2013 Foundations

Performance, Aspirations, and Market Versus Nonmarket Investment

Bruce C. Rudy, Andrew F. Johnson

Journal of Management

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Cited by in snapshot: 13
References in snapshot: 20
Global cited by: 104

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Cited by 13

Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017
The role of performance feedback consistency in aspiration level adaptation: Evidence from a European grocery retailer Burak Cem Konduk · 2019
Performance Feedback Persistence: Comparative Effects of Historical Versus Peer Performance Feedback on Innovative Search Yang Ye, Wei Yu, Robert S. Nason · 2020
Performance Shortfall, Feedback Interpretation and R&D Search: The Differential Effects of Peers’ Performance Below Historical and Social Aspirations Lakshmi Goyal, Vikas Goyal · 2022
How historical and social aspirations reshape the relationship between corporate financial performance and corporate social responsibility Charalampos Saridakis, Sofia Angelidou, Arch G. Woodside · 2023
Self‐Assessment versus Self‐Improvement Motives: How Does Social Reference Group Selection Influence Organizational Responses to Performance Feedback? Daniela Blettner, Serhan Kotiloglu, Thomas Lechler · 2023
Structuring the situation: Organizational goals trigger and direct decision-making Henrich R. Greve · 2023
Performance feedback and firms’ strategic actions: a cross-national meta-analysis Shan Xue, Honghui Chen, Jintao Wu · 2023

Show 5 more citing records

60th birthday of ‘A Behavioral Theory of the Firm’: a review of the relational concepts and recommendations for future research Moritz Hagen, Wenjia Su, Sebastian Junge · 2023
Feedback persistence matters! Uncovering the varying effects of success and failure persistence on firm risk-taking Lakshmi Goyal, Vikas Goyal · 2023
Curse or blessing? Impact of the scope and duration of negative attainment discrepancy on ESG practices Shan Li et al. · 2024
How do aspirations work? Financial performance shortfalls and firms' green innovation Jing Zhao, Xiyun Cheng, Jintong Guo · 2025
Boardroom politics under rising populism: Performance feedback and the appointment of political directors Raquel García-García, Esteban García Canal, Laura Fernández-Méndez · 2026

References 20

Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners Joel A. C. Baum et al. · 2005
Positional rigidity: low performance and resource acquisition in large and small firms Henrich R. Greve · 2010
The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012
Toward a Model of Risk in Declining Organizations: An Empirical Examination of Risk, Performance and Decline Robert M. Wiseman, Philip Bromiley · 1996
Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007
A Behavioral Theory of Firm Growth: Sequential Attention to Size and Performance Goals Henrich R. Greve · 2008
A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003
Investment and the behavioral theory of the firm: evidence from shipbuilding Henrich R. Greve · 2003

Show 12 more referenced records

VARIABLE ORGANIZATIONAL RISK PREFERENCES: TESTS OF THE MARCH-SHAPIRA MODEL. Kent D. Miller, Weiru Chen · 2004
A Behavioral Theory of the Firm Richard M. Cyert, James G. March · 1963
Less Likely to Fail: Low Performance, Firm Size, and Factory Expansion in the Shipbuilding Industry Pino G. Audia, Henrich R. Greve · 2006
Aspiration Level Adaptation: An Empirical Exploration Theresa K. Lant · 1992
Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008
Incentives to Cheat: The Influence of Executive Compensation and Firm Performance on Financial Misrepresentation Jared D. Harris, Philip Bromiley · 2007
Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998
CORPORATE RISK-RETURN RELATIONS: RETURNS VARIABILITY VERSUS DOWNSIDE RISK. Kent D. Miller, Michael J. Leiblein · 1996
Richard M. Cyert & James G. March, A Behavioral Theory of The Firm, Prentice-Hall, Inc., Englewood Cliffs, New Jersey, 1963, 332 s. Erik Johnsen · 1964
The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012
A Behavioral Theory of the Firm Richard H. Day et al. · 1964
Strategic Responses to Poor Organizational Performance: A Test of Competing Perspectives David J. Ketchen, Timothy B. Palmer · 1999

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Records that cite some of the same reference targets.

Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

39 shared references · rank 1 of 347

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Organizational Aspirations, Reference Points, and Goals George A. Shinkle · 2011

31 shared references · rank 2 of 347

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Managerial Risk Taking Robert E. Hoskisson et al. · 2016

28 shared references · rank 3 of 347

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A Behavioral Perspective on Attention Allocation Among Multiple Goals: An Exploratory Examination of the Automotive Industry Songcui Hu · 2012

25 shared references · rank 4 of 347

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Less Likely to Fail: Low Performance, Firm Size, and Factory Expansion in the Shipbuilding Industry Pino G. Audia, Henrich R. Greve · 2006

24 shared references · rank 5 of 347

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149
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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

24 shared references · rank 6 of 347

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Positional rigidity: low performance and resource acquisition in large and small firms Henrich R. Greve · 2010

23 shared references · rank 7 of 347

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

23 shared references · rank 8 of 347

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Comparing Aspiration Models: The Role of Selective Attention Mark Washburn, Philip Bromiley · 2011

22 shared references · rank 9 of 347

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Disentangling Risk and Change Aleksandra Kacperczyk, Christine M. Beckman, Thomas P. Moliterno · 2014

22 shared references · rank 10 of 347

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CEO option wealth and firm risk-taking: An analysis of multiple reference points Elizabeth Lim · 2017

21 shared references · rank 11 of 347

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How Firm Performance Affects Internationalization Jae C. Jung, Pratima Bansal · 2009

20 shared references · rank 12 of 347

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The Dynamics of the Performance–Risk Relationship Within a Performance Period: The Moderating Role of Deadline Proximity David W. Lehman et al. · 2011

20 shared references · rank 13 of 347

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Managerial Risk, Innovation, and Organizational Decline Scott Latham, Michael Braun · 2008

20 shared references · rank 14 of 347

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Conclusion Henrich R. Greve · 2003

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Model Henrich R. Greve · 2003

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Advanced topics Henrich R. Greve · 2003

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Foundations Henrich R. Greve · 2003

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Introduction Henrich R. Greve · 2003

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A comparison of alternative measures of organizational aspirations Philip Bromiley, Jared D. Harris · 2013

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Co-citation

Records cited together by the same public-snapshot records.

The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012

12 shared citing records · rank 1 of 115

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All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014

11 shared citing records · rank 2 of 115

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A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003

11 shared citing records · rank 3 of 115

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Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016

10 shared citing records · rank 4 of 115

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Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007

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Less Likely to Fail: Low Performance, Firm Size, and Factory Expansion in the Shipbuilding Industry Pino G. Audia, Henrich R. Greve · 2006

10 shared citing records · rank 6 of 115

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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

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Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners Joel A. C. Baum et al. · 2005

9 shared citing records · rank 8 of 115

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

8 shared citing records · rank 9 of 115

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New product introductions below aspirations, slack and R&D alliances: A behavioral perspective Beverly B. Tyler, Turanay Caner · 2015

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Entering new markets: The effect of performance feedback near aspiration and well below and above it Ohad Ref, Zur Shapira · 2016

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Incentives to Cheat: The Influence of Executive Compensation and Firm Performance on Financial Misrepresentation Jared D. Harris, Philip Bromiley · 2007

8 shared citing records · rank 12 of 115

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A comparison of alternative measures of organizational aspirations Philip Bromiley, Jared D. Harris · 2013

8 shared citing records · rank 13 of 115

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Self-Enhancement and Learning from Performance Feedback Alexander Jordan, Pino G. Audia · 2012

8 shared citing records · rank 14 of 115

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Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

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Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998

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Biased interpretation of performance feedback: The role of CEO overconfidence Christian Schumacher, Steffen Keck, Wenjie Tang · 2020

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Deviant versus Aspirational Risk Taking: The Effects of Performance Feedback on Bribery Expenditure and R&D Intensity Dean Xu, Kevin Zheng Zhou, Fei Du · 2018

7 shared citing records · rank 18 of 115

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Contradictory yet Coherent? Inconsistency in Performance Feedback and R&D Investment Change Gerardus J. M. Lucas, Joris Knoben, Marius T.H. Meeus · 2015

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A Behavioral Theory of the Firm—40 Years and Counting: Introduction and Impact Linda Argote, Henrich R. Greve · 2007

7 shared citing records · rank 20 of 115

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