-
作者：Boulton, Thomas J.; Smart, Scott B.; Zutter, Chad J.
作者单位：University System of Ohio; Miami University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：We study the impact of country-level accounting conservatism on international IPO underpricing. Examining 13,285 IPOs from 36 countries, we find that IPOs are underpriced less in countries in which existing public firms practice more accounting conservatism. The link between conservatism and underpricing is robust to alternative measures of conservatism, country mean regressions, sample country exclusions, and endogenous treatment models. Consistent with the hypothesis that conservatism reduce...
-
作者：Huang, Laura; Gibson, Cristina B.; Kirkman, Bradley L.; Shapiro, Debra L.
作者单位：University of Pennsylvania; University of Western Australia; North Carolina State University; University System of Maryland; University of Maryland College Park
摘要：Team innovation requires idea generating and idea implementing. In two studies, we examine how these team activities are affected by the extent to which members value traditionalism - that is, placing importance on preserving old ways of doing things over breaking precedent and forging new approaches. We proposed that higher average levels of team traditionalism would be negatively associated with idea generating but positively associated with idea implementing. Conversely, we proposed the opp...
-
作者：Aguinis, Herman; Cascio, Wayne F.; Ramani, Ravi S.
作者单位：George Washington University; University of Colorado System; University of Colorado Denver; University of Colorado Anschutz Medical Campus; Children's Hospital Colorado
摘要：International business is not immune to science's reproducibility and replicability crisis. We argue that this crisis is not entirely surprising given the methodological practices that enhance systematic capitalization on chance. This occurs when researchers search for a maximally predictive statistical model based on a particular dataset and engage in several trial-and-error steps that are rarely disclosed in published articles. We describe systematic capitalization on chance, distinguish it ...
-
作者：Pant, Anirvan; Ramachandran, J.
作者单位：Indian Institute of Management (IIM System); Indian Institute of Management Calcutta; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要：Multinational subsidiaries do not merely seek legitimacy within their dual institutional contexts; they also strive to articulate an organizational identity by drawing on institutional resources embedded in these dual contexts. We draw attention to the subsidiary's identity duality and conceptualize it as a paradox, i.e., as the juxtaposition of the contradictory, interdependent, and persistent characteristics of the 'global' and the 'local' in the subsidiary's identity. Using 57 years of arch...
-
作者：Griffin, Dale; Guedhami, Omrane; Kwok, Chuck C. Y.; Li, Kai; Shao, Liang
作者单位：University of British Columbia; University of South Carolina System; University of South Carolina Columbia; Hong Kong Baptist University
摘要：It is well known that firm-level corporate governance practices vary mainly between rather than within countries, but country-level factors such as legal and financial institutions explain less than 50% of this cross-country variation. In this article we show that two dimensions of national culture - individualism and uncertainty avoidance - capture about 90% of the country fixed effects and outperform the country-level explanatory variables used in prior literature. We argue that culture work...
-
作者：Xia, Tianjiao; Liu, Xiaohui
作者单位：Loughborough University; Southwestern University of Finance & Economics - China
摘要：Competition plays an important role in creating conditions favourable to innovation. However, is this the case for all types of competition? While recognizing the importance of competition in innovation, we address this question by examining the impact of foreign and domestic competition on the innovation performance of private high-tech new ventures. We argue that the impact of foreign and domestic competition on the innovation performance of local private firms may vary, due to the different...
