discrete manufacturing industries (ISIC 28-35), resulting in a sample of 125 manufacturers. Findings First, there is a significantly positive relationship between technology uncertainty and supplier involvement, giving support to the expectation that buyers are indeed involving their key suppliers in the product/process design and improvement, as a response to technology uncertainty. Second, buyer dependence and interdependence are found to be positively moderating the relationship between technology uncertainty and supplier involvement. In contrast, supplier dependence has a negative moderating effect on the baseline relationship. Research limitations/implications The authors contribute to a relational view on buyer–supplier relationships by showing that the validity of this view, in the context of technology uncertainty, is contingent on the resource dependence between buyers and suppliers, and the authors contribute to the supply chain management literature more generally by combining a relational perspective with a resource-dependence perspective. Practical implications The findings provide several nuanced insights into the effect of resource dependence (buyer dependence, supplier dependence and interdependence) on supplier involvement for coping with technology uncertainty. Originality/value This study contributes to the supply chain management research by going beyond the benefits of supplier involvement and highlights the circumstances under which supplier involvement is likely to occur.

The External Control of Organizations. A Resource Dependence Perspective.

1979 ◽  
Vol 89 (356) ◽  
pp. 969 ◽  
Author(s):  
Brian J. Loasby ◽  
Jeffrey Pfeffer ◽  
Gerald R. Salancik
Keyword(s):  
Resource Dependence ◽  
External Control ◽  
Resource Dependence Perspective
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