A basic theory of inheritance: How bad practice prevails
Strategic Management Journal, pp. 1603-1629, 2018.
Research Summary This paper develops an inheritance theory explaining the diffusion and persistence of detrimental management practice. Received wisdom, in both management theory and practice, would suggest that a practice that lowers the life expectancy of adopting firms, over time, will vanish because it puts those firms at a competitiv...More
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