Slack and the performance of state-owned enterprises
Organizational slack has been recognized as critical to firm performance, although its impact is not always positive. Slack may be used to fuel innovation or alternatively excess resources may be squandered on pet projects. However, most research on slack is rooted in studying private firms in devel...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Springer New York LLC
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/50081 |
| _version_ | 1848758389401714688 |
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| author | Stan, C. Peng, Mike Bruton, G. |
| author_facet | Stan, C. Peng, Mike Bruton, G. |
| author_sort | Stan, C. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Organizational slack has been recognized as critical to firm performance, although its impact is not always positive. Slack may be used to fuel innovation or alternatively excess resources may be squandered on pet projects. However, most research on slack is rooted in studying private firms in developed economies, especially the United States. Whether prior research on organizational slack can readily inform our understanding of state-owned enterprises' (SOEs) behavior is questionable since SOEs prioritize goals such as social welfare and full employment differently than do the privately owned enterprises (POEs). The differences between SOEs and POEs influence their sources and use of slack due to the nature of their ownership, budget constraints, and agency relations. To bring insight to this issue we develop an institutional change lifecycle model to study the relationship between slack and the economic and social aspects of SOE performance. |
| first_indexed | 2025-11-14T09:43:13Z |
| format | Journal Article |
| id | curtin-20.500.11937-50081 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:43:13Z |
| publishDate | 2014 |
| publisher | Springer New York LLC |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-500812017-09-13T15:37:03Z Slack and the performance of state-owned enterprises Stan, C. Peng, Mike Bruton, G. Organizational slack has been recognized as critical to firm performance, although its impact is not always positive. Slack may be used to fuel innovation or alternatively excess resources may be squandered on pet projects. However, most research on slack is rooted in studying private firms in developed economies, especially the United States. Whether prior research on organizational slack can readily inform our understanding of state-owned enterprises' (SOEs) behavior is questionable since SOEs prioritize goals such as social welfare and full employment differently than do the privately owned enterprises (POEs). The differences between SOEs and POEs influence their sources and use of slack due to the nature of their ownership, budget constraints, and agency relations. To bring insight to this issue we develop an institutional change lifecycle model to study the relationship between slack and the economic and social aspects of SOE performance. 2014 Journal Article http://hdl.handle.net/20.500.11937/50081 10.1007/s10490-013-9347-7 Springer New York LLC restricted |
| spellingShingle | Stan, C. Peng, Mike Bruton, G. Slack and the performance of state-owned enterprises |
| title | Slack and the performance of state-owned enterprises |
| title_full | Slack and the performance of state-owned enterprises |
| title_fullStr | Slack and the performance of state-owned enterprises |
| title_full_unstemmed | Slack and the performance of state-owned enterprises |
| title_short | Slack and the performance of state-owned enterprises |
| title_sort | slack and the performance of state-owned enterprises |
| url | http://hdl.handle.net/20.500.11937/50081 |