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作者:Meyer, Tim; Kerkhof, Anna; Cennamo, Carmelo; Kretschmer, Tobias
作者单位:University of St Gallen; University of St Gallen; Leibniz Association; Ifo Institut; University of Munich; Copenhagen Business School; University of Munich
摘要:Research SummaryPlatforms are often assumed to benefit firms, especially smaller ones, by facilitating access to a broader consumer base and increasing visibility. However, this logic relies on platforms ability to match consumer preferences to complement characteristics. In addition to this matching mechanism, we posit that platforms also broker consumer attention towards complements, which then compete for this attention. We propose that this attention mechanism is particularly prominent in ...
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作者:Balasubramanian, Natarajan; Starr, Evan; Yamaguchi, Shotaro
作者单位:Syracuse University; University System of Maryland; University of Maryland College Park; University of Wisconsin System; University of Wisconsin Madison
摘要:Research SummaryWe examine the joint adoption of four employment restrictions that limit firm resource outflows-nondisclosure (NDA), non-solicitation, non-recruitment, and noncompete agreements-and their associations with value appropriation from employees. Using novel individual- and firm-level survey data, we find that when firms adopt restrictions, they tend to adopt either all four restrictions or only an NDA. Adoption of all four restrictions is more likely when workers have access to val...
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作者:McKean, Anna E.; King, Brayden G.
作者单位:Utah System of Higher Education; University of Utah; Northwestern University
摘要:Research SummaryThis article examines the association between ideology and firm participation in sociopolitical activism. In particular, it focuses on the ideological alignment between a firm's upper echelons and its general employees. We theorize that participation in progressive corporate activism reflects the ideological views of both the top management team and general employees. By examining firm participation in letter campaigns supporting progressive causes, our findings indicate that i...
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作者:Brymer, Rhett; Paraskevas, John-Patrick; Josefy, Matthew; Ellram, Lisa
作者单位:University System of Ohio; University of Cincinnati; University of Tennessee System; University of Tennessee Knoxville; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University System of Ohio; Miami University
摘要:Research SummaryPipeline hiring, repeatedly hiring individuals from the same external source organization, is a common recruiting practice. Yet, whether this pipeline approach improves incoming human capital quality or performance has limited empirical evidence. We argue that, in cooperative source-hiring organization contexts, pipelines reduce the information asymmetries present in labor markets in a way that both attracts individuals with higher pre-entry human capital and predicts postentry...
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作者:Black, Ines; Hasan, Sharique; Koning, Rembrand
作者单位:Duke University; Harvard University; Duke University
摘要:Research Summary: We analyze firm-driven labor market search, where firms hunt for talent rather than rely on workers to apply for vacancies. We leverage three approaches. We develop a model of firm-driven search and derive equilibrium conditions under which firms use this channel. We test our model's predictions using two data sources. Data from a nationally representative survey of 10,000 workers shows that the percentage hired through recruiting has increased from 4.9% in 1991 to 14.3% in 2...
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作者:Andrei, Alina G.; Benischke, Mirko H.; Martin, Geoffrey P.
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Melbourne; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要:We integrate behavioral agency research and the five-factor model of personality to re-visit investment analysts' efficacy as a mechanism for reducing agency costs. We highlight the role of personality in shaping how CEOs respond to analyst recommendations, leading to boundary conditions for the efficacy of analysts as external monitors. We theorize that the extent to which a CEO perceives a threat from more positive analyst recommendations is contingent upon their personality, which shapes th...
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作者:Su, Jingqin; Gao, Xin; Tan, Justin
作者单位:Dalian University of Technology; Dalian Maritime University; York University - Canada; Tianjin University
摘要:\Research Summary: How firms strategically balance legitimacy and distinctiveness has garnered significant attention but reflects inconsistent perspectives. This inconsistency may stem from the inherent complexity of optimal distinctiveness (OD), which are sensitive to both the context and temporality. This article explores dynamic changes in institutional and competitive pressures and how they co-evolve with different OD strategies. Through an exploratory, multi-case study, we propose a press...
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作者:Bao, Jiayi
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Research Summary This article examines whether the Affordable Care Act (ACA) health insurance reform reduced the gender gap in science, technology, engineering, and mathematics (STEM) entrepreneurship. I argue that the ACA mitigated mobility constraints imposed by employer-provided health insurance and encouraged entrepreneurship with important contingencies: effects were limited to women because of gender differences in supply-side cost reduction and demand-side health insurance needs and wer...
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作者:Balasubramanian, Natarajan; Sivadasan, Jagadeesh; Xu, Wenjian
作者单位:Syracuse University; University of Michigan System; University of Michigan; Shanghai Jiao Tong University; Syracuse University
摘要:Research SummaryBeing able to sell a business not only allows a firm to exit an industry but is also a motivation for entrepreneurial entry. Therefore, factors that make acquisitions less desirable for potential acquirers could not only affect the rate of acquisitions, but also entry and exit. We test this in the context of judicial adoptions of product line exceptions, which increased acquirer exposure to potential accumulated liabilities. We find that after adoption, and relative to nonmanuf...
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作者:Balachandran, Sarath
作者单位:University of London; London Business School
摘要:Research SummaryStartups are increasingly turning to incumbent firms for venture capital, anticipating access to the investor's knowledge and complementary assets. However, startups' eventual access to these resources varies widely. This article highlights one important driver of such variance, whether startups' managers were previously employed by an incumbent in the same industry. Using data from the life sciences, I find that such corporate experience can precipitate technical knowledge flo...