Actions speak louder than modes: antecedents and implications of parent implementation capabilities on business unit performance
研究了母公司层面的执行能力（通过相关经验获得的运营专长和同地协作）如何与治理模式选择共同影响业务单元绩效，发现母公司能力可能比模式选择匹配更重要。
Abstract Firm boundaries and strategic execution affect the firm's ability to generate rents, grow, and survive. Boundaries are determined through governance mode choices, such as whether to make or buy a particular good or activity. While significant work has addressed the performance implications of this fit, less attention has been directed toward strategic execution, or implementation. In particular, the impact of corporate parents has been understudied. We suggest that parent‐level implementation capabilities of operating expertise gained through related experience and coordination from collocation combine with governance mode choices to jointly affect performance. By employing theories of organizational economics and testing predictions in casual dining chains, this paper unpacks the relationship between implementation, governance mode choice, and performance. Our findings suggest that parent capabilities may be more important than mode choice fit and that parent benefits are contingent upon mode choice and type of performance. Copyright © 2011 John Wiley & Sons, Ltd.