What does Strategic Management have to do with capitalism(s)?

ID: 33787

Authors: Alexandre de Almeida Faria, Takeyoshi Imasato, Ana Lucia Malheiros Guedes.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 1-21, December, 2014. 21 page(s).

Keyword: capitalism , emerging economies , legitimacy , strategic management , strategy

Document type: Article (Portuguese) Show Abstract

The many debates about capitalism within the context of the successive crises of neoliberal globalization, although overlooked by the field of strategic management (SM), are of central importance to strategists and academics from emerging economies. In response to the way SM in the US has been linked to discourses portraying neoliberal capitalism as the only option, European literature has embraced the perspective of varieties of capitalism and developed the strategy as practice approach. Through a dialogue with international studies, this article argues that the Euro-American contemporary hegemony in GE helps build the legitimate authority of strategists from large corporations and keep Euro-American state strategists invisible and delegitimizes strategists and organizations from the rest of the world that represent other types of capitalism or alternatives to the Occidentalist order. In the end, the authors posit that the strategy field in Brazil might foster a geopolitical perspective on GE that could overcome some of the restraints imposed by historic capitalism and enable the diffusion and legitimation of other types of capitalism and non-Occidentalist alternatives.

Editorial

ID: 33786

Authors: Herbert Kimura.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 1-3, December, 2014. 3 page(s).

Document type: Editorial (Portuguese)

Political strategy formulation and implementation in the ethanol industry: a procedural model

ID: 33788

Authors: Antonio Thiago Benedete da Silva, Carlos Afonso Caldeira, Rodrigo Bandeira-de-Mello.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 22-40, December, 2014. 19 page(s).

Keyword: corporate political activities; ethanol; strategy process , political strategy

Document type: Article (Portuguese) Show Abstract

Despite the importance of political strategies for firm survival and performance, there are few studies that focus on what is effectively the process that companies use to formulate and execute these types of strategies. We have conducted a qualitative study, using content analysis through categorization to analyze data from interviews with political-strategy decision makers from Brazilian Ethanol companies, as well as secondary data on the sector. Based on the data, this article suggests a model for the process of formulating and implementing political strategy, discussing the details of this process in theoretical terms. Among the peculiarities of the political strategy process, the most important are the amount of activities conducted outside the firm, the prevalence of collective action and the complexity of evaluating political strategy results.

Dynamic capabilities: what are they and how to identify them?

ID: 33789

Authors: Dimária Silva e Meirelles, Álvaro Antônio Bueno Camargo.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 41-64, December, 2014. 24 page(s).

Keyword: competences , dynamic capabilities , processes , routines , skills

Document type: Article (Portuguese) Show Abstract

The phenomenon of dynamic capabilities in organizations is of great interest to researchers in various fields of knowledge in the area of administration, including strategic management, entrepreneurship, marketing, human resource management, operations management, and even information systems. Since Teece, Pisano and Shuen’s (1997) original proposal, several theorists have made efforts at developing the dynamic capabilities concept. However, analysis of these efforts shows that there is a myriad of definitions, some quite similar, and there is definite controversy about the conditioning elements and components of dynamic capabilities. Note that the evolution of understanding of what is dynamic capability is associated with two main aspects: components and mechanisms by which a company develops dynamic capabilities. This article proposes an integrative model of the various definitions given by the authors surveyed, in which the determinants of the existence of dynamic capabilities include the set of behaviors, skills, routines, processes and governance mechanisms of learning and knowledge focused on change and innovation. These elements are developed along an organizational trajectory, through a cumulative process of knowledge and learning.

Stakeholder management in nonprofit and religious hospital fundraising

ID: 33790

Authors: Fábio Augusto Martins, Amélia Ferreira da Silva, Carlos Machado Santos.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 65-85, December, 2014. 21 page(s).

Keyword: fundraising , hospital management , stakeholder management

Document type: Article (Portuguese) Show Abstract

Religious and non-profit hospitals constitute a vital part of Brazil’s healthcare system. Due the nature of this activity, these hospitals have a vast plurality of stakeholders and a complex process of value creation. This study explores the potential association between stakeholder management and success in voluntary donations. The theme under question is located in the area of organizational behavior and almost unexplored in the literature, so we opted for a qualitative and exploratory research. Based on documentary sources and semi-structured interviews with board chairmen, we developed a comparative study of two cases (hospitals). The theoretical framework crosses the fundamentals of Stakeholder Theory with those of Resource Dependency Theory. The study revealed that in both cases stakeholder management is still incipient and poorly structured, and consequently could not conclusively answer the research question. However, this research provides important clarification on the issue and opens new possibilities for research.

Banking competition: comparison of public and private bank behavior

ID: 33791

Authors: Tiago Sammarco Martins, Adriana Bruscato Bortoluzzo, Sérgio Giovanetti Lazzarini.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 86-108, December, 2014. 23 page(s).

Keyword: competition , credit , Lerner index , private banks , public banks

Document type: Article (Portuguese) Show Abstract

Public banks are an important part of the banking market in Brazil and abroad, and they have been used to implement strategies furthering political and social goals. Although one of the main arguments for the existence of public banks is to encourage competition, this role remains controversial in literature. This paper analyzes the Brazilian banking market during the period from 2000 to 2011, calculating the level of competition between private and public banks, and their reactions to the measures adopted by the Brazilian government during the world crisis of 2008, when the government adopted a policy of publicly influencing public banks to increase loan approvals and reduce interest rates. From results obtained through three stage least squares estimation of the Lerner index, we found that public banks exhibit behavior closer to perfect competition than private banks, even though they can exert some market power. We also observed a change in competitive behavior after the 2008 crisis for both public and private banks, which displayed an increased in pro-competitive behavior.

Two decades of research on strategic alliances: analysis of citations, co-citations and themes researched

ID: 33792

Authors: Manuel Portugal Ferreira, José Eduardo Storopoli, Fernando Ribeiro Serra.

Source: Revista de Administração Contemporânea, v. 18, n. Ed.Esp., p. 109-133, December, 2014. 25 page(s).

Keyword: bibliometric study , co-citation analysis , factor analysis , management research , strategic alliances

Document type: Article (English) Show Abstract

Research on strategic alliances has a long tradition in management studies. Strategic alliances have been investigated using multiple theoretical lenses from RBV to agency and transaction cost, and diverse contexts, from the semiconductor to airline industries. In this study we scrutinize the extant strategic alliance research in thirtyone top-ranked business/management journals, over a twenty-year period, from 1993 to 2012. In a sample of 866 articles we conducted citation and co-citation analyses employing social network techniques and factor analysis to identify research themes and make sense of the stock of accumulated knowledge and theoretical trends. We were able to identify some shifts in research over time, namely from a focus on performance and theoretical emphasis on transaction cost theory and governance concerns, moving to a learning and knowledge transfer approach, social networks and collaboration. This study provides the foundations over which future research may develop to fill conceptual and empirical gaps.