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作者：He, Tony L.
作者单位：Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要：Research SummaryThis study examines how corporate political influence in developed democracies is more likely to occur where visibility is lower, both in terms of the actors involved and of the points of influence in allocation processes. Using novel data on politically exposed persons across 28 European countries (2011-2017), I distinguish between elected and unelected political agents in shaping public procurement outcomes. Unelected agents, particularly aides, advisors, and administrative s...
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作者：Wang, Pengfei
作者单位：BI Norwegian Business School
摘要：Research SummaryPrior literature has long underscored the importance for market actors to establish clear identities. Extant studies mostly adopt a static view, assessing whether actors adhere to a specific prototype or membership. By stressing a dynamic perspective, we maintain that identities are in flux as actors constantly shift positions. Specifically, we emphasize that repositioning can induce identity ambiguity, undermining the accuracy of audience evaluation. Analyzing market repositio...
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作者：King, Andrew A.
作者单位：Boston University
摘要：Research Summary: Scholars have long investigated the possible benefits of corporate social responsibility (CSR). One of the most influential of these studies tests and supports the hypothesis that CSR increases access to finance. Yet, I show here that the finding is unsound because the report's empirical method limits what can be inferred from its analysis. I rectify a key weakness and replicate the study. I observe a cross-sectional association but find no evidence that CSR increases access ...
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作者：Balachandran, Sarath; Clement, Julien
作者单位：University of London; London Business School; Stanford University
摘要：Research SummaryWe investigate why firms imitating the same competitor's strategy in the same environment often replicate different components of that strategy. We argue that such divergence can arise because firms vary in the internal interdependencies that underlie their strategies. When a firm significantly differs from a competitor in how one component of its strategy interacts with other components, the consequences of replicating the competitor's choices about that component are harder t...
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作者：Simsek, Z.
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作者：Vinokurova, Natalya
作者单位：Lehigh University
摘要：Research SummaryWhat role do innovators play in the evolution of product categories? While management scholars have documented multiple cases of innovators creating new product categories, less attention has been paid to how innovators reshape existing ones. This paper explores the possibility that innovators can change the boundaries of established categories to accommodate their products. In an historical case study of the acceptance of mortgage-backed securities (MBS) as bonds in the United...
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作者：Jue-Rajasingh, Diana; Koo, Wesley W.
作者单位：Rice University; Johns Hopkins University
摘要：Research summaryAs social ventures expand beyond their original marginalized customers, they face demand-side limitations to scale. This study examines how a common tool for managing strategic change - origin stories - affects non-marginalized customers' responses. In a survey-based field experiment with an Indian feminine hygiene company that initially served rural customers but now targets urban customers, we found that telling origin stories reduced urban customers' purchase intentions comp...
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作者：Frake, Justin; Gibbs, Anthony; Goldfarb, Brent; Hiraiwa, Takuya; Starr, Evan; Yamaguchi, Shotaro
作者单位：University of Michigan System; University of Michigan; Purdue University System; Purdue University; University System of Maryland; University of Maryland College Park; University of Wisconsin System; University of Wisconsin Madison
摘要：Research SummaryStrategy and management scholars have increasingly used difference-in-differences (DD) and instrumental variables (IV) designs to identify causal effects. These methods rely on untestable identifying assumptions to interpret the results as causal. partial identification techniques allow researchers to draw causal inferences from imperfect identification strategies by quantifying how results change with the severity of a violation of the identifying assumption. We explain how th...
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作者：Stagni, Raffaele Morandi; Santalo, Juan
作者单位：Universidad Carlos III de Madrid; IE University
摘要：Research Summary: We show that multi-business firms pursuing technologically related diversification often face a paradox. While such strategies can yield superior financial performance through technological synergies, investors with limited attention tend to undervalue them due to their complexity. Using asset pricing methods, we find that these firms consistently outperform market expectations. The degree of mispricing depends on investor attention and the availability of information needed ...
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作者：Stroube, Bryan K.; Dushnitsky, Gary
作者单位：University of London; London Business School
摘要：Entrepreneurship is presented as a path to prosper through commerce, yet there is evidence that certain communities are underrepresented in entrepreneurship. Technological developments such as low-code e-commerce tools have altered the barriers to launch commercial ventures. Do these tools alter entrepreneurial inclusion? We study an omnipresent low-code tool, Shopify, which has dramatically reduced the financial and technical barriers to e-commerce. We undertake an abductive analysis using un...
