Employee Incentives to Make Firm-Specific Investments: Implications for Resource-Based Theories of Corporate Diversification
论证企业核心资源价值风险会影响员工进行企业特定投资的决策,并探讨企业可采取的缓解机制,为资源基础理论下的企业多元化研究提供新视角。
We argue that the risk associated with the value of a firm's core resources has an impact on employee decisions to make firm-specific investments, independent of the threat of opportunism that might exist in a particular exchange. We further explore mechanisms firms may adopt to mitigate the employee incentive problem stemming from the risk associated with core resource value. These arguments shed new light on resource-based theories of corporate diversification.