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This article develops an integrative framework of strategic decision processes based on a review of the past literature. The framework incorporates environmental, organizational, and decisionspecific antecedents of process characteristics, and their process and economic outcomes. Key empirical studies are reviewed in the context of theframework and majorpatterns and contradictions are identified. Based on this review, useful implicationsfor theory building, research methods and managerial practice are identified and several directions for future research are presented.

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This article uses an integrative theoretical framework to review existing empirical research on the diversification-performance relationship along the three different research streams which have studied this relationship. The article highlights the considerable diversity in the findings across studies in each stream and identifies certain key theoretical and methodological issues which might help to explain the observed diversity. Also discussed is a contingency-based perspective and several useful directions for future research.

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This paper discusses major theoretical and methodological issues that strategic management researchers must consider when developing and testing configuration theories. The theoretical issues include: (1) number of domains, (2) causality, and (3) temporal stability. The methodological issues are: (I) specification of key constructs, (2) effects of data aggregation, (3) the choice of unit of analysis, and (4) the appropriateness of research methodologies. Greater attention to these issues should result in more accurate findings and more meaningful interpretations.