Original paper

Give Them Some Slack—They’re Trying to Change! The Benefits of Excess Cash, Excess Employees, and Increased Human Capital in the Strategic Change Context

Volume: 63, Issue: 1, Pages: 181 - 204
Published: Feb 1, 2020
Abstract
We address calls for contextualization in the study of slack resources by examining the pursuit of strategic change as a contingency that shapes the effects of human resource (HR) slack and financial slack on firm performance. Using data on U.S. commercial banks from 2002 to 2014, we demonstrate that HR slack is more positively related to firm performance in firms pursuing strategic change, and that this relationship is stronger in the presence...
Paper Details
Title
Give Them Some Slack—They’re Trying to Change! The Benefits of Excess Cash, Excess Employees, and Increased Human Capital in the Strategic Change Context
Published Date
Feb 1, 2020
Volume
63
Issue
1
Pages
181 - 204
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