Problemistic search theory, with its roots in the Carnegie School tradition, describes a
behaviorally plausible process by which firms learn from performance feedback. A firm's …

This year, we celebrate the sixtieth anniversary of 'A Behavioral Theory of the
Firm'(BTF)(Cyert and March in A behavioral theory of the firm, Prentice Hall, Englewood …

Research based on the behavioral theory of the firm (BTOF) argues that firms will actively
adopt strategic actions to respond to performance that falls below aspirations, that is …

This study investigates how performance feedback––the discrepancy between aspiration
and actual performance––relates to firms' relative strategic emphasis on value-creation (VC) …

Capitalism is characterized by private ownership, coordination through markets, and
decentralized decision-making by buyers and sellers rather than the state. Capitalism is …

By complementing performance feedback theory with organizational pressure, we argue that
underperformance duration breaks the balance between growth pressure and survival …

Purpose This study investigates the relationships between environmental performance
feedback and green supply chain management (GSCM). It explores how environmental …

Abstract Building on Cyert and March's (1963) behavioral theory of the firm, we investigate
how firms adjust their exploratory and exploitative innovation activities in response to …

This study examines the interactive effect of CEOs' regulatory focus and corporate financial
performance (CFP) on the firm's corporate social responsibility (CSR). While prior research …

Building on the behavioral theory of the firm (BTF), our study investigated how firms adjust
their exploitation and exploration R&D internationalization in response to performance …