articleTop 1% cited
Managerial Resources and Rents
Journal of Management · 1991 · Vol. 17(1) · pp. 155–171
Richard P. Castanias✉(University of California, Davis)Constance E. Helfat(Northwestern University)
Abstract
This article analyzes the role of top management as a key resource in obtaining sustained, competitive advantage for thefirm. The nature of managerial skills is examined and linked to isolating mechanisms and firm rents. The article aims to refocus attention on the importance of managerial expertise as a rent-generating firm resource and implies greater alignment of top management-shareholder interests than in many applications of agency theory to the firm.
Corporate Finance and GovernanceEconomic Theory and InstitutionsEconomic rentBusinessIndustrial organizationAgency (philosophy)Competitive advantageResource (disambiguation)ShareholderKey (lock)Principal–agent problemTheory of the firm
Citations
1,088
FWCI
20.80
field-weighted impact
References
41
Percentile
99%
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Journal of the American Dietetic Association · 1994 · 46,509 citations
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