MetaTOC stay on top of your field, easily

A behavioral theory of Leviathan Inc: State firms’ responses to performance shortfalls

,

Strategic Organization

Published online on

Abstract

Strategic Organization, Volume 24, Issue 1, Page 141-169, February 2026.
We examine the role of ownership in organizational responses to performance shortfalls. State owners prize performance stability over being competitive, and their firms thus frame performance shortfalls differently than private firms do. In particular, ...