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作者：Paruchuri, Srikanth; Pollock, Timothy G.; Kumar, Naveen
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Tennessee System; University of Tennessee Knoxville; University of Washington; University of Washington Bothell
摘要：Research Summary This study contributes to the reputation spillover literature by showing how a crisis caused by a firm's capability failure enhances the reputations of its rivals. We consider how the combination of rivals' characteristics that increase their associability with the focal firm and the extent to which the crisis is salient in the minds of stakeholders can lead to positive reputation spillovers, and we also explore how long the positive reputation spillover lasts. Using a natural...
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作者：Petrenko, Oleg, V; Aime, Federico; Recendes, Tessa; Chandler, Jeffrey A.
作者单位：Texas Tech University System; Texas Tech University; Oklahoma State University System; Oklahoma State University - Stillwater; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Western Kentucky University
摘要：Research Summary In this study, we investigate the effect of chief executive officer (CEO) humility on firm's market performance. We argue and find that firms with more humble CEOs will have better market performance but not because they actually perform better but, rather, because they benefit from an expectation discount in the market. Specifically, we show that, all else equal, financial analysts announce lower earnings per share expectations for firms with more humble CEOs. This expectatio...
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作者：Busenbark, John R.; Marshall, Nathan T.; Miller, Brian P.; Pfarrer, Michael D.
作者单位：University of Notre Dame; University of Colorado System; University of Colorado Boulder; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; University System of Georgia; University of Georgia
摘要：Research Summary Violation severity represents an important contextual factor in explaining the extent to which top actor performance is a benefit or burden following a negative event. Research often conflates how observers perceive an event with its objective severity, however, while ignoring the potential divergence between both types. We therefore introduce the severity gap, which reflects the degree to which perceived and objective violation severity diverge, and we theorize about how it i...
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作者：Du, Xianjin; Li, Meng; Wu, Brian
作者单位：Hefei University of Technology; Rutgers University System; Rutgers University New Brunswick; Rutgers University Camden; University of Michigan System; University of Michigan
摘要：Research Summary Incumbent firms often reposition themselves in response to entrants, but when doing so they incur repositioning costs. Incumbent repositioning costs and the associated decision biases have been identified in the economics, operations, and strategy literatures as critical aspects of the competitive interactions between incumbents and entrants, but they have received limited attention in game-theoretic treatments at the strategy level. To fill this gap, we develop a strategic me...
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作者：Kim, Jin Hyung
作者单位：George Washington University
摘要：Research Summary Prior research in political strategy shows that political capital is critical in achieving desirable nonmarket strategy outcomes. Less attention has been paid to the fact that firms vary in their ability to acquire political capital. Foreign firms, which typically suffer from the liability of foreignness, have difficulty acquiring and strengthening political capital in a host country. Drawing on the literatures on political capital, the liability of foreignness, and certificat...
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作者：Guldiken, Orhun; Mallon, Mark R.; Fainshmidt, Stav; Judge, William Q.; Clark, Cynthia E.
作者单位：State University System of Florida; Florida International University; Elon University; Old Dominion University; Bentley University
摘要：Research Summary We employ an exploratory approach to understand what differentiates boards that retain limited, potentially tokenistic, gender diversity (i.e., a single female director), and boards that more genuinely diversify their composition by appointing additional female directors. Previous studies have speculated that strategic leaders responsible for board appointments may influence this occurrence. Using longitudinal data on U.S. firms, we find that more female top managers and havin...
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作者：Angus, Ryan W.
作者单位：West Virginia University
摘要：Research Summary This paper seeks to extend the problemistic search literature by investigating how far entrepreneurial organizations seeking to improve their chances for success should search, depending on their level of past performance. Drawing on a novel data set from the Google Play app store, the paper finds support for its hypothesis that past performance moderates the relationship between search distance and subsequent performance. As past performance increases, the less beneficial (an...
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作者：Shi, Wei; Connelly, Brian L.; Mackey, Jeremy D.; Gupta, Abhinav
作者单位：University of Miami; Auburn University System; Auburn University; University of Washington; University of Washington Seattle
摘要：Research Summary A number of studies examine the extent to which boards compensate CEOs for their firm's performance (i.e., pay-for-performance), but these studies typically do not incorporate what CEOs actually do to bring about those performance outcomes. We suggest that directors will make stronger internal attributions about firm performance when the CEO engages in high levels of corporate strategic investment. CEOs that invest in firm growth essentially place their bets, so the pay-for-pe...
