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作者:Han, Jung-Hoon; Pollock, Timothy G.; Paruchuri, Srikanth
作者单位:Sungkyunkwan University (SKKU); University of Tennessee System; University of Tennessee Knoxville; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Research SummaryWe explore misconduct scandalization's antecedents by focusing on the rational and emotional bases underlying reputation and celebrity, and considering how they can enhance or reduce the likelihood misconduct is scandalized as a function of the misconduct's objective and perceived severity. Specifically, we argue the quantifiable nature of objective misconduct severity enhances reputation's rational influence, but attenuates celebrity's emotion-based appeal. Conversely, perceiv...
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作者:Vuori, Timo O.; Tushman, Michael L.
作者单位:Aalto University; Aalto University; Harvard University
摘要:Research SummaryWe develop new theory on incumbent firms' strategic decision-making and the associated emotional dynamics at platform transitions. Based on in-depth interviews with Nokia's senior leaders about their decision to adopt the Windows platform in 2011, we suggest that highly capable platform companies' entry into the established phone industry invalidated senior leaders' long-held core assumptions about the industry, triggering existential anxiety and stunting self-regulation. Disti...
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作者:Camuffo, Arnaldo; Gambardella, Alfonso; Messinese, Danilo; Novelli, Elena; Paolucci, Emilio; Spina, Chiara
作者单位:Bocconi University; IE University; City St Georges, University of London; Polytechnic University of Turin; INSEAD Business School; Bocconi University; Bocconi University
摘要:Research SummaryThis article runs a large-scale replication of Camuffo and colleagues in 2020, involving 759 firms in four randomized control trials. The larger sample generates novel and more precise insights about the teachability and implications of a scientific approach in entrepreneurship. We observe a positive impact on idea termination and results that are consistent with a nonlinear effect on radical pivots, with treated firms running few over no or repeated pivots. We provide a theore...
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作者:Lee, Saerom (Ronnie); Kim, J. Daniel
作者单位:University of Pennsylvania; University of Pennsylvania
摘要:Research SummaryScaling at the right time is a crucial challenge for startups. Conceptualizing scaling as the entrepreneurial process of acquiring and committing resources to implement the core business idea and expand the customer base, this study examines how scaling early may decrease imitation risk at the expense of increasing commitment risk. As startups typically hire managers and sales personnel when they begin to scale, we propose that this timing can be empirically measured by when st...
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作者:Pillai, Sandeep Devanatha; Goldfarb, Brent; Kirsch, David
作者单位:Bocconi University; University System of Maryland; University of Maryland College Park; Bocconi University
摘要:Research SummaryMany strategy studies implicitly rely upon inference to the best explanation (IBE) or modern abduction. We leverage recent work in the philosophy of science to consider how we arrive at best explanations, explanations that are lovely, in the sense that they are useful, general, and provide meaning, and likely, in the sense that they are close to the truth. Interpretation of observational results requires an understanding of context that statistical analysis alone cannot provide...
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作者:Odziemkowska, Kate; McDonnell, Mary-Hunter
作者单位:University of Toronto; University of Pennsylvania
摘要:Research SummaryResearch suggests firms can reduce stakeholder contention (e.g., lawsuits, protests) by collaborating with threatening stakeholders. We propose that by tapping into stakeholder networks and identities, collaborations also produce ripple effects beyond the firm's partner to attenuate contention from a broader set of stakeholders. Using variation in firms' and stakeholders' willingness to collaborate exogenous to contention to account for selection, our examination of contentious...
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作者:Kim, Jinsil; Welbourne Eleazar, Miranda J.; Lee, Seung-Hyun
作者单位:College of New Jersey; University of Iowa; University of Texas System; University of Texas Dallas
摘要:Research SummaryLobbying allows firms to influence the government to potentially limit firms' costs during product recall crises. However, such lobbying can elicit scrutiny from the media if the lobbying gives the impression that firms wish to save costs at the expense of safety, thereby appearing hypocritical. We theorize that when faced with negative media coverage of product recalls or recall-related lobbying, firms strategically eschew lobbying to limit further media scrutiny and its assoc...
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作者:Nary, Paul
作者单位:University of Pennsylvania
摘要:Research Summary: From the perspective of the divesting firm, do divestitures to private equity (PE) acquirers perform differently from divestitures to corporate acquirers? If so, why? This question-based, empirical study shows that on average, divestitures to PE acquirers correlate with lower divesting firms' shareholder returns than divestitures to corporate acquirers. The study explores whether these lower returns when divesting to PE acquirers are explained by the differences in PE acquire...
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作者:Tuggle, Christopher S.; Borgholthaus, Cameron J.; Harms, Peter D.; O'Brien, Jonathan P.
作者单位:University of Central Arkansas; University of Wyoming; University of Alabama System; University of Alabama Tuscaloosa; University of Nebraska System; University of Nebraska Lincoln
摘要:Research Summary Upper echelons research has generated insights into the organizational consequences of CEO narcissism. However, fewer studies have empirically attended to the mechanisms through which these consequences occur. Using the attention-based view, we introduce a process model examining how CEO narcissism is linked to corporate risk-taking through the board of director discussion tone of risk-taking during board meetings. We further note that narcissistic CEOs have an increased abili...
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作者:Ryan-Charleton, Tadhg; Galavan, Robert J.
作者单位:Queens University Belfast; Maynooth University
摘要:Research SummaryThe impact of multimarket contact (MMC) between partners on strategic alliance survival is unclear, even though recent studies have suggested that MMC increases the likelihood of alliance formation. Our study investigates this issue by integrating two mechanisms occurring between multimarket firms: mutual forbearance and technological resource imitation. We argue that MMC between partners deters opportunism in alliances via mutual forbearance, resulting in a positive effect on ...