-
作者：Lanahan, Lauren; Armanios, Daniel
作者单位：University of Oregon; Carnegie Mellon University
摘要：An implicit assumption in institutional theory is that more certifications improve a venture's likelihood for success. However, under certain conditions, we argue more certifications may be detrimental to the venture's performance. We advance this notion by examining both who is doing the certification and, in turn, what information is revealed to others through the certification. Our study advances two new constructs based on varying instances of follow-on certification: certification broaden...
-
作者：Sevcenko, Victoria; Ethiraj, Sendil
作者单位：University of London; London Business School
摘要：How do firms benefit from employees with transferable skills? The prevailing view is that labor market frictions that impede employee mobility or strategies that constrain skill transferability are the primary instruments for firms to appropriate value from human capital. The empirical evidence, however, suggests that employees continue to be mobile, and firms pay premiums to attract and retain employees with transferable skills. To reconcile theory with data, we use data from the mutual fund ...
-
作者：Prato, Matteo; Ferraro, Fabrizio
作者单位：Universita della Svizzera Italiana; University of Navarra; IESE Business School
摘要：This study investigates the effects of high-status inbound mobility on the performance of incumbents. Leveraging sociological theory on status, we suggest that highstatus newcomers generate only limited knowledge spillovers compared to the resources they drain from incumbents. Building on this mechanism, we formulate our first hypothesis that hiring stars negatively affects incumbents' performance. We argue that this effect is asymmetric across incumbents. Because high-status incumbents can be...
