COSMETIC, SPECULATIVE, AND ADAPTIVE ORGANIZATIONAL-CHANGE IN THE WINE INDUSTRY - A LONGITUDINAL-STUDY

In this longitudinal study of the California Wine industry between 1946 and 1984, we used event-history analysis to examine the joint effect of organizational characteristics and of environmental variation on organizational change. Organizational change was assessed with two forms of diversification and with land acquisition and divestment. We then examined the joint effects of organizational characteristics and of organizational change on the probability of disbanding to see if either predicted organizational disbanding. We found evidence of organizational change that is responsive to environmental variation but little evidence that such organizational change affects the probability of disbanding.