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Stakeholder Management and Path Dependence in Organizational Transitions

Lamberg, Juha-Antti and Pajunen, Kalle and Parvinen, Petri and Savage, Grant T. (2008) Stakeholder Management and Path Dependence in Organizational Transitions. Management Decision, 46 (6). pp. 846-863. ISSN 0025-1747

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Official URL: http://www.emeraldinsight.com/0025-1747.htm

Abstract

This paper offers an explanatory process model of stakeholder management. The paper addresses an important research gap, exploring how stakeholder-related path dependencies influence the process of conflict escalation. Our theoretical work and a case illustration of the United Airlines and US Airways abandoned merger demonstrate that initial conditions are accentuated by the sequence of actions, offering a plausible explanation for process outcomes. On the practical side, the paper provides a problem-solving tool for stakeholder management to analyze the stakeholder linkages during strategic initiatives.

Item Type:Article
Additional Information:We thank the participants of the Ronald Coase Institute’s 2001 Workshop, the 2002 European Academy of Management Conference, and the 2005 Academy of Management BPS reviewers for their comments and insights. We are especially indebted to Mr. Timo Partanen for assistance in the collection of the interview data. Final definitive version published in Management Decision 46/6: 846-863.
Uncontrolled Keywords:stakeholder management, path dependence, airlines, mergers and acquisitions, case study
Subjects:L Industrial Organization > L9 Industry Studies; Transportation and Utilities > L93 Air Transportation
L Industrial Organization > L1 Market Structure, Firm Strategy, and Market Performance > L10 General
G Financial Economics > G3 Corporate Finance and Governance > G34 Mergers, Acquisitions, Restructuring, Corporate Governance
ID Code:31
Deposited By:Olli Turunen
Deposited On:27 Feb 2009 16:23
Last Modified:25 Oct 2009 16:28

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