Melbourne Business School

About: Melbourne Business School is a based out in . It is known for research contribution in the topics: Bayesian probability & Copula (probability theory). The organization has 155 authors who have published 764 publications receiving 37402 citations.

Collective Action and Market Formation: An Integrative Framework

Abstract: While extant research recognizes the importance of collective action for market formation, it provides little understanding about when and to what extent collective action is important. In this paper, we develop a novel theoretical framework detailing what collective action problems and solutions arise in market formation and under what conditions. Our framework centers on the development of market infrastructure with three key factors that influence the nature and extent of collective action problems: perceived returns to contributions, excludability, and contribution substitutability. We apply our framework to diverse market formation contexts and derive a set of attendant propositions. Finally, we show how collective action problems and solutions evolve during market formation efforts and discuss how our framework contributes to strategic management, entrepreneurship, and organization literatures.

China’s Rise and Its Impact on South East Asian Businesses

Abstract: For centuries voyagers from China and India have brought goods, people, religions and cultures to the countries of South East Asia. In more modern times one of the most important visitors to the region was Deng Xiaoping, the Chinese leader who visited Bangkok, Kuala Lumpur and Singapore in November 1978. Deng was very impressed with Singapore’s economic development in particular, and in discussions with Singapore’s then Prime Minister Lee Kuan Yew, Lee described the policies that had allowed Singapore to rise quickly from a third world country to first world income status. During these meetings Lee also requested that Deng stop trying to export communism to the region, with political struggles in the region being a major source of instability.

The Shrinking of Middle Management

Abstract: We analyse a model in which (1) managers require experience in order to be productive; (2) providing managers with experience is costly and noncontractible. We demonstrate that if there is an increase in the mobility of managers, there may be a free-riding problem, in that each firm has too little incentive to give managers experience. Surprisingly, welfare may be higher in the state of the world with more mobility. We explore individual managers’ incentives to invest in generalizing their skills to improve their mobility.

Institutions and Leadership Really Matter: The Interdependency of Public and Corporate Governance in Indonesia

Abstract: Corporate Governance can only thrive in an environment where the rule of law prevails over personal power and relationships. Although one may argue that relationship-based governance plays an important role in an environment where law enforcement is weak, over time with the increase of participants in the industry and with the globalization of the Indonesian economy, one will need to embrace rule-based governance “best” practices embedded within well-functioning institutions. These widely accepted generic principles of transparency, responsibility, fairness and accountability are forming the norms in international business, while relationships will continue to play an indisputable role in ASEAN to allow firms access to scarce resources and ‘political’ connections. There is no one codified solution for all, but even Indonesia will need to implement those universal governance principles to attract investment and to remain competitive in a global context.

Placing self: How might we place ourselves differently in studying leadership?

Abstract: In this contribution to ‘Leading Questions’, I explore ‘place’ in leadership studies experimenting with a bifurcated textual presentation. I suggest that our writing about leadership comes from a mixture of internal and external, personal and geographic, places: ‘real’ and current as well as remembered and reconstructed. Making these places more explicit, I argue, is a form of identity work, facilitating reflexivity in leadership writing. It prompts us to ask questions. ‘Why am I interested in these aspects of leadership?’ ‘How do the places I have been inform and limit what I argue for?’ While the ‘top’ story/text in this piece makes these arguments in a formal academic discourse, the ‘bottom’ story seeks to enact it. The two stories come from different places (in me) and bring with them different voices. In their co-existence I seek to experiment with writing leadership differently, to reveal the dualities and duplicities in discourses, as well as the power and vulnerabilities that may be in play or repressed when we write about leadership. ———————————————————————————————————————— A last minute request to write an Abstract. I try to make what I’ve written/done sound like it’s come from a coherent argument, like it’s been planned. It hasn’t. I worry. What will readers think? The tag ‘confessional’ circulates menacingly above me. Have I gone too far? Or perhaps not far enough?