Network Strategies and Performance of Canadian Investment Banks

Network Strategies and Performance of Canadian Investment Banks

ANDREW V. SHIPILOV
INSEAD
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Academy of Management Journal, Vol. 49, No. 3, pp. 590-604, 2006


Abstract:
What implications does a firm's specialization have for firm performance achieved by spanning structural holes between its partners? By analyzing networks within the Canadian investment banking industry, I find that, in networks rich in structural holes, both specialists and generalists outperform banks of moderate specialization levels, and that generalist banks, in turn, perform better than specialists.


Keywords: Networks, alliances, structural holes, investment banks, specialists, generalists

Accepted Paper Series

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Suggested Citation
Shipilov, Andrew V., "Network Strategies and Performance of Canadian Investment Banks" . Academy of Management Journal, Vol. 49, No. 3, pp. 590-604, 2006 Available at SSRN: http://ssrn.com/abstract=1017089