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作者：Belenzon, Sharon; Lee, Honggi; Patacconi, Andrea
作者单位：Duke University; National Bureau of Economic Research; University System Of New Hampshire; University of New Hampshire
摘要：Research Summary: Limited liability enables corporate parents to avoid financial responsibility of their subsidiaries. However, courts can disregard separate legal personality, pierce the corporate veil, and impose the debts of a subsidiary on its parent-an exception referred to as enterprise liability. We argue that in countries with weak enterprise liability, groups can better compartmentalize risks by incorporating more of their units as legally independent subsidiaries. Weaker enterprise l...
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作者：Chang, Sungyong; Lee, Jeho; Song, Jaeyong
作者单位：University of London; London Business School; Seoul National University (SNU)
摘要：Research Summary: In social networks, isolated subgroups often aggregate into a massively connected subgroup, or a giant cluster, when bridges are built across subgroups. To understand the roles of bridges in integrating subgroups, we develop models focusing on the percentage of bridges among all ties. When it is below 1%, diffusion does not affect many individuals because the system is merely a collection of fragmented subgroups. Near 1%, however, we find that a slight increase in the percent...
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作者：Andrews, Daniel S.; Fainshmidt, Stav; Fitza, Markus; Kundu, Sumit
作者单位：University System of Georgia; Georgia State University; Western University (University of Western Ontario); State University System of Florida; Florida International University; University of Exeter
摘要：Research Summary: Corporate parents are important to subsidiary performance, but prior strategy research presents mixed results about the extent to which parents drive subsidiary performance differences. Drawing on the corporate strategy literature, we argue that corporate parents' influence depends on the size of the corporate portfolio that determines subsidiaries' access to finite corporate resources and the contextual conditions-industrial relatedness and institutional distance-that favor ...
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作者：Lee, Eucman; Ilseven, Ekin; Puranam, Phanish
作者单位：Nanyang Technological University; Universidade Catolica Portuguesa; INSEAD Business School; INSEAD Business School
摘要：Research SummaryWe propose a theory that explains variations in the relationship between an organization's size and the extent of its authority hierarchy (as captured in managerial intensity). Conceptualizing authority hierarchy as a means to manage conflicts among subordinates, we formulate a model in which the number of managers required depends on the magnitude of conflicts generated between and within groups of workers. Our analysis shows that scaling non-hierarchically can be accomplished...
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作者：Wuebker, Robert; Zenger, Todd; Felin, Teppo
作者单位：Utah System of Higher Education; University of Utah; Utah System of Higher Education; Utah State University; University of Oxford
摘要：Research Summary: We build on the theory-based view and highlight how an entrepreneur's theory can enable the creation of value. We point to three types of theories: theories of resource arbitrage, resource recombination, or resource investment that specialize resources to particular uses. However, possessing a unique theory is not enough. The realization of an entrepreneur's theory is contingent on matching it with the right organizational and governance-related choices. Entrepreneurs must ma...
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作者：Barach, Moshe A.; Rider, Christopher I.
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Michigan System; University of Michigan
摘要：Research Summary: Extending the opportunity-discovery perspective on Kirznerian entrepreneurship, we propose a general framework in which new businesses emerge from three distinct mechanisms situated at the individual-opportunity nexus: discovery, discernment, and exploitation. We propose observing opportunities in market exchanges and characterizing their profitability potential based on a component that is common to all observers and one that is specific to individual observers who vary in a...
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作者：Tian, Tanya Y.; King, Brayden G.; Smith, Edward B.
作者单位：New York University; NYU Shanghai; Northwestern University; New York University; NYU Shanghai
摘要：Research Summary: We examine the effect of organizational status on employment-related corporate social responsibility (CSR). As employees derive nonpecuniary benefits from both organizational status and employment-related CSR, lower status firms may invest in nonpecuniary employment-related CSR to compete in a status-segmented labor market. We identify the effect using a regression discontinuity design (RDD) in the context of the Fortune 1000 rankings, as we contend that the 500th rank positi...
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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...
