When the Market Misleads: Stock Prices, Firm Behavior, and Industry Evolution

This paper augments learning and institutional theories of firm behavior with an explicit focus on the idiosyncratic characteristics of learning from financial markets. Various streams of literature implicitly assume that financial markets influence firm strategies, yet the specifics of these intera...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Organization Science. - Institute for Operations Research and the Management Sciences. - 16(2005), 6, Seite 637-660
1. Verfasser: Kock, Carl Joachim (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2005
Zugriff auf das übergeordnete Werk:Organization Science
Schlagworte:Organizational learning Institutional theory Financial markets Computer simulation Economics Behavioral sciences Business