-
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...
-
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...
-
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...
-
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 ...
-
作者：Rathje, Jason; Katila, Riitta; Reineke, Philipp
作者单位：United States Department of Defense; Stanford University
摘要：We spotlight the use of machine learning in two-stage matching models to deal with sample selection bias. Recent advances in machine learning have unlocked new empirical possibilities for inductive theorizing. In contrast, the opportunities to use machine learning in regression studies involving large-scale data with many covariates and a causal claim are still less well understood. Our core contribution is to guide researchers in the use of machine learning approaches to choosing matching var...
-
作者：Lee, Sunkee; Park, Jisoo
作者单位：Carnegie Mellon University; Clark University
摘要：Research SummaryWe reassess existing theories on individual failure learning and propose an inverted-U-shaped relationship between an individual's accumulated failures and learning, based on a theoretical framework that jointly considers the opportunity, motivation, and perceived ability to learn. Using data on 307 California-based cardiothoracic surgeons who performed coronary artery bypass graft surgeries in 133 hospitals between 2003 and 2018, we find compelling evidence that individuals re...
-
作者：Splitter, Violetta; Seidl, David; Whittington, Richard
作者单位：University of Oxford; University of Zurich; University of Oxford
摘要：Research SummaryRecent trends toward inclusive strategy processes raise the issue of how employees acquire the discursive competence necessary to gain senior management attention. Building on the emergent dynamic attention-based view's (DABV) emphasis on communicative interaction, we ethnographically track an inclusive strategy process in a large insurance company. We find that employees typically failed to gain CEO attention because they lacked the discursive competence to integrate their ope...
-
作者：Huang, Kenneth G.; Li, Mei-Xuan; Shen, Carl Hsin-Han; Wang, Yanzhi
作者单位：National University of Singapore; National University of Singapore; National Taiwan University; Macquarie University; National Taiwan University
摘要：Research SummaryNon-practicing entities (NPEs) are firms that accumulate and acquire patents but do not further develop or implement the patented inventions (known as patent trolling). NPEs seek to receive royalties or profits through out-of-court settlements in patent infringement cases. We examine how firms targeted by NPEs in NPE-initiated litigations (i.e., target firms) shift their innovation strategies and trajectories in response to heightened litigation risks. We theorize and show that...
-
作者：Neckebrouck, Jeroen; Kryscynski, David
作者单位：University of Navarra; IESE Business School; Rutgers University System; Rutgers University New Brunswick
摘要：Research SummaryWithout compelling empirical proxies for economic profits, we may need to reconsider the decades of empirical research purporting to inform our theories of competitive advantage. The new stakeholder perspective suggests that stakeholders may capture significant shares of the firm's economic profits that should be incorporated into these proxies. In this article, we propose a novel empirical approach to measuring stakeholder rents and then apply our approach to measure workforce...
