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Uncertainty, Entrepreneurial Orientation and the Use of Agreement-Only Alliances: Implications for Small Firm Governance

K Mark Weaver, Pat H Dickson, Brian Gibson, George Vozikis

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    Abstract

    This study proposes that fundamental differences in how owners and managers of small- to medium-sized enterprises view the uncertainty of their environments and their propensities towards risky and proactive behaviour significantly influence their decisions regarding whether to adjust their overall governance in the form of equity-based or agreement-based alliances. The study sets forth tests using a model with data from 686 SMEs in Eastern Australia, Costa Rica and Norway. The results suggest that how managers perceive the uncertainty in their environments and their orientations towards risky and proactive behaviour influence their choice of alliance structures but do so in differing and interesting ways across countries.
    Original languageEnglish
    Title of host publicationSymposium Proceedings of the 1st International Symposium on Corporate Governance in Privately Owned Firms
    EditorsBrian Gibson
    Place of PublicationArmidale, Australia
    PublisherUniversity of New England, School of Business, Economics and Public Policy, Faculty of the Professions
    ISBN (Print)9781921597046
    Publication statusPublished - 2009
    Event1st International Symposium on Corporate Governance in Privately Owned Firms - Australia Technology Park, Sydney, Australia
    Duration: 5 Apr 20097 Apr 2009

    Conference

    Conference1st International Symposium on Corporate Governance in Privately Owned Firms
    CitySydney, Australia
    Period5/04/097/04/09

    Keywords

    • Financial Accounting

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