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A Critical Review Of The Environmental Uncertainty Literature Since 1987


  • Derrick McIver

    (The University of Texas at San Antonio)

  • Katsuhiko Shimizu

    (The University of Texas at San Antonio)

  • Bongjin Kim

    (The University of Texas at San Antonio)


Environmental uncertainty has been a central construct of organizational theorists and strategic management researchers for many decades. The number of empirical studies using the uncertainty construct also continues to be significant. However, the confusion surrounding the conceptualization and measurement of the uncertainty construct remains a subject of scholarly debate. Through our comprehensive review of 77 empirical studies over the last 20 years and related theoretical and methodological work, we intend to (1) review the conceptualization trends and persisting issues that are apparent in uncertainty research, (2) review empirical issues particularly important to uncertainty work and illustrate how researches have or have not overcome some of these challenges, and (3) suggest directions for future research using the uncertainty construct.

Suggested Citation

  • Derrick McIver & Katsuhiko Shimizu & Bongjin Kim, "undated". "A Critical Review Of The Environmental Uncertainty Literature Since 1987," Working Papers 0067, College of Business, University of Texas at San Antonio.
  • Handle: RePEc:tsa:wpaper:0067

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    1. repec:bla:joares:v:37:y:1999:i:2:p:387-413 is not listed on IDEAS
    2. Holthausen, Robert W. & Watts, Ross L., 2001. "The relevance of the value-relevance literature for financial accounting standard setting," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 3-75, September.
    3. repec:bla:joares:v:37:y:1999:i:2:p:353-385 is not listed on IDEAS
    4. repec:bla:joares:v:37:y:1999:i:2:p:293-317 is not listed on IDEAS
    5. Collins, Daniel W. & Maydew, Edward L. & Weiss, Ira S., 1997. "Changes in the value-relevance of earnings and book values over the past forty years," Journal of Accounting and Economics, Elsevier, vol. 24(1), pages 39-67, December.
    6. Wayne R. Landsman, 2002. "Has the Information Content of Quarterly Earnings Announcements Declined in the Past Three Decades?," Journal of Accounting Research, Wiley Blackwell, vol. 40(3), pages 797-808, June.
    7. repec:bla:joares:v:37:y:1999:i:2:p:319-352 is not listed on IDEAS
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    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General


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