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Cited by 1,034

The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.

Strategic decision models: Integrating different perspectives

Hitt, Michael A., Tyler, Beverly B.·1991·Strategic Management Journal

Abstract

Different perspectives of strategic decision‐making and outcomes have been advanced in the literature. Among those are the rational normative, external control, and strategic choice models. The current research examined hypothesized effects of factors associated with these three perspectives on strategic acquisition decisions. Strong support was found for the rational/analytical normative choice perspective with objective criteria explaining the greatest amount of total explained variance in evaluation of target firms. However, industry and executive characteristics also produced main effects on target firm evaluations. Furthermore, the strategic decision models were found to vary by industry and executive characteristics of age, educational degree type, amount and type of work experience, and level (CEO and below). The results suggest that strategic decision models are quite complex with significant implications for future research and for strategic decision‐making.

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Metadata

Authors
Hitt, M. A., & Tyler, B. B.
Venue
Strategic Management Journal
Publisher
Wiley
Published
1991-07
Volume
12
Issue
5
Pages
327-351
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2096613055
Cited by
1,034
References
7
FWCI
82.76
Type
journal article
Language
en
Open access
closed

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