Citation
(2013), "2012 Awards for Excellence", Journal of Strategy and Management, Vol. 6 No. 1. https://doi.org/10.1108/jsma.2013.35806aaa.001
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited
2012 Awards for Excellence
2012 Awards for Excellence
Article Type: 2012 Awards for Excellence From: Journal of Strategy and Management, Volume 6, Issue 1.
The following article was selected for this year's Outstanding Paper Award for Journal of Strategy and Management
“Economic recessions, strategy, and performance: a synthesis”
Scott Latham and Michael Braun
Purpose – Despite the episodic pervasiveness of recessions and their destructive impact on firms, a void exists in the management literature examining the intersection between recessions, strategy, and performance. This paper seeks directly to address this research void by reviewing relevant literature spanning the past 20 years and building an integrative framework for future research efforts.
Design/methodology/approach – The paper systematically reviews and compartmentalizes articles on the intersection between firm strategy and economic recession published between 1991 and 2010 in widely recognized management and entrepreneurship journals. Concurrently, a theoretical framework is proposed which identifies distinct constructs and linkages related to economic recessions, strategy, and performance.
Findings – The findings are twofold. First, the review distils disparate scholarly works on firm behavior and recessions to provide a systematic appraisal and review of what people know and do not know about managing firms through economic downturn. Second, the conceptual framework points to numerous opportunities to scholars interested in conducting research on this timely and important topic.
Practical implications – The paper answers a call by scholars for research that fills a void on systematic diagnosis, prescription, or prophylaxis that can guide managers through recessions.
Originality/value – This paper represents the only research initiative to systematically bring a comprehensive overview of firm strategy in the context of recessionary environments. In effect, it addresses the larger research question: “What do we know about the interplay between firm strategy and recession?”
This article originally appeared in Volume 4 Number 2, 2011, Journal of Strategy and Management
The following articles were selected for this year's Highly Commended Award
“Cost reduction vs innovative search in R&D”
Philip Bromiley and Mark Washburn
This article originally appeared in Volume 4 Number 3, 2011, Journal of Strategy and Management
“Real options logic in R&D project valuation: a useful tool for decision making through the lens of heuristics”
Jeffrey N. Street and Mukunthan Santhanakrishnan
This article originally appeared in Volume 4 Number 2, 2011, Journal of Strategy and Management
“Doing” strategy
Jonathan Pugh and L. Jay Bourgeois III
This article originally appeared in Volume 4 Number 2, 2011, Journal of Strategy and Management
Outstanding Reviewer
Dr Maria KapsaliImperial College London, UK
Professor Justin CraigBond University, Australia