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Vicarious learning from the failures and near-failures of others: evidence from the U.S. commercial banking industry
We examine whether organizations vicariously learn from near-failures and failures of others. We propose that the impact of such failure-related experience depends on the geographic market and industry origin of the experience. Our findings indicate that the local failure-related experience of both banks and thrifts have higher survival-enhancing learning value for banks than nonlocal experience, supporting the value of accessibility and applicability for useful learning. Bank near-failure experience had more value than bank failure experience, but thrift failure and near-failure experience had equivalent impact, suggesting that the learning impact of types of failure-related experience varies with its industry origin.Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | The Academy of Management., |
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Edisi | - |
Subjek | Bank failures Industrial management Banks & Banking Business failures Failure Mismanagement |
ISBN/ISSN | 14273 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |