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作者：Zhang, Huiyan; Branstetter, Lee; Conti, Raffaele; Mamadehussene, Samir
作者单位：Carnegie Mellon University; Universidade Catolica Portuguesa; National Bureau of Economic Research; ESSEC Business School; University of Texas System; University of Texas Dallas; Carnegie Mellon University
摘要：We consider the context of a technology market where participants (in particular, sellers) differ in reputation, and sellers observed participating in the transactions might suffer a reputation loss. Our theoretical model predicts that low-reputation idea sellers, thanks to the improvement in information disclosure, are more likely to be involved in technology transactions; at the same time, high-reputation idea sellers, to protect their reputations, might prefer avoiding any transactions. Thi...
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作者：Sundaresan, Shirish; Boysen, Andrew; Nerkar, Atul
作者单位：University System of Georgia; Georgia State University; University of North Carolina; University of North Carolina Chapel Hill; University System of Georgia; Georgia State University
摘要：Research Summary: How do an organization's task requirements affect the ways in which it reacts to competitors' strategic investments? This study uses a novel measure of task requirements (Case Mix Index), to test the competitive and spillover effects of prior adoption on a focal organization's timing of adoption, while accounting for the underlying demand-side drivers of adoption. Results of an empirical study of the adoption of robotic surgery systems by U.S. hospitals validate our measure a...
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作者：Honore, Florence; Ganco, Martin
作者单位：University of Wisconsin System; University of Wisconsin Madison; University of Wisconsin System; University of Wisconsin Madison
摘要：Research summaryOne of the established findings in the spinout literature is that founders with prior industry experience assemble larger entrepreneurial teams and create better-performing startups. We examine the role of prior industry experience in the startups' next stage-its hiring of new employees. We tackle two empirical challenges-the mutual aspect of hiring and the effect of unobserved variables on employees' earnings using a two-sided matching model. Our results reveal that even firms...
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作者：Karadag, Reha; Poppo, Laura
作者单位：University of Nebraska System; University of Nebraska Lincoln
摘要：Research Summary The isolating mechanisms of strategic resources ensure their robustness against external factors. However, resources are also internally dynamic: Natural resources are depleted, employees retire, and patents expire. We develop a theoretical framework about the limitations to the sustainability of resource-driven competitive advantage and posit that most strategic resources endogenously lose their value-creating potential due to two factors, time and deployment, through what we...
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作者：Abdurakhmonov, Mirzokhidjon; Snider, Roary E.; Ridge, Jason W.; Hasija, Dinesh
作者单位：University of Nebraska System; University of Nebraska Lincoln; University of Arkansas System; University of Arkansas Fayetteville; University System of Georgia; Augusta University
摘要：Research summary We investigate how congressional stock purchases may impact investor expectations of firm outcomes. Specifically, we argue that because there is information asymmetry regarding how public policy may impact a firm and investors perceive that members of the U.S. Congress possess insider governmental information and power over the regulatory landscape of a firm, a legislator's purchase of firm stock will generate abnormal returns. Furthermore, we argue that this response will be ...
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作者：Kotha, Reddi; Vissa, Balagopal Bala; Lin, Yimin; Corboz, Anne-Valerie
作者单位：Singapore Management University; INSEAD Business School; Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary Does growth training help entrepreneurs scale-up new ventures? Our field experiment answers this question using data from 181 Singapore-based, early-growth entrepreneurs drawn from a broad range of industry sectors. Treatment content focused on three growth-catalyst tools relevant for formulating and executing innovation-led growth: business-model design, leveraging external networks, and building internal teams. Treatment format comprised interactive lecture sessions and work...
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作者：Melloni, Gaia; Patacconi, Andrea; Vikander, Nick
作者单位：University of Lausanne; University of East Anglia; University of Copenhagen
摘要：Research Summary: In this article, we examine under what conditions CEO activism-the practice of corporate leaders to take public stances on sociopolitical issues-can create firm value. In our model consumers care about the type of firm they buy from, but also understand that corporate leaders can make false or misleading statements to pander to valuable demographics. We show that, although the profitability of CEO activism is severely compromised by this wokewashing, under some conditions cre...
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作者：Hawk, Ashton; Lahiri, Debtanu; Pacheco-de-Almeida, Goncalo
作者单位：University of Colorado System; University of Colorado Boulder; Universidade Nova de Lisboa; Hautes Etudes Commerciales (HEC) Paris; Universidade Nova de Lisboa
摘要：Research Summary: Does corporate political activity (CPA) help sustain performance? Prior literature did not address this question, only whether CPA increases profits-with mixed results over short timescales. We theorize about how political capital affects the regression-to-the-mean of profits through firm and industry persistence mechanisms. Using data on over 6000 firms from 14 democratic countries, we estimate time-varying, firm-specific performance persistence coefficients with random-coef...
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作者：Gamache, Daniel L.; Devers, Cynthia E.; Klein, Felice B.; Hannigan, Timothy
作者单位：University System of Georgia; University of Georgia; Virginia Polytechnic Institute & State University; Boise State University; University of Alberta; University System of Georgia; University of Georgia
摘要：Research Summary Several upper echelons studies have found that firms led by female executives are less likely to engage in risky endeavors than those led by male top executives. We argue that conceptualizing female CEOs as universally conservative decision-makers may paint too simplistic a picture and that the impact of CEO gender on strategic decision-making may vary significantly depending on the given situation CEOs are experiencing. We integrate executive job demands and gender research t...
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作者：Mickeler, Maren; Khashabi, Pooyan; Kleine, Marco; Kretschmer, Tobias
作者单位：University of Munich; ESSEC Business School; University of Groningen; Centre for Economic Policy Research - UK
摘要：Research Summary Employees often need knowledge from colleagues to complete tasks successfully. With distributed and remote work becoming more common, organizations increasingly rely on digital technologies, such as organizational platforms, to support members' knowledge exchange. We study factors that hinder employees from seeking knowledge from others on such platforms. We argue that individuals' seeking decisions depend on expected social-psychological costs and economic considerations and ...
