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Keywords: Financial constraints
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Journal Articles
Journal:
Journal of Strategy and Management
Journal of Strategy and Management (2025) 18 (2): 410–429.
Published: 17 January 2025
...Min Suk Lee; Nongnapat Thosuwanchot Purpose This study examines the effect of financial constraints on firms’ decision to form strategic alliances as a choice of growth strategies. Drawing on agency theory, we argue that financially constrained firms engage in strategic alliances to a greater...
