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作者：Gligor, David M.; Novicevic, Millorad; Feizabadi, Javad; Stapleton, Andrew
作者单位：University of Mississippi; Massachusetts Institute of Technology (MIT); University of Wisconsin System
摘要：Research summary: The authors investigated investor reactions to the appointment of Black executives. The results indicate that investors respond: (1) more negatively to the announcement of Black CEO appointments than to White CEO appointments, (2) more negatively to the announcement of the Black top management team (TMT) appointments than to White TMT appointments, (3) more negatively to the announcement of Black CEO appointments than to Black TMT appointments, and (4) more negatively to the ...
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作者：Almeida Costa, Afonso; Zemsky, Peter
作者单位：Universidade Nova de Lisboa; INSEAD Business School
摘要：Research Summary The value-based perspective emphasizes the importance of both value creation and bargaining for firm performance. While formal theoretical work has focused on value creation strategies, empirical evidence suggests that substantial performance differences also arise from heterogeneity in bargaining. We develop a model where rival firms choose value-based innovation strategies to enhance either value creation or bargaining capabilities. We show a tendency for homogeneous strateg...
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作者：Mount, Matthew P.; Baer, Markus; Lupoli, Matthew J.
作者单位：Deakin University; Washington University (WUSTL); Monash University
摘要：Research summary Deliberate cognition is an important mechanism for overcoming inertia. Yet, the precise nature of cognition that propels decision-makers to endorse novelty is not well understood. We propose that expertise distance is a fundamental force shaping decision-makers' willingness to invest in novelty. We further suggest that the level of mental construal through which information is processed moderates the effect of expertise distance on investment propensity, principally by changin...
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作者：Palomeras, Neus; Wehrheim, David
作者单位：Universidad Carlos III de Madrid; University of Navarra; IESE Business School
摘要：Research Summary In this paper, we suggest that staffing decisions in R&D alliances can reduce the inherent tension between value creation and value protection faced by participating firms. By considering R&D workers a primary source of knowledge leakage, we analyze the role of their intellectual property (IP) protection in shaping the misappropriation threat posed by the partner. We rely on patent ownership and inventorship data to analyze the selection of individuals for R&D collaborations i...
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作者：Hannah, Douglas P.; Tidhar, Ron; Eisenhardt, Kathleen M.
作者单位：Boston University; Stanford University
摘要：Research summary Analytic models are a powerful approach for developing theory, yet are often poorly understood in the strategy and organizations community. Our goal is to enhance the influence of the method by clarifying for consumers of modeling research how to understand and appreciate analytic modeling and use modeling results to enhance their own research. Our primary contribution is a guide for reading analytic models. Using comparisons with other methods and exemplar analytic models, we...
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作者：Raithel, Sascha; Hock, Stefan J.
作者单位：Free University of Berlin; University of Connecticut
摘要：Research Summary Prior crisis-response literature outlines zones of conformity (i.e., response meets stakeholder expectations), underconformity (i.e., response falls short of expectations), and overconformity (i.e., response exceeds expectations). We utilize a mixed-method approach to empirically test the impact of different response strategies on customers (Study 1: experiment) and investors (Study 2: event study). We not only find empirical support that a conforming strategy outperforms both...
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作者：Giarratana, Marco S.; Pasquini, Martina; Santalo, Juan
作者单位：IE University; IE University
摘要：Research Summary This article analyzes the relationship between sales growth and variance for diversified firms. Distinguishing product niches linked by scale free versus non-scale free resources, this study predicts that the more a firm diversifies leveraging on a non-scale free resource, the more likely its sales growth and variance are positively correlated. However, this relationship is negatively moderated by the presence of a scale-free resource such that the presence of scale-free resou...
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作者：Koo, Wesley W.; Eesley, Charles E.
作者单位：INSEAD Business School; Stanford University
摘要：Research Summary Platform companies use design changes to govern their participants. The success of a design change depends on participants' responses, which are influenced by their local environments. Our study focuses on an important aspect of the local environment-rural versus urban. Using data from a leading e-commerce platform, we find that relative to urban sellers, rural sellers were particularly poor at adjusting to a major design change, resulting in a persistent performance gap. We a...
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作者：Jones, Stephen L.; Leiponen, Aija; Vasudeva, Gurneeta
作者单位：University of Washington; University of Washington Bothell; Cornell University; University of Minnesota System; University of Minnesota Twin Cities
摘要：Research Summary How does interfirm cooperation in innovation ecosystems evolve in the face of conflict? We theorize that conflict propels firms to reconfigure cooperative relationships while maintaining and even increasing cooperation with aggressors because cooperation is the primary mechanism for value creation in such ecosystems. To empirically test our arguments, we study patent litigation and subsequent cooperation between mobile telecommunications firms within the 3GPP standards develop...
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作者：Flammer, Caroline; Toffel, Michael W.; Viswanathan, Kala
作者单位：Boston University; Harvard University; Harvard University
摘要：Research Summary This article examines whether-in the absence of mandated disclosure requirements-shareholder activism can elicit greater disclosure of firms' exposure to climate change risks. We find that environmental shareholder activism increases the voluntary disclosure of climate change risks, especially if initiated by institutional investors, and even more so if initiated by long-term institutional investors. We also find that companies that voluntarily disclose climate change risks fo...
