Fig. 1.1. A Display of (Extreme)...

Fig. 1.1.

A Display of (Extreme) Negative Outliers and Some Positive Outliers

Fig. 1.2.

Two Views of the Relationship Between Performance (Return) and Risk

Fig. 4.1.

The ROA Distributions (Frequency Diagrams) in the European Dataset for Specific Industries (SIC Divisions)

Fig. 4.2.

The ROA Distributions (Frequency Diagrams) in the North American Dataset for Specific Industries (SIC Divisions)

Fig. 6.1.

Frequency Diagrams of Net Income, Total Assets, and ROA (Annual Accounting Data 1995–2019)

Fig. AI.

Comparing Average Annual Data Points to Annual Data Points for the Full Period

Fig. 7.1.

A Central Planning Model of Strategic Adaptation

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Fig. 7.2.

An Interactive Updating Model of Strategic Adaptation

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Fig. 7.3.

Different Approaches to Strategic Adaptation

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Fig. 7.4.

The Effects of Adaptation Cost on Strategic Adaptation

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Fig. 7.5.

The Effects of Environmental Jolts on Strategic Adaptation

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Fig. 7.6.

The Effects of Environmental Conditions on Strategic Adaptation

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Fig. 7.7.

The Frequency Distributions of Simulated Performance Outcomes

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Fig. AI.

Cross-Sectional and Longitudinal Risk-Return Relations

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Fig. 9.1.

Plotting the Density Diagrams (Frequency Distributions) of Returns Across Manufacturing Firms

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Fig. 9.2.

Analyzing Risk-Return Relationships and Possible Moderating Effects

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Fig. 9.3.

Summary of Findings Across the Distribution of Performance Outcomes

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