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作者：Zhang, Ziheng; Mount, Matthew P.; Zhang, Stephen X.
作者单位：Nankai University; University of Adelaide; Baylor University
摘要：Research SummaryUnderstanding the antecedents and consequences of executive turnover is an important topic in strategy research. Yet, due to limitations in data availability, we know little about the turnover and dismissal of executives beyond the CEO. To address this, we develop an open access database on CFO turnover and dismissal-given the unique interface CFOs form with CEOs as strategic partners-in S&P 1500 firms between 2000 and 2022. We search for media documentation of CFO turnover eve...
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作者：Lee, Yonghoon G.; Choi, Joon Nak
作者单位：Texas A&M University System; Texas A&M University College Station; Hong Kong University of Science & Technology
摘要：Research SummaryManagers draw on their informal networks of peers outside of their firm to better understand uncertain markets and help their firms adapt. This helps firms enhance their performance in information environments characterized by idiosyncratic and difficult-to-standardize soft information. However, in information environments characterized by standardized hard information, joint discussions facilitated by informal networks can make managers and their firms maladaptive towards unce...
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作者：Klein, Sascha P.; Spieth, Patrick; Ricart, Joan Enric; Noble, Charles H.
作者单位：Universitat Kassel; University of Navarra; IESE Business School; University of Tennessee System; University of Tennessee Knoxville
摘要：Research SummaryPrior research indicates that negative media coverage of business activities encourages a firm to engage in strategic change, but the conditions for this strategic focus have drawn less scholarly attention. Considering a firm's business model design (BMD) with distinct sources for value creation, we argue that the effect of negative media coverage on strategic change is contingent on the BMD. An analysis of longitudinal data from 96 established firms shows that novelty-centered...
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作者：Qian, Cuili; Liu, Yilin; Takeuchi, Riki; Wu, Junfeng
作者单位：University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Dallas
摘要：Research SummaryWe integrate social comparison theory into stakeholder research to develop a multi-stakeholder, multidimensional framework to investigate how firms' relative treatment of employees affects employee whistleblowing. We theorize that a higher compensation disparity between the CEO and employees and treatment disparity between external stakeholders and employees will decrease employees' loyalty, leading to more external whistleblowing. The effects will be amplified with increased e...
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作者：Rocha, Vera; Brymer, Rhett Andrew
作者单位：Copenhagen Business School; University System of Ohio; University of Cincinnati
摘要：Research Summary: Founders often tap their prior employment or educational affiliations to facilitate employee mobilization and post-hiring integration. But, how do these affiliation-based hiring (ABH) tactics relate to venture performance? We theorize that ABH generally helps founders fulfill relational and resource goals, yet differently depending on the type and proximity of the affiliation they share with new hires. We leverage Danish employer-employee data and test our hypotheses with a s...
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作者：Wu, Wenxin; Wang, Heli; Tong, Li; Zhang, Yanlong
作者单位：Tongji University; Singapore Management University; Peking University
摘要：Research SummaryPrior research generally suggests that addressing shareholder interests may come at the expense of non-shareholding stakeholders. Our study challenges this notion by examining how shareholder interests, alongside those of other stakeholders, may align with social issue engagement. Specifically, we explore the relationship between legitimacy challenges (i.e., shareholder activism and social disapproval) and firm strategies in social issue engagement. We find that shareholder act...
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作者：Gutierrez, Cedric; Obloj, Tomasz; Zenger, Todd
作者单位：Bocconi University; Bocconi University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Utah System of Higher Education; University of Utah
摘要：Research Summary: This article investigates the productivity consequences of pay transparency. Tracking the research output of 20,000 US academics and leveraging staggered shocks to transparency, we show that productivity responses vary predictably based on what pay transparency reveals. We reject a hypothesis that pay transparency leads to a decline in productivity. Rather, we find that those who transparency reveals to be inequitably overcompensated subsequently increase their effort, while ...
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作者：Cheng, Si; Jandhyala, Srividya
作者单位：Copenhagen Business School; ESSEC Business School
摘要：Research SummaryHow do firms assess their institutional environments? Beyond domestic cues, we examine the role of international institutions. In the global investment treaty regime, foreign firms can bring legal claims against sovereign states in international venues for alleged property rights violations. We argue that rulings by international tribunals in favor of or against the state provide domestic observer firms additional cues about property rights protection and the legitimacy of stat...
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作者：Coles, Ryan; Hiatt, Shon R.; Raines, Grady W.; Sine, Wesley D.
作者单位：University of Connecticut; University of Southern California; Cornell University
摘要：Research SummaryEntrepreneurs must navigate complex environmental shifts that significantly impact firm survival. In this paper, we investigate how different firm-level logics influence new venture survival in Jordan during changing social and economic conditions, such as a refugee influx. Our study reveals that these shifting environmental dynamics can differentially alter the performance outcomes of firms based on their internal logics that drive venture strategy. This dynamic relationship u...
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作者：Nava, Lucrezia; Chiapetti, Jorge; da Rocha, Rui Barbosa; Tampe, Maja
作者单位：University of Exeter; Universidade Estadual de Santa Cruz; Universidade Estadual de Santa Cruz; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要：Research SummaryResearch on organizational climate change adaptation has focused on high-income nations, neglecting vulnerable regions already facing severe climate impacts. This study addresses this gap by examining how decision-makers in vulnerable contexts respond to climate change, drawing on a unique panel dataset of over 3000 agricultural producers in Brazil. Using an abductive mixed-methods approach, we develop a framework that explains how, contrary to findings from high-income context...
