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Aligning to disadvantage

How corporate political activity and strategic homophily create path dependence in the firm

Datos Bibliográficos

ID9890785
AutoresAndrew Perchard (0000-0003-3227-6485, University of Wolverhampton, autor de correspondencia), Norman Mackenzie (0000-0003-3769-7086, University of Glasgow), Niall G Mackenzie
Año2021
Volumen74
Número7
Páginas978-1006
Fecha de publicación2021-07-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaHuman Relations (JOURNAL)
Identificadores de la revistaISSN: 0018-7267 • E-ISSN: 1741-282X
EditorialSAGE Publications (PUBLISHER • US)
DOI10.1177/0018726720908923
OpenAlexW3009682930
IdiomaEN
Citas recibidas16
Referencias citadas64

To what extent should firms get close to government for competitive advantage? What happens if they get too close? In this article we explore how corporate political activity inculcated strategic homophily in leading UK aluminium producer, the British Aluminium Company Ltd, resulting in its path dependence and eventual lock-in. The article makes three main contributions: a longitudinal study of corporate political activity and strategic homophily revealing their organizational manifestations and detailed understanding of certain mechanisms of path dependence; articulating the value of historical methods and perspectives to exploring organizational path dependence; and exploring the impact that prolonged business-government relations can have on the organizational behaviour and strategic outlook of the firm with implications for TMT selection and environmental scanning. In so doing it responds to calls for firms to align market positions with political activity, as well as those for the recognition of the value of business history in better understanding the links between corporate political activity and firm performance. It further elucidates the longer-term consequences of strategic homophily, which has to date focused on the early stages of venture formation

Business · Disadvantage · Economics · Government (linguistics · Homophily · Organizational culture · Political science · Politics · Public relations · Social science · Sociology · Value (mathematics · Corporate Finance and Governance · Elite Sociology and Global Capitalism · Law · Marketing · Political Influence and Corporate Strategies

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Obras citantes distintas16
Citas por año3,2
Intervalo de citas2021 - 2026 (6)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 16
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