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• Hidden in a group? Market reactions to multi-violator corporate social irresponsibility disclosures AI翻译
  作者：Liu, Chang; Wang, Stephanie Lu; Li, Dan
  作者单位：Chinese University of Hong Kong; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
  摘要：Research Summary The media often discloses multiple firms' corporate social irresponsibility (CSI) behaviors together (i.e., multi-violator CSI disclosures). Drawing on attribution theory, we propose that multi-violator CSI disclosures artificially create violator groups. Such violator groups weaken the extent to which investors attribute each violator firm's CSI behaviors to the firm itself and subsequently lessen negative market reactions toward the violator firm. Further, the temporal consi...
• The myth of the flat start-up: Reconsidering the organizational structure of start-ups AI翻译
  作者：Lee, Saerom (Ronnie)
  作者单位：University of Pennsylvania
  摘要：Research summary There has been an ongoing debate over whether start-ups should be flat with minimal hierarchical layers. To reconcile this debate, this article distinguishes between creative and commercial success (i.e., novelty vs. profitability), and examines how these outcomes are variously influenced by a start-up's hierarchy. This study suggests that while a flatter hierarchy can improve ideation and creative success, it can result in haphazard execution and commercial failure by overwhe...
• Corporate-level influences on internal capital allocation: The role of financial analyst performance projections AI翻译
  作者：Busenbark, John R.; Semadeni, Matthew; Arrfelt, Mathias; Withers, Michael C.
  作者单位：University of Notre Dame; Arizona State University; Arizona State University-Tempe; Texas A&M University System; Texas A&M University College Station; Mays Business School
  摘要：Research contends that internal capital should be allocated in proportion to divisional performance, but scholars are often puzzled to find that managers do not adhere to this winner-picking approach. We argue this is because scholarship has not incorporated corporate-level factors that influence how corporate managers structure holistic capital allocation strategies. In this study, we build on the behavioral theory of the firm to focus on analyst performance projections for multidivisional co...
• Pushed into a crowd: Repositioning costs, resources, and competition in the RTE cereal industry AI翻译
  作者：Hou, Young; Yao, Dennis
  作者单位：University of Virginia; Harvard University
  摘要：Research summary This article exploits a natural experiment involving self-regulation in the ready-to-eat (RTE) breakfast cereal industry to evaluate the performance impact of product repositioning. It then examines how a product's brand equity value declines with repositioning distance and explores various nonprice responses of firms to increased own and rival competition. Self-regulation led to a crowding of the product space by forcing differentiated products to become more similar. We find...
• Start with Why, but only if you have to: The strategic framing of novel ideas across different audiences AI翻译
  作者：Falchetti, Denise; Cattani, Gino; Ferriani, Simone
  作者单位：University of Bologna; New York University; City St Georges, University of London
  摘要：Research Summary Building on social psychology research and entrepreneurship work on linguistic framing, we argue that the appreciation of novel ideas varies with the mental construal that members of different audiences use to evaluate them. Specifically, we theorize that the congruency between idea framing and audiences' mental construals depends on audiences' level of expertise in evaluating novel ideas. In four experiments, we found that innovators benefit from deploying framing strategies ...
• Income or education? Community-level antecedents of firms' category-spanning activities AI翻译
  作者：Chae, Heewon
  作者单位：Arizona State University; Arizona State University-Tempe
  摘要：Research Summary This study investigates the relationships between consumer income, consumer education, and firms' propensities to span multiple market categories. Despite their positive correlation, I theorize contrasting effects of income and education on firms' variety-enhancing spanning. Specifically, I propose that the strong purchasing power of high-income communities should reduce the need for firms to operate in multiple categories, but culturally omnivorous preferences among educated ...
• How ecosystem structure affects firm performance in response to a negative shock to interdependencies AI翻译
  作者：Burford, Natalie; Shipilov, Andrew, V; Furr, Nathan R.
  作者单位：INSEAD Business School; INSEAD Business School
  摘要：We evaluate the effects of component choices on firms' performance following a negative shock to the ecosystem's alignment structure. We advance a theoretical framework that relates three levels of ecosystem structure-local component interdependence, component clusters, and central components-to the firms' performance. In the setting of the e-commerce industry impacted by the General Data Protection Regulation, our results support the predictions that a reduction in local component interdepend...