Please use this identifier to cite or link to this item: https://doi.org/10.1007/s10490-009-9154-3
Title: Shock-imprinting: External shocks and ethnic Chinese business groups in Indonesia
Authors: Dieleman, M. 
Keywords: Business groups
Ethnic Chinese
Indonesia
Punctuated equilibrium
Issue Date: 2010
Source: Dieleman, M. (2010). Shock-imprinting: External shocks and ethnic Chinese business groups in Indonesia. Asia Pacific Journal of Management 27 (3) : 481-502. ScholarBank@NUS Repository. https://doi.org/10.1007/s10490-009-9154-3
Abstract: This paper examines the effect of external shocks on corporate strategy of ethnic Chinese business groups in the context of Indonesia. It reports on an in-depth, longitudinal, and comparative case study of four prominent Indonesian Chinese groups, all of which implemented major strategic changes in response to the Asian financial crisis. As theories emphasizing strategic continuity and strategic adaptation are only partially able to explain the results, an alternative explanation is offered. Results are generalized towards a novel notion of "shock-imprinting" which implies that companies continue to employ defensive strategies after an external shock has subsided. © 2009 Springer Science+Business Media, LLC.
Source Title: Asia Pacific Journal of Management
URI: http://scholarbank.nus.edu.sg/handle/10635/44729
ISSN: 02174561
DOI: 10.1007/s10490-009-9154-3
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