The top management team and corporate performance

School of Managemen

Strategic marketing effectiveness and its relationship to corporate culture and beliefs : a cross-national study

School of Managemen

Corporate values, customer closeness and marketing effectiveness : an empirical test of Peters and Waterman

School of Managemen

The Management Factor in Acquisition Performance

Submitted to Business and Policy Planning Division: 1986 National Academy of Management Conference, Chicago.This paper reviews the "state of the art" of both theoretical development and empirical investigation concerning Mergers and Acquisitions. It classifies existing knowledge within three main areas: . pre-acquisition procedures - typologies of selection and decision making processes; . valuation activity - the, letermination of price and methods of payment; . success criteria - what should be measured. The review highlights the paucity of research as to the different effects of managerial behaviour and motivation upon acquisition outcomes, and therefore suggests a number of testable hypotheses in urgent need of investigation

The chief executive : a breed apart

School of Managemen

Corporate leaders in Britain and America : a cross-national analysis

School of Managemen

European boardrooms and the American Law Institute proposals

In May 1982, the highly prestigious American Law Institute (A.L.I.) proposed new rules to regulate the governance of large corporations. Although the furore of opposition from the world of business has still delayed the vote to accept these proposals, the interest aroused in both political and commercial arenas in an international context has been considerable. Not only would the proposals change contemporary strategic decision-making for most U.S. multi¬national corporations, but, if replicated in other countries would revolutionize the Boardroom. This paper analyses the implications of the A.L.I. proposals if implemented in a European environment. It argues that, if left to the business world, the proposals would be rejected on the criterion that companies would reduce their commitment to any risky project, particularly international ventures. In the academic sense, companies would sub-optimize their profile of strategic risk. Corporate economic performance would deteriorate in the medium-term. Conversely, since corporate law is made statute by politicians, not directors, the attraction of appearing to be societally empathetic makes it likely that many of the A.L.I. proposals will be the subject of international debate. Subject to this, it is vital for international corporations to put their own house in order, rather than encourage further political intervention. The paper concludes by proposing means to effect this proactive transition

Gogos, yoyos and dodos; Company directors and industry performance

This research investigates the characteristics of 354 directors of Britain's largest companies. Three sections of independent variables were analysed: those relating to the economic environ; those relating to the domestic environ--family background and educational experiences; those relating to self concept. Directors were categorised according to the economic performance of their industries--GOGOs (industries in growth); YOYOs (industries in turbulence); and DODOs (industries in decline). Several differences emerged between the characteristics of directors and the economic success of their industries for which they were strategically influential

Stabilised Vs Stable Mixed Methods for Incompressible Flow

The accuracy of low-order mixed finite element methods for the incompressible (Navier-)Stokes equations is investigated in this work. Some numerical experiments suggest that the lowest-order stabilised P1 --P0 method (linear velocity, constant pressure) is more efficient than the alternative a-priori stable non-conforming Crouzeix-Raviart (P \Gamma1 --P0 ) approach. The relative accuracy of stabilised P1 --P0 and P1 --P1 (linear velocity, continuous linear pressure) is also assessed herein