Corporate Governance, Business Strategy, and the Dynamics of Networks: a Theoretical Model and Application to the British Cotton Industry, 1830–1980
构建了一个理论模型，解释网络结构如何随行业和企业的资源特征及资源依赖程度而变化，并加入问责与公司治理维度，用以分析英国棉纺织业长期演变中网络结构如何阻碍灵活应对重组挑战。
This article develops a theoretical model to explain the variation of network structures and network dynamics according to industry and firm resource characteristics and the extent of resource dependency. It incorporates an accountability and corporate governance dimension and thereby seeks to explain the long-run processes of industrial and corporate change. To verify the theoretical framework, the article examines the long-run evolution of network structures in the British cotton industry. It shows how this industry developed network structures as part of the process of industrialization and then goes on to explain how these structures prevented flexible and timely responses to the later challenges of restructuring and re-equipping. The article also shows that the application of the theoretical model offers an opportunity to reinterpret the history of this archetypal industry.