-
作者:Connelly, Brian L.; Lee, Kang Bok; Tihanyi, Laszlo; Certo, S. Trevis; Johnson, Jonathan L.
作者单位:Auburn University System; Auburn University; Auburn University System; Auburn University; Texas A&M University System; Texas A&M University College Station; Texas A&M University System; Texas A&M University College Station; Mays Business School; Arizona State University; Arizona State University-Tempe; University of Arkansas System; University of Arkansas Fayetteville
摘要:Economists have long held that bringing firms under the umbrella of a common ownership structure creates monopolistic conditions that reduce competition. We challenge this view by investigating competition between firms in a nuanced manner. We examine the competitive and performance implications of common institutional ownership, which occurs when an institutional investor owns a sizeable number of shares in two publicly traded firms. We argue that rival firms with common ownership structures ...
-
作者:Troester, Christian; Parker, Andrew; Van Knippenberg, Daan; Sahlmuller, Ben
作者单位:Kuhne Logistics University; University of Exeter; Drexel University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; Kuhne Logistics University
摘要:Research has shown that employees who occupy more central positions in their organization's network have lower turnover. As a result, scholars commonly interpret turnover as the consequence of social networks. Based on conservation of resources theory, we propose an alternative coevolution perspective that recognizes the influence of changes in individuals' social network position on their thoughts of quitting (the consideration of turnover), and which also posits that thoughts of quitting sha...
-
作者:Wang, Taiyuan; Zatzick, Christopher D.
作者单位:China Europe International Business School; Simon Fraser University
摘要:Newcomers contribute to organizational innovation by bringing in new knowledge and ideas, on the one hand, and by collaborating and exchanging with incumbents, on the other. We propose that an organization's ability to use these contributions is influenced by hiring rate, hiring rate change, and hiring rate dispersion, which affect both the flow of new ideas into the organization and the level of collaboration between newcomers and incumbents. Using four years of data from a large, multi-indus...
-
作者:Li, Yong; Hernandez, Exequiel; Gwon, Sunhwan
作者单位:Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; University of Pennsylvania; Korea University
摘要:Research has shown that firms typically expand into foreign locations with sizeable coethnic communities. However, in many cases the ethnic community influences the investment choice of the same firm in one location but not another. We offer an institutional lens to explain this heterogeneity. Ethnic groups function like informal institutions that facilitate transactions between foreign firms and customers, suppliers, and information providers through interpersonal exchange. Relying on ethnic ...
-
作者:Chang, Edward H.; Milkman, Katherine L.; Chugh, Dolly; Akinola, Modupe
作者单位:University of Pennsylvania; New York University; Columbia University
摘要:Across a field study and four experiments, we examine how social norms and scrutiny affect decisions about adding members of underrepresented populations (e. g., women, racial minorities) to groups. When groups are scrutinized, we theorize that decision makers strive to match the diversity observed in peer groups due to impression management concerns, thereby conforming to the descriptive social norm. We examine this first in the context of U.S. corporate boards, where firms face pressure to i...
-
作者:Nadkarni, Sucheta; Pan, Lingling; Chen, Tianxu
作者单位:University of Cambridge; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Portland State University
摘要:Research has focused predominantly on the influence of the language firms use in their announcements on the reactions of constituents such as shareholders and the media. We extend this research by examining a new form of linguistic construction-temporal framing-in the context of competitive interactions. Building on intertemporal choice theory, we theorized and tested how a focal firm's temporal framing of its competitive action announcements affects rivals' response speed. We examined three d...
-
作者:Brands, Raina A.; Mehra, Ajay
作者单位:University of London; London Business School; University of Kentucky; University of Kentucky
摘要:We present a new theory that seeks to explain differences in the performance of men and women friendship network brokers-individuals who bridge disconnected friends. In contrast to previous audience-centered explanations, our phenomenological theory emphasizes how brokers construe (i.e., perceive and interpret) their networks. We contend that when women perceive themselves as brokers in friendship networks they experience threat, rooted in negative stereotypes about women brokers, which underm...
-
作者:Jia, Nan; Huang, Kenneth G.; Zhang, Cyndi Man
作者单位:University of Southern California; National University of Singapore; National University of Singapore; Singapore Management University
摘要:Innovation activities create substantial firm value, but they are difficult to manage owing to agency risk, which is commonly thought to result in shirking, and hence underinvestment in innovation. However, agency risk can also create inefficient allocation of resources among innovation activities, on which the literature has provided limited understanding. We examine an important outcome created by agency risk-that agents pursue quantity of innovation at the expense of novelty-and investigate...
-
作者:Krause, Ryan; Wu, Zhiyan; Bruton, Garry D.; Carter, Suzanne M.
作者单位:Texas Christian University; Texas Christian University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Texas Christian University; Jilin University; Sun Yat Sen University; Texas Christian University; Texas Christian University
摘要:Institutional theorists have long recognized that board interlocks serve as conduits of information, which can facilitate mimetic isomorphism under conditions of uncertainty. In contrast, the potential for coercive isomorphism-which is a response to direct coercion rather than uncertainty-to spread through board interlocks remains unknown. Drawing on the forced compliance literature from social psychology, we propose that coercive isomorphism exhibits a ripple effect, whereby conforming to coe...
-
作者:Crosina, Eliana; Pratt, Michael G.
作者单位:Babson College; Babson College
摘要:Focusing on the post-bankruptcy reactions of former Lehman Brothers' bankers, we build a model of organizational mourning that depicts the thoughts, feelings, and actions of individual members dealing with the loss of their organization. We argue that organizational mourning is a process comprised of five interrelated phases, namely: (1) experiencing the death event, (2) remembering the organization, (3) assessing loss, (4) salvaging: evaluate and restore, and (5) creating continuity and deta...