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作者:Chen, Guoli; Huang, Sterling; Meyer-Doyle, Philipp; Mindruta, Denisa
作者单位:INSEAD Business School; Singapore Management University; Hautes Etudes Commerciales (HEC) Paris
摘要:Research Summary To address endogeneity concerns stemming from firm-CEO matching, we deploy a two-sided matching model that identifies the complementarities arising from the CEO-firm match and subsequently account for these complementarities in empirical tests. Applying this approach, we examine how the nature of CEOs' human capital affects the acquisition behavior and performance of firms. We find that generalist CEOs (CEOs with a broader set of knowledge and skills) are more likely to engage...
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作者:Bundy, Jonathan; Iqbal, Farhan; Pfarrer, Michael D.
作者单位:Arizona State University; Arizona State University-Tempe; University System of Georgia; University of Georgia
摘要:Research Summary We examine how a firm defends its capability and character reputations in response to different violations. We develop our core theoretical mechanism-stakeholders' situational expectations-to theorize that the effectiveness of a firm's response strategy following a violation depends on the nature of the violation and the reputational judgment being made. We test our hypotheses using two longitudinal violation samples and novel media-based measures of reputation. Generally, we ...
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作者:Martignoni, Dirk; Keil, Thomas
作者单位:Universita della Svizzera Italiana; University of Zurich
摘要:Research Summary When organizational environments change, experience, and organizational beliefs are often devalued and may become an obstacle to organizational adaptation. The literature on unlearning suggests organizations can overcome this problem by unlearning. However, prior work focuses mostly on unlearning of what has worked in the past (success beliefs) and neglects unlearning of what did not work (failure beliefs). We examine the differences in unlearning these two types of beliefs an...
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作者:Lane, Jacqueline N.; Ganguli, Ina; Gaule, Patrick; Guinan, Eva; Lakhani, Karim R.
作者单位:Harvard University; University of Massachusetts System; University of Massachusetts Amherst; University of Bath; Harvard University; Harvard University Medical Affiliates; Dana-Farber Cancer Institute
摘要:Research Summary We investigate how knowledge similarity between two individuals is systematically related to the likelihood that a serendipitous encounter results in knowledge production. We conduct a field experiment at a medical research symposium, where we exogenously varied opportunities for face-to-face encounters among 15,817 scientist-pairs. Our data include direct observations of interaction patterns collected using sociometric badges, and detailed, longitudinal data of the scientists...
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作者:Oehmichen, Jana; Firk, Sebastian; Wolff, Michael; Maybuechen, Franz
作者单位:University of Groningen; University of Groningen; University of Gottingen
摘要:Research summary This article examines the effect of dedicated institutional investors on firms' strategy uniqueness. We build on the uniqueness paradox where unique strategies are important drivers of economic rent, yet create an information problem whereby CEOs face discounts from the capital market, thus discouraging them from selecting unique strategies. We propose dedicated institutional investors as a partial remedy to the uniqueness paradox. Dedicated institutional investors invest in g...
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作者:Vakili, Keyvan; Kaplan, Sarah
作者单位:University of London; London Business School; University of Toronto
摘要:Research Summary: While innovation has increasingly become a collaborative effort, there is little consensus in research about what types of team configurations might be the most useful for creating breakthrough innovations. Do teams need to include inventors with knowledge breadth for recombination or do they need inventors with knowledge depth for identifying anomalies? Do teams need overlapping knowledge to integrate insights from diverse areas or does this redundancy hamper innovation by c...
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作者:Minefee, Ishva; McDonnell, Mary-Hunter; Werner, Timothy
作者单位:Iowa State University; University of Pennsylvania; University of Texas System; University of Texas Austin
摘要:Research Summary: Exploiting a whistleblower's leak of the American Legislative Exchange Council's (ALEC) corporate sponsors, we quasi-replicate and extend Werner's (2017) event study of investor reaction to covert corporate political activity (CPA). Werner found that investors reacted positively to the accidental disclosure of covert ties to the Republican Governors Association. In contrast, when we apply the same research design to the ALEC leak, we find that, on average, firms tied to ALEC ...