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作者:Feldman, Emilie R.; Hernandez, Exequiel
作者单位:University of Pennsylvania
摘要:Value in mergers and acquisitions derives from the synergistic combination of an acquirer and a target. We advance the existing conceptualization of synergy in three ways. First, we develop a theoretically motivated, parsimonious typology of five distinct sources of synergy based on two underlying dimensions: the level of analysis at which valuable activities occur and the orientation by which those activities are governed. The typology uncovers three novel synergy sources (relational, network...
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作者:Campbell, Joanna T.; Aguilera, Ruth V.
作者单位:University System of Ohio; University of Cincinnati; Northeastern University; Universitat Ramon Llull
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作者:Bragaw, Nathan A.; Misangyi, Vilmos F.
作者单位:University of Delaware; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Strategic consensus has long been held by academics and managers alike as crucial for organizational effectiveness. Yet, studies have failed to consistently demonstrate this importance. These equivocal findings have been attributed to the lack of clarity of the strategic consensus construct. We contend that current notions of strategic consensus have broadened the construct to the point that it has become indistinguishable fromorganizational strategic climate, which is a distinct, but related,...
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作者:Rawski, Shannon L.; O'Leary-Kelly, Anne M.; Breaux-Soignet, Denise
作者单位:Western University (University of Western Ontario); University of Arkansas System; University of Arkansas Fayetteville; University of Arkansas System; University of Arkansas Fayetteville
摘要:The #MeToo movement has brought increased interest and urgency to research on workplace sexual harassment (SH). Although previous SH research is rich, there remain unanswered questions about how SH is defined, how it develops, and how it can be mitigated. Further, recent research on social sexual behavior (SSB), which establishes potential workplace benefits of SSB, has posed the challenge of distinguishing between positive SSB and SH. In this paper, using an interactional framing approach, we...
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作者:Aguilera, Ruth V.; Aragon-Correa, J. Alberto; Marano, Valentina
作者单位:Northeastern University; Universitat Ramon Llull; University of Granada; Northeastern University
摘要:In this essay, we review and discuss potential changes to dominant governance approaches that may help business leaders play a more active role in global sustainability issues. Instead of refining the ideas from traditional management paradigms, we seek to be intentionally provocative by bringing in fresh ideas from new, influential works on political philosophy to unlock businesses' ability to enhance the long-term sustainability of the communities where they operate. Collectively, the review...
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作者:John, Kose; Ross, David Gaddis
作者单位:New York University; State University System of Florida; University of Florida
摘要:Using a formal model, we develop a theory of how value capture by a firm with market or bargaining power dampens the incentives of other agents in its ecosystem, showing that the implications for value creation depend critically on the nature of the complementarities these agents generate. If complementarities are net positive, then dampening agents' incentives can dramatically reduce the value created in the ecosystem, even to zero-that is, the prospect of a firm's value capture may even prev...
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作者:David, Parthiban; Dharwadkar, Ravi; Duru, Augustine
作者单位:American University; Syracuse University; Syracuse University; American University
摘要:We integrate the governance and measurement branches in transaction cost economics to highlight how differences in performance measurement choices influence the governance of strategic assets, thereby affecting transaction costs. We develop our theory in the context of corporate governance in firms. Financiers of debt and equity employ market and hierarchical governance to safeguard generic and specific assets, respectively. Financial reporting choices constitute credible commitments to genera...
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作者:Kuan, Jennifer; Thornton, Jeremy
作者单位:California State University System; California State University Monterey Bay; Samford University
摘要:Nonprofit organizations provide various important social goods and services. Consequently, management and strategy scholars are increasingly interested in the nonprofit sector. Existing theories of nonprofit organizations posit multiple profit-deviating objective functions to explain below-cost pricing but these theories raise problems for management and strategy. Importantly, the literature provides scant guidance on how nonprofit managers should select objectives. We propose that nonprofits ...
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作者:Lewis, Marianne W.; Smith, Wendy K.
作者单位:University System of Ohio; University of Cincinnati; University System of Ohio; University of Cincinnati; University of Delaware; University of Delaware
摘要:Over the past decade, paradox theory has developed impressively. Such advances have been fueled by a rising collective experience of paradox-as change, scarcity and plurality intensify awareness of conflicting, interdependent and persistent forces-and by a global community of paradox scholars-notably creative, dedicated and mutually supportive. We are honored by the 2021 Decade Award. Our 2011 publication helped shape rigorous research while informing vexing challenges. In this manuscript, we ...
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作者:Sergeeva, Anastasia; Bhardwaj, Akhil; Dimov, Dimo
作者单位:Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Tilburg University; University of Bath; Reykjavik University