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作者：Lee, Matthew; Adbi, Arzi; Singh, Jasjit
作者单位：INSEAD Business School
摘要：Research Summary The emerging practice of impact investing optimizes both financial and social outcomes, and thus promises to support hybrid organizations that simultaneously pursue financial and social goals. We argue, however, that impact investing decisions may be prone to behavioral factors that limit their outcome efficiency. In a portfolio allocation task designed to reflect the essential features of an impact investing decision, we find across a range of scenarios that individuals syste...
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作者：Wang, Richard D.; Miller, Cameron D.
作者单位：Babson College; Syracuse University
摘要：Research Summary In ecosystems, tensions between value creation and appropriation can arise when complementors form relationships with a partner that benefits from network effects. While creating value collectively, these relationships strengthen the network effects, which increase the partner's ability to appropriate value. We posit that complementors strategize their product offerings to benefit from the relationship with the partner while preserving bargaining power by keeping relationships...
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作者：Nagle, Frank; Teodoridis, Florenta
作者单位：Harvard University; University of Southern California
摘要：Research Summary We consider the role of individual-level diversification as a mechanism through which skilled researchers engage in successful exploration-recognizing and integrating new knowledge external to one's domains of expertise. To approach an ideal experiment, we (a) employ a matching procedure and (b) exploit the unexpected adoption of Microsoft Kinect as a motion-sensing technology in research. We evaluate the impact of Kinect and its embodiment of new knowledge on a set of ability...
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作者：Park, U. David; Boeker, Warren; Gomulya, David
作者单位：Syracuse University; University of Washington; University of Washington Seattle; Singapore Management University
摘要：Research Summary Why do some boards refuse to take serious action against CEOs who have committed financial misconduct? Past work has directed attention to the antecedents of misconduct while largely overlooking this question. The relatively few studies that examined it have typically revolved around agency arguments. This study instead examines how the beliefs and values held by board members can influence their actions following financial misconduct. Focusing on political ideology, we argue ...
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作者：Boh, Wai Fong; Huang, Cheng-Jen; Wu, Anne
作者单位：Nanyang Technological University; National Chengchi University; Tunghai University
摘要：Research Summary We add to the literature examining the ownership-innovation relationship by examining two major investor types: corporate investors and family investors. We use organizational environmental scanning as a new perspective to understand how these investors' capabilities influence firms' external cooperation and innovation performance. We found that corporate investors with broad investment experience strengthen a firm's environmental scanning, enhancing innovation performance by ...
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作者：Raveendran, Marlo
作者单位：University of California System; University of California Riverside
摘要：Research Summary This article develops theory on how an organization's structure affects future reorganizations. I highlight that a firm's structure shapes not only the locus of decision-making power (i.e., centralization and decentralization) but also the employees' interaction structure. I develop microlevel theory that connects the firm's structure to the interactions among its employees-for instance, its influence on the time employees spend adjusting their behavior after a reorganization....
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作者：Pisani, Niccolo; Garcia-Bernardo, Javier; Heemskerk, Eelke
作者单位：University of Amsterdam; University of Amsterdam
摘要：Research Summary Does it pay to be a multinational? Despite decades of empirical research, we still do not know. We undertake a large-sample, cross-national replication of Lu and Beamish (2004) and Berry and Kaul's (2016) works to examine whether the multinationality-performance relationship is S-shaped in a 2009-2016 panel of 889,865 firm-year observations. Using a two-stage least squares fixed-effects model that accounts for endogeneity on a subsample of 32,835 multinationals from 64 countri...
