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作者：Withers, Michael C.; Howard, Michael D.; Tihanyi, Laszlo
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：We investigate the impact of financial restatements as critical events that influence board interlock formation among Fortune 500 firms during the 2009-2013 period. Our empirical study is based on a longitudinal analysis of tie formation while accounting for dynamic changes in the behavior and characteristics of network nodes using stochastic actor-oriented models. We find that firms facing financial restatements experience disruption in network ties. However, social status helps mitigate thes...
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作者：Kulchina, Elena; Oxley, Joanne
作者单位：North Carolina State University; University of Toronto
摘要：We examine the managerial delegation decisions of foreign entrepreneurs and assess how these decisions are shaped by characteristics of the local product and labor market environment. We argue that actual or perceived home bias in court proceedings leads foreign entrepreneurs to place little reliance on formal contracts in their dealings with local agent-managers. Adopting the lens of relational contract theory, we develop hypotheses linking managerial delegation decisions to market conditions...
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作者：Ozmel, Umit; Yavuz, M. Deniz; Trombley, Tim; Gulati, Ranjay
作者单位：Purdue University System; Purdue University; Illinois State University; Harvard University
摘要：We argue that strong indirect ties are conducive to the transfer of private information, which provides an advantage in identifying profitable investment opportunities. In our context, a strong indirect tie is generated between an investor and a focal firm if the investor was a limited partner of the focal firm's lead venture capital fund. We suggest that an investor can access private information on the focal firm's underlying value through its strong indirect tie to the focal firm via the fo...
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作者：Quigley, Timothy J.; Wowak, Adam J.; Crossland, Craig
作者单位：University System of Georgia; University of Georgia; University of Notre Dame
摘要：Research examining board efficacy often focuses on oversight and monitoring, particularly as evidenced by the sensitivity of chief executive officer (CEO) compensation to prior firm performance. In this study, we adopt an alternative perspective on CEO compensation-specifically over/underpayment, or the extent to which a CEO's initial compensation is above or below prevailing market norms-that allows us to assess a board's efficacy via the accuracy of its initial CEO selection and compensation...
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作者：Tilieman, Suzanne G.; Russo, Michael, V; Neison, Andrew J.
作者单位：University of Montana System; University of Montana; University of Oregon
摘要：The relationship between regionally tied institutional logics and the location of organizations is an important issue in organization theory. Recent work highlights how supportive regional logics can give rise to products or organizations that resonate with these logics and how the geographic patterns that underlie industries may be understood by examining such relationships. This literature has not, however, offered deep attention to the ways in which features of technology-specifically, its ...
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作者：Kneeland, Madeline K.; Schilling, Melissa A.; Aharonson, Barak S.
作者单位：Cornell University; New York University; Tel Aviv University
摘要：Most innovation builds closely on existing knowledge and technology, delivering incremental advances on existing ideas, products, and processes. Sometimes, however, inventors make discoveries that seem very distant from what is known and well understood. How do individuals and firms explore such uncharted technological terrain? This paper extends research on knowledge networks and innovation to propose three main processes of knowledge creation that are more likely to result in discoveries tha...
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作者：Yan, Shipeng
作者单位：City University of Hong Kong
摘要：Although societies are becoming increasingly secularized, religion continues to play an important role worldwide. However, few studies have focused on how religion affects the entrepreneurial emergence novel markets. To address this gap, I examine the impact of Islam, as a decentralized belief system, on entrepreneurship in the context of developing Islamic investment fund markets across countries. I focus on religious diversity within Islam as an instance of intrainstitutional complexity and ...
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作者：Claes, Kim; Vissa, Balagopal
作者单位：Sungkyunkwan University (SKKU); INSEAD Business School
摘要：We ask how social similarity between start-up founders and venture capitalists (VCs) influences VCs' pricing decisions and returns on investments. We conceptualize how regional and caste similarity, two salient aspects of social similarity in India, affect two distinct aspects of deal pricing: premoney valuation and investors' downside risk protection in the Indian venture capital market. We theorize that VCs reflect the benefits and costs of social similarity by setting higher premoney valuat...
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作者：Younkin, Peter; Kashkooli, Keyvan
作者单位：University of Oregon; Santa Clara University
摘要：New entrants in established markets face competing recommendations over whether it is better to establish their legitimacy by conforming to type or to differentiate themselves from incumbents by proposing novel contributions. This dilemma is particularly acute in cultural markets in which demand for novelty and attention to legitimacy are both high. We draw upon research in organizational theory and entrepreneurship to hypothesize the effects of pursuing narrow or broad appeals on the performa...
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作者：Aharonson, Barak; Bort, Suleika; Woywode, Michael
作者单位：Xiamen University; Tel Aviv University; Technische Universitat Chemnitz; University of Mannheim
摘要：We theorize that vicarious learning theory provides a framework for understanding how small- and medium-sized start-ups can learn from the activity of a variety of regional actors, not just from the activity of colocated peer firms (i.e., other start-ups). Furthermore, we suggest that the magnitude of the impact of vicarious learning is influenced by a firm's own specific experience with a variety of actors. We use longitudinal data of the population of German biotechnology start-ups and pharm...
