Publicación:
Environmental complexity, slack, and firm performance

dc.contributor.authorGodoy Bejarano, Jesús María
dc.contributor.authorRuiz-Pava, Guillermo
dc.contributor.authorTellez-Falla, Diego
dc.date.accessioned2020-11-17T21:40:48Z
dc.date.available2020-11-17T21:40:48Z
dc.date.issued2020-07-29
dc.description.abstractFirms hold excess resources, known as slack, that could be valuable as the environment becomes more complex. This article provides evidence on how higher environmental complexity alters the slack-performance relationship in the long run by introducing three types of effects: the efficiency effect, the profitability effect, and the incentives effect. After measuring those effects on a panel of Colombian firms, we show that firms implement multiple and simultaneous purposeful actions on organizational slack to compete in more complex environments. Depending on the slack type, complexity can encourage the efficient use of slack, it can alter the incentives to hold slack, and it can change the profitability of slack. Those results could be used to answer how efficient or profitable are firms’ levels of slack, and if they have higher incentives to accumulate more slack.es_CO
dc.description.sponsorshipUniversidad de Ibaguées_CO
dc.identifier.citationGodoy-Bejarano, J. M., Ruiz-Pava, G. A., & Téllez-Falla, D. F. (2020). Environmental complexity, slack, and firm performance. Journal of Economics and Business, doi:10.1016/j.jeconbus.2020.105933es_CO
dc.identifier.issn0148-6195
dc.identifier.urihttps://www.sciencedirect.com/science/article/abs/pii/S0148619519303261
dc.language.isoenes_CO
dc.publisherJournal of Economics & Businesses_CO
dc.subjectEnvironmental complexityes_CO
dc.subjectOrganizational Slackes_CO
dc.subjectFirm performancees_CO
dc.titleEnvironmental complexity, slack, and firm performancees_CO
dc.typeArticlees_CO
dspace.entity.typePublication
eperson.emailjesus.godoy@unibague.edu.coes_CO
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