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• W4207030146 endingPage "101308" @default.
• W4207030146 startingPage "101308" @default.
• W4207030146 abstract "We investigate how organizational goal setting impacts slack resource allocation between markets at home and overseas, and argue that organizational goals, publicly announced, impact managers’ evaluations of resource allocation opportunities. Based on a sample of Chinese publicly listed manufacturing firms for the period 2010 to 2016, we find that when firms announce publicly a sales increasing goal as their priority, their attention will be focused on this goal with a tendency to invest the firm's slack resources locally. This tendency to invest slack resources locally is enhanced if the announced goal is not achieved, but is not achieved with a minor discrepancy. However, if the goal is not achieved, and with a major discrepancy, managers will likely conduct problemistic search and look to foreign locations to invest the firm's slack resources to achieve this goal. We also find the impact of organizational goal setting is more salient for SOEs and is dependent on levels of remuneration in the firm. As such, we revisit the importance of organization goals and the resource allocation decision in the firm which has not received the research attention one may have expected." @default.
• W4207030146 created "2022-01-26" @default.
• W4207030146 creator A5008922591 @default.
• W4207030146 creator A5051900654 @default.
• W4207030146 date "2022-04-01" @default.
• W4207030146 modified "2023-10-11" @default.
• W4207030146 title "Organizational goals and resource allocation to overseas foreign direct investment" @default.
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• W4207030146 doi "https://doi.org/10.1016/j.jwb.2022.101308" @default.
• W4207030146 hasPublicationYear "2022" @default.
• W4207030146 type Work @default.

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