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作者:Rawley, Evan; Seamans, Robert
作者单位:University of Minnesota System; University of Minnesota Twin Cities; New York University
摘要:Research Summary: We study how internal agglomeration-geographic clustering of business establishments owned by the same parent company-influences establishment productivity. Using Census microdata on the population of U.S. hotels from 1987-2007, we find that doubling the intensity of internal agglomeration is associated with a productivity increase of about 2% in pre-existing establishments. We consider several mechanisms that may be driving the productivity effect and find evidence consisten...
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作者:Gupta, Kamini; Crilly, Donal; Greckhamer, Thomas
作者单位:University of London; King's College London; University of London; London Business School; Louisiana State University System; Louisiana State University
摘要:Research summary Research documents the performance effects of attending to shareholders and treating employees well but underplays national differences in the relative power of labor and capital. We advance a configurational perspective that acknowledges the fit between stakeholder engagement, context, firm attributes and performance. As a cornerstone of this perspective, we develop a typology of stakeholder engagement strategies expressing how firms navigate the tension between conforming wi...
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作者:Uribe, Jose N.
作者单位:University of Michigan System; University of Michigan
摘要:Research Summary:Scholars regularly use multipoint contact (MPC) to explain how encountering rivals in different domains shapes performance. While most explanations rely on mutual forbearance theory, I propose that competitive deterrence does not adequately explain how MPC shapes performance in knowledge intensive work and argue instead that cross-domain synergies may play a central role. I examine how security analysts' MPC with publicly traded firms captures synergies in their coverage portf...
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作者:Bennett, Victor Manuel
作者单位:Duke University
摘要:Research Summary I revisit a research tradition laying out trends in persistence of performance, to create shared facts to inform theory development. I build on prior work in Strategy by: (a) bringing together two distinct measures of persistence of performance and explaining how they complement each other and help distinguish theories, (b) extending the time series from those prior studies and applying modern statistical improvements to demonstrate new patterns. Specifically, while I find ord...
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作者:Morandi Stagni, Raffaele; Santalo, Juan; Giarratana, Marco S.
作者单位:Universidad Carlos III de Madrid; IE University
摘要:Research summary This article investigates how diversified firms reallocate internal non-scale free resources when one of their product business units (BUs) experiences increased exposure to international competition driven by a sharp decrease in trade tariffs. On average, firms tend to fight, by reallocating resources toward the BU affected by the trade shock and away from other BUs within the same firm. Two variables moderate this first-order effect with opposite signs. The level of sunk cos...
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作者:Zhu, Qi; Hu, Songcui; Shen, Wei
作者单位:Hong Kong Polytechnic University; University of Arizona; Arizona State University; Arizona State University-Tempe
摘要:Research Summary This study draws attention to the impact of prior board experiences on the variation in new insider CEOs' degree of insiderness in terms of commitment to the status quo and their propensity to make strategic change. We theorize and find that new insider CEOs' prior board experience at the focal firm has a negative effect on strategic change, whereas their prior board experience at other firms has a positive effect. Moreover, the positive effect of prior board experience at oth...
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作者:He, Vivianna Fang; Puranam, Phanish; Shrestha, Yash Raj; von Krogh, Georg
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich; INSEAD Business School
摘要:Research summary Resolving governance disputes is of vital importance for communities. Gathering data from GitHub communities, we employ hybrid inductive methods to study discussions around initiation and change of software licenses-a fundamental and potentially contentious governance issue. First, we apply machine learning algorithms toidentifyrobust patterns in data: resolution is more likely in larger discussion groups and in projects without a license compared to those with a license. Seco...