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作者：Garg, Sam; Bingham, Christopher B.
作者单位：ESSEC Business School; University of North Carolina; University of North Carolina Chapel Hill
摘要：Research SummaryThis article explores how new venture leaders foster positive CEO-board relationships, a critical yet underdeveloped topic in governance research. We examine the ongoing interactions between first-time CEOs and their boards, focusing on the tension between boards' need for influence and transparency and CEOs' desire for autonomy and control. Introducing the concept of relationship cycles, we demonstrate how early interactions create virtuous or vibcious feedback loops that shap...
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作者：Hann, Rebecca N.; Subasi, Musa; Zheng, Yue
作者单位：University System of Maryland; University of Maryland College Park; Hong Kong University of Science & Technology
摘要：Research SummaryUsing a novel dataset that provides a comprehensive coverage of U.S. firms' industrial supply chain relationships, we find that firms with innovation specific to a buyer are more likely to share a common director with that buyer. This association is stronger when the buyer has a larger number of alternative suppliers. We further find that when a supplier-buyer pair shares a common director, the supplier's R&D investment is more sensitive to the investment opportunities of its b...
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作者：Bruyaka, Olga; Zaynutdinova, Gulnara; Philippe, Deborah; Zachary, Miles
作者单位：West Virginia University; University of Lausanne; Auburn University; Auburn University System; Auburn University
摘要：Research SummaryThis article advances the understanding of alliance instability by integrating organizational stigma and signaling theories to explain unplanned alliance dissolution after potentially stigmatizing adverse events. We highlight the media as a key intermediary influencing whether partners stick together or break apart. We also argue that firm status and external corporate governance serve as signals that key stakeholders interpret differently, that is, amplifying media vilificatio...
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作者：Boivie, Steven; Gee, Inn Hee; Gentry, Richard J.; Graffin, Scott D.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Oklahoma System; University of Oklahoma - Norman; University of Mississippi; University System of Georgia; University of Georgia
摘要：Research SummaryWe examined whether or not directors' prior experiences with Chief Executive Officer (CEO) selection helps them to choose a higher-performing CEO. Using S&P 1500 firms from 1999 to 2020, we found that boards' prior experiences with hiring CEOs do not improve their ability to choose a higher-performing CEO; rather, their prior CEO selection experience has a small but consistent negative effect. At the same time, we found little evidence that the domain specificity of prior CEO s...
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作者：Lindlbauer, Niklas M.; Kor, Yasemin Y.; Singh, Kulwant
作者单位：University of London; King's College London; University of Cambridge; National University of Singapore
摘要：Research SummaryResource allocation inertia-firms' insufficient responsiveness in adjusting resource allocation across business units-hinders adaptation and competitive advantage. Yet, it is unclear why some firms are more prone to this inertia. We develop and test theory suggesting that resource allocation inertia increases with unrelated diversification, which arises when firms operate in multiple, unrelated industries, because of greater information complexity and HQ detachment. This disadv...
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作者：Eaglin, F. Christopher
作者单位：Duke University
摘要：Research SummaryThis article analyzes the impact of initial conditions on firm strategy selection and performance amongst small firms in emerging markets. Leveraging a proprietary dataset from a minibus taxi financier in South Africa, I estimate the impact of lower than expected fuel prices in the first 3 months of operation on a critical strategic choice: asset utilization. Firms receiving this fuel shock are more likely to operate fewer days, drive fewer kilometers, and work fewer hours. Thi...
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作者：Li, Jingyuan; Kim, Yong H.; Uribe, Jose
作者单位：The Chinese University of Hong Kong, Shenzhen; Texas A&M University System; Texas A&M University College Station; Mays Business School; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：Research SummaryWe propose that firms engaging in community corporate social responsibility (CSR) can acquire valuable local knowledge that improves their core operations. We test our proposition leveraging a unique context-the Securities Association of China's pairing assistance scheme under the country's targeted poverty alleviation program. Under this scheme, financial brokerage houses conducted community CSR in quasi-randomly matched impoverished regions. We find support for the local know...
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作者：Law, Christopher G.; Howell, Travis; Bingham, Chris; Bermiss, Y. Sekou
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Arizona State University-Tempe; Arizona State University; Arizona State University-Tempe; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：Research Summary: Black women are drastically underrepresented in entrepreneurship, prompting questions about what factors may increase their representation. In this study, we focus on one factor: working as an employee in a startup. While research shows that employment in startups increases the likelihood of founding one's own company, we explore whether this effect differs for Black women. Using abductive methods and a proprietary dataset from Venture For America, we find that the relationsh...
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作者：Argyres, Nicholas; Rios, Luis A.; Silverman, Brian S.
作者单位：Washington University (WUSTL); Purdue University System; Purdue University; University of Toronto
摘要：Research SummaryStrategy research has long been concerned with how firms build on the technological knowledge they create, and has focused on legal enforcement, complementary assets, and location decisions. Less attention has been paid to how internal firm structures support the appropriation of future cumulative innovations: what has been termed generative appropriability. Drawing on innovation and social network research, we propose that more integrated intrafirm inventor networks, and those...
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作者：Kim, J. Daniel; Pergler, Michael J.
作者单位：University of Pennsylvania
摘要：Research SummaryDue to their limited reputation as potential employers, startups struggle to generate interest (e.g., applications) from jobseekers. To help mitigate these frictions, employers can proactively reach out to jobseekers. In this study, we examine the relationship between firm-driven search and startups' hiring and retention of young workers. Using a unique empirical setting, we find that firm-driven search is associated with a higher likelihood of hiring. However, candidates sourc...
