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作者:Piazza, Alessandro; Perretti, Fabrizio
作者单位:Bocconi University
摘要:Research summary How do firms' strategic decisions affect the emergence and evolution of activism? We examine this question through a study of protests against nuclear power plants in the United States. We find that the decision to cancel construction of a nuclear unit-a substantial victory for activists-is associated with an upsurge in antinuclear protest activity, as emboldened activists stay mobilized even once the level of threat abates. We also find that when a firm decides to complete a ...
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作者:Magelssen, Catherine
作者单位:University of London; London Business School
摘要:Research Summary This paper examines whether ownership rights to strategic assets within firms affects innovation. Although existing research maintains that strategic assets can be leveraged freely within the firm, many firms allocate ownership rights to strategic assets to business units or subsidiaries. While scholars have examined strategic asset ownership rights as a tool for tax avoidance, scholars have yet to study its effects on innovation. In the context of multinational firms, I find ...
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作者:Graffin, Scott D.; Hubbard, Timothy D.; Christensen, Dane M.; Lee, Eric Y.
作者单位:University System of Georgia; University of Georgia; University of Notre Dame; University of Oregon
摘要:Research Summary Based on agency theory, CEOs with greater risk aversion should be given greater incentive-based compensation to motivate risk taking. We explore whether new CEOs receive initial pay packages that follow this recommendation, or instead receive pay packages that mirror their risk preferences. Rather than finding support for the agency theory perspective, we find that new CEOs are compensated in the way that reinforces their existing risk preferences. Specifically, using a CEO's ...
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作者:Bonet, Rocio; Cappelli, Peter; Hamori, Monika
作者单位:IE University; University of Pennsylvania
摘要:Research summary We examine the advancement of women in executive roles in the ranks of the 10 highest executive positions in the Fortune 100 companies in 2001 and 2011. We find that women executives secured top executive positions faster than men, controlling for relevant individual attributes, and that the advantage of women with respect to men grew with the number of years they spent in the organization. The female advantage disappeared once companies had more than one high-ranking female e...
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作者:Aggarwal, Vikas A.
作者单位:INSEAD Business School
摘要:Research summary The network resources a firm can access through its strategic alliances are critical precursors to innovation: They provide the information and know-how needed to generate new knowledge. Yet prior literature has not directly considered the congestion of network resources stemming from constraints on their capacity to be applied without loss of value across multiple settings. I examine the degree to which this form of resource congestion influences the innovation benefits a foc...
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作者:Parker, Owen; Mui, Rachel; Titus, Varkey, Jr.
作者单位:Oklahoma State University System; Oklahoma State University - Stillwater; Universite de Rennes; University of Nebraska System; University of Nebraska Lincoln
摘要:Research Summary Substantial evidence indicates that leaders are perceived through a lens of gender bias, but what mitigates such bias remains underexplored. Examining men and women in creative, project-based leadership roles, we integrate insights from role congruity and gender bias literatures to predict how project unconventionality and leader gender affect external perceptions of project quality. We argue that prejudice against female leaders is strongest for conventional projects due to t...
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作者:Fu, Ruchunyi; Tang, Yi; Chen, Guoli
作者单位:Shanghai University of Finance & Economics; University of Hong Kong; INSEAD Business School
摘要:Research Summary How will a chief sustainability officer (CSO) influence corporate social performance? Building upon the upper echelons perspective and the attention-based view, this study argues that while a CSO helps channel managerial attention to a firm's social domain, managerial attention is more likely to be directed to negative issues than to positive issues. In addition, such relationships are contingent on the focal firm's governance design and its industry culpability. Analysis of a...