Strategic decision models: Integrating different perspectives
研究了理性规范、外部控制和战略选择三种视角对战略收购决策的影响，发现理性分析视角解释力最强，但行业和高管特征也有显著作用，且模型因行业和高管特征而异。
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.