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作者：Pacheco-De-Almeida, Goncalo; Henderson, James E.; Cool, Karel O.
作者单位：New York University; International Institute for Management Development (IMD); INSEAD Business School
摘要：We examine how time-consuming resource accumulation influences the classic strategy trade-off between commitment and flexibility. In particular, using 1975-95 data from the worldwide petrochemical industry, we study the impact of new plants' time-to-build on firms' decisions to invest under uncertainty. Our results suggest a nontrivial positive effect of resource accumulation lags on investment. Contradicting conventional wisdom, we show that competition may be fiercer in industries in which A...
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作者：Jensen, Michael; Roy, Aradhana
作者单位：University of Michigan System; University of Michigan
摘要：This study models the choice of exchange partners as a staged process in which a firm first uses status to screen potential partners and then uses reputation to choose a specific firm within the chosen status bracket. We examine our model in the context of the U.S. audit industry and choices of new auditors by former clients of Arthur Andersen following its collapse in 2002. We show that accountability to powerful market institutions is an important determinant of the choice of status bracket,...
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作者：Bouquet, Cyril; Birkinshaw, Julian
作者单位：York University - Canada; University of London; London Business School
摘要：This study investigates how foreign subsidiaries gain attention from corporate headquarters. Using detailed questionnaire and archival data on 283 subsidiaries of multinational enterprises, our analysis revealed three significant findings. First, attention decisions are partially based on the structural positions that subsidiary units occupy within a corporate system-their weight. Second, a subsidiary also has a voice of its own that it can use to attract attention. Third, the relationship bet...
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作者：Kang, Eugene
作者单位：Nanyang Technological University
摘要：I examined the spillover of reputational penalties between firms in the context of financial reporting fraud. Drawing from signaling and attribution theories, I used financial event study methodology and found significant reputational penalties in 45 (18.4%) out of 244 firms with director interlocks to 30 firms accused of financial reporting fraud in the United States. Furthermore, logistic regression analysis suggested that firms thus associated with accused firms were more likely to experien...
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作者：McDonald, Michael L.; Khanna, Poonam; Westphal, James D.
作者单位：State University System of Florida; University of Central Florida; Arizona State University; Arizona State University-Tempe; University of Michigan System; University of Michigan
摘要：This article contributes to the social networks literature by examining how corporate governance factors influence CEOs' external advice-seeking behaviors. We incorporate insights from social networks research into an agency theory perspective to predict, and demonstrate empirically, that governance factors recommended by agency theory increase CEOs' tendencies to seek out advice contacts who are likely to offer perspectives on strategic issues that differ from their own; these advice-seeking ...
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作者：Greve, Henrich R.
摘要：According to the behavioral theory of the firm, managers pay sequential attention to goals and apply aspiration levels to each goal. Although many goals have been proposed for organizations, research has so far concentrated on profitability. Here it is proposed that managers form an aspiration level for size through social comparison. This proposal leads to predictions on how performance and size goals jointly affect growth. Supporting this sequential attention hypothesis, evidence from the ge...
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作者：Ling, Yan; Simsek, Zeki; Lubatkin, Michael H.; Veiga, John F.
作者单位：George Mason University; University of Connecticut; emlyon business school
摘要：Research about transformational CEOs' impact on firm-level outcomes, particularly corporate entrepreneurship, has been equivocal, partially because the underlying mechanisms remain largely unexplored. Given that the individuals most closely influenced by a firm's CEO are its top management team (TMT) members, we focus on the CEO-TMT interface as a salient intervening mechanism. We posit that transformational CEOs influence TMTs' behavioral integration, risk propensity, decentralization of resp...
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作者：Beck, Nikolaus; Bruederl, Josef; Woywode, Michael
作者单位：Universita della Svizzera Italiana; University of Mannheim; University of Mannheim
摘要：Research on organizational change has consistently shown that prior change increases the probability of further change, which supports the view that repetitive momentum governs change processes. We challenge this consensus, offering theoretical arguments for the opposite: Change propensity decreases as changes accumulate. We argue that unobserved heterogeneity in the inherent change propensity of organizations has biased prior results. Analyses of three data sets yielded positive effects of pr...
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作者：Chua, Roy Yong Joo; Ingram, Paul; Morris, Michael W.
作者单位：Columbia University
摘要：This article investigates the configuration of cognition- and affect-based trust in managers' professional networks, examining how these two types of trust are associated with relational content and structure. Results indicate that cognition-based trust is positively associated with economic resource, task advice, and career guidance ties, whereas affect-based trust is positively associated with friendship and career guidance ties but negatively associated with economic resource ties. The exte...
