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作者：Barkema, Harry G.; Schijven, Mario
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Tilburg University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of London; London School Economics & Political Science
摘要：Building on behavioral theory, we study when and how firms unlock synergy from acquisitions over extended periods of time. We argue that initial integration is inevitably suboptimal and that, as a result, acquisitive growth decreases an acquirer's performance, eventually forcing it to engage in organizational restructuring to more fully unlock the synergistic potential. Hence, we conceptualize organizational restructuring as a second stage in the integration process. Moreover, we theorize abou...
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作者：Cannella, Albert A., Jr.; Park, Jong-Hun; Lee, Ho-Uk
作者单位：Tulane University; Sogang University; Yonsei University
摘要：Prior findings on the association between top management team (TMT) functional diversity and firm performance have been inconsistent. We consider the moderating effects of internal context (colocation of TMT members) and external context (environmental uncertainty) on the TMT diversity-firm performance relationship. Additionally, we consider both dominant and intrapersonal functional diversity. In our results from 207 U.S. firms in 11 industries, the effects of TMT functional diversity on firm...
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作者：Iyer, Dinesh N.; Miller, Kent D.
作者单位：University System of Ohio; Ohio University; Michigan State University; Michigan State University's Broad College of Business
摘要：Investigating behavioral explanations for the timing of corporate acquisitions, we focus on the effects of performance relative to aspiration level, slack, and proximity to bankruptcy. We used event history modeling to explain the hazard of acquisitions among U.S. manufacturing firms from 1980 to 2000. Results indicate acquisition activity increases as performance rises among firms performing below aspirations, but falls among firms performing above aspirations. Slack has a positive relation w...
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作者：Jarzabkowski, Paula
作者单位：Aston University
摘要：Research on top managers' strategizing behavior has addressed how they shape either the structural context: or the interpretations of organization members. I offer a structuration theory framework integrating these two partial explanations and treating strategy shaping as socially dynamic. A qualitative seven-year analysis of top managers in three universities shows a sequential pattern of shaping strategy first in the action and then in the institutional realm, and also a simultaneous pattern...
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作者：Jensen, Michael
作者单位：University of Michigan System; University of Michigan
摘要：This study examines how incumbent firms use relational discrimination to manage threats from market entry. The use of relationships to manage market entry implies that incumbent firms decide to collaborate with entering firms instead of incumbent firms on the basis of the extent to which entering firms threaten their own market positions. I argue that incumbent firms seeking collaborators switch between favoring and disfavoring entering firms compared to incumbent firms depending on their soci...
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作者：Lee, Tae Heon; Gerhart, Barry; Weller, Ingo; Trevor, Charlie O.
作者单位：University of North Carolina; North Carolina Central University; University of Wisconsin System; University of Wisconsin Madison; Free University of Berlin; University of Wisconsin System; University of Wisconsin Madison
摘要：In response to traditional approaches' limited success in explaining voluntary turnover, we explored a paradigmatic shift in turnover research. Using a large national sample, we found we could more successfully model voluntary turnover by recognizing that job (dis)satisfaction and ease of movement importance depend on the group of leavers being studied. For example, ongoing job satisfaction had smaller effects for turnover driven by certain shocks (unsolicited job offers and family-related rea...
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作者：Cording, Margaret; Christmann, Petra; King, David R.
作者单位：Rice University; Rutgers University System; Rutgers University New Brunswick; United States Department of Defense; United States Air Force; US Air Force Research Laboratory
摘要：Integration is a difficult process, but one that is vital to acquisition performance. One reason acquirers encounter difficulties is that the integration process exhibits high levels of intrafirm linkage ambiguity-a lack of clarity in the causal link between integration decisions and their performance outcomes. We introduce the construct of intermediate goals as a mechanism that reduces intrafirm linkage ambiguity. Our structural model results, based on a sample of 129 horizontal acquisitions,...
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作者：Kaplan, Sarah
作者单位：University of Pennsylvania
摘要：This study examines how CEO cognition, organizational capabilities, and organizational incentives interacted to shape firm strategy during the fiber-optic revolution. I tested for these factors' association with subsequent investment in optical technologies using longitudinal data from 71 communications firms. Results show that each is separately important in shaping outcomes, and their alignment toward the adoption of a new technology leads to the greatest levels of change. In addition, cogni...
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作者：Mesquita, Luiz F.; Brush, Thomas H.
作者单位：Arizona State University; Arizona State University-Tempe; Purdue University System; Purdue University
摘要：We untangle safeguard and coordination effects of interfirm governance mechanisms in the context of hazardous buyer-supplier relationships. We propose that the extent to which such mechanisms prevail as safeguards or coordination devices varies with the moderating effects of complexity and asset specificity. In nonspecific but complex exchanges, such mechanisms operate more as coordination mechanisms, whereas in specific, noncomplex ones, they are safeguard mechanisms. Through a system of math...
