Mapping strategy, structure, ownership and performance in European corporations: Introduction

Colli, Andrea; Iversen, Martin Jes; Jong, Abe de

doi:10.1080/00076791.2011.546655

Cited by 11 publications

(2 citation statements)

References 13 publications

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“…The company executives instead focused on rationalising the firm using cost-cutting measures, eventually putting the potential which accounting offered into the spotlight. By switching its focus to the internal efficiency of the company, Bayer acted in line with what was later described as one of the central moments of company transformation from ‘family business’ to ‘big businesses’ and the refinement of accounting practices that goes hand in hand (Kocka 1969; Johnson and Kaplan 1987; Chandler 1962; Colli et al 2011).…”

Section: IImentioning

confidence: 95%

De-coding the image of the firm: secret reserves and internal financing in the German chemical industry, c. 1890–1916

Steinfeld

2022

Financial History Review

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This article uses the leading firms of the German chemical industry as a case study to provide a detailed example of how companies in the late nineteenth and early twentieth century used internal financing as an instrument of corporate finance. It traces the at first diverse significance of internal financing for the industry and identifies two moments of market concentration that triggered a convergence of corporate finance by a harmonisation of accounting standards that were not predefined by legal frameworks. The article argues that secret reserves and further ways of internal financing were key components of this harmonisation. The industry-wide creation of secret reserves cloaked the companies’ actual financial strength from outsiders who were merely left with an image of the respective firms that was carefully drafted by companies’ managers.

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Section: IImentioning

confidence: 95%

De-coding the image of the firm: secret reserves and internal financing in the German chemical industry, c. 1890–1916

Steinfeld

2022

Financial History Review

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“…De Geus, 1997; Miller and Le Breton-Miller, 2005; Reader and Watkins, 2006; Schildt et al , 2006; Burgelman and Grove, 2007; Desai et al , 2008; Zellweger and Sieger, 2012; De Massis et al , 2016; Erdogan et al , 2019) and business history (e.g. Cassis, 1997; Fridenson, 2004; Colli, 2013; Kansikas, 2015; Amankwah-Amoah et al , 2017).…”

Section: Introductionmentioning

confidence: 99%

The contribution of digitalisation to business longevity from a competitiveness perspective

Rossato

Castellani

2020

TQM

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PurposeThis paper aims to examine how long-lived firms can further develop through digitalisation in terms of actions, conditions and effects from a competitiveness perspective.Design/methodology/approachThis exploratory study follows an inductive approach based on a survey conducted via interviews undertaken with nine long-lived Italian firms. The dimensions of the model (command, continuity, community, connection), elaborated by Miller and Le Breton-Miller (2005) in relation to longevity factors, were chosen to analyse digitalisation’s contribution to these long-lived firms’ development.FindingsThe digitalisation implemented by the analysed firms contributed in a variety of ways: (1) improved the efficiency and effectiveness of their business processes, (2) enhanced the understanding of customer experience, (3) supported their craftsmanship and the transmission of the knowledge included in the entrepreneurial path, (4) increased the awareness of the cultural value of the firms’ heritage and (5) allowed for the development of cutting-edge design skills by experimenting with content on different digital platforms and devices.Practical implicationsThis study suggests managers of long-lived firms develop digital skills that allow them to interact with the rapid evolution of this context and understand how to effectively implement digitalisation in their specific firm. From this perspective, it is strategic to establish or strengthen collaborative network relationships to acquire such necessary skills.Originality/valueThis study provides novel empirical evidence on how long-lived firms are facing the challenge of digitalisation in terms of actions, conditions and effects to improve their competitiveness and ensure their survival.

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Studying strategy as practice through historical methods

Ericson

Мелин

Popp

2015

Cambridge Handbook of Strategy as Practice

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Mapping strategy, structure, ownership and performance in European corporations: Introduction

Cited by 11 publications

References 13 publications

De-coding the image of the firm: secret reserves and internal financing in the German chemical industry, c. 1890–1916

De-coding the image of the firm: secret reserves and internal financing in the German chemical industry, c. 1890–1916

The contribution of digitalisation to business longevity from a competitiveness perspective

Studying strategy as practice through historical methods

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