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The Interplay of Experiential and Social Learning Mechanisms in Firm Exit Decisions : 조직 퇴출 의사결정에서의 경험 학습과 사회적 학습 영향에 관한 연구
DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | 이경묵 | - |
dc.contributor.author | 안연신 | - |
dc.date.accessioned | 2017-07-14T05:20:09Z | - |
dc.date.available | 2017-07-14T05:20:09Z | - |
dc.date.issued | 2016-08 | - |
dc.identifier.other | 000000136816 | - |
dc.identifier.uri | https://hdl.handle.net/10371/124682 | - |
dc.description | 학위논문 (석사)-- 서울대학교 대학원 : 경영학과 경영학전공, 2016. 8. 이경묵. | - |
dc.description.abstract | This study examines how organizations private information obtained from performance feedback is moderated by social learning mechanisms. Building on inferential learning and market categorization literatures, my theory suggests that even when organizations experience multiple performance failures, they are not likely to exit the market when a substantial number of peers have entered the industry. On the contrary, they are more likely to exit the market when a relatively large number of peers have exited. The latter relationship is weakened when the average number of industries with which exiting peers engage is greater. This is because decision makers regard the exits of those who are involved in diverse categories as involuntary actions rather than signaling a negative market situation, and they rely less on such signals. I test my theory using longitudinal data on the exit decisions of 1,405 U.S. private venture capital firms from 1987 to 2014. | - |
dc.description.tableofcontents | INTRODUCTION 1
RESEARCH SETTING 9 Ecology of the Venture Capital industry 9 Firm Exit in the VC Industry 12 THEORY AND HYPOTHESES 14 Firm Exit 14 Performance Aspirations and Firm Exit 16 Inferential Strategy and Firm Exit 19 The Role of Multiple Category Membership as a Signal 25 METHODS 29 Data and Sample 29 Measures 29 Model Specification 35 RESULTS 37 DISCUSSION AND CONCLUSION 41 REFERENCES 46 ABSTRACT IN KOREAN 59 | - |
dc.format | application/pdf | - |
dc.format.extent | 748273 bytes | - |
dc.format.medium | application/pdf | - |
dc.language.iso | en | - |
dc.publisher | 서울대학교 대학원 | - |
dc.subject | performance aspiration | - |
dc.subject | market category | - |
dc.subject | organizational learning | - |
dc.subject.ddc | 658 | - |
dc.title | The Interplay of Experiential and Social Learning Mechanisms in Firm Exit Decisions | - |
dc.title.alternative | 조직 퇴출 의사결정에서의 경험 학습과 사회적 학습 영향에 관한 연구 | - |
dc.type | Thesis | - |
dc.description.degree | Master | - |
dc.citation.pages | 59 | - |
dc.contributor.affiliation | 경영대학 경영학과 | - |
dc.date.awarded | 2016-08 | - |
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