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作者：Belenzon, Sharon; Hashai, Niron; Patacconi, Andrea
作者单位：Duke University; Reichman University; University of East Anglia
摘要：Research Summary This paper examines the relationship between strategic decision-making at the subsidiary level and organizational structure. In many organizations, headquarters and subsidiaries are separated by intermediate subsidiaries. Building on the attention-based view of the firm, we argue that the greater the organizational distance of a focal subsidiary from headquarters (measured by the number of intermediate subsidiaries separating the subsidiary from headquarters), the lower the at...
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作者：Krause, Ryan; Li, Weiwen; Ma, Xufei; Bruton, Garry D.
作者单位：Texas Christian University; Sun Yat Sen University; City University of Hong Kong; Jilin University
摘要：Research Summary Strategic leadership scholars have produced consistent evidence that the CEO effect on firm performance depends on the latitude of actions CEOs enjoy in their particular context. We argue that as the governance leaders of their firms, board chairs choose a firm's objectives more than they do its actions. As a result, the board chair effect should vary with latitude of objectives, rather than latitude of actions. We explore this possibility by comparing the board chair effect i...
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作者：Ody-Brasier, Amandine; Sharkey, Amanda
作者单位：Yale University; University of Chicago
摘要：Research Summary This paper examines firms' strategic responses to reputational pressures in a critical healthcare domain-the U.S. nursing home industry. We investigate whether organizations improved in terms of care quality following an exogenous change in the required number of nursing hours associated with star-based ratings to which nursing homes are subject. We show that although firms at risk of losing a star tended to self-report higher staffing levels after the policy change, these rep...
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作者：Ethiraj, Sendil; Zhou, Yue Maggie
作者单位：University of London; London Business School; University of Michigan System; University of Michigan
摘要：Research Summary This paper examines how incumbent firms' market positions and interdependencies across their submarkets influence their responses to entry threats. We adapt a model of capacity deterrence to show that because premium and low-cost incumbents face different demand functions and operating costs, they experience different tradeoffs between ignoring, deterring, and accommodating threatened entry. In addition, the interdependencies within and between a premium incumbent's submarkets...
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作者：Gomez-Solorzano, Manuel; Tortoriello, Marco; Soda, Giuseppe
作者单位：Tilburg University; Bocconi University; Bocconi University
摘要：Research Summary In this paper, we contribute to research on networks and innovation by distinguishing between instrumental and affective ties and assessing their impact on individual innovativeness. In particular, using original data from the corporate R&D laboratory of a global pharmaceutical company, we evaluate how a specific structural arrangement (i.e., belonging to a clique) affects inventors' innovative productivity. Our results show that both instrumental/knowledge-sharing cliques and...
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作者：Kavusan, Korcan; Frankort, Hans T. W.
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; City St Georges, University of London
摘要：Research Summary Extant research suggests that firms rationally evaluate external and/or internal contingencies when deciding how to reconfigure their alliance portfolios. We advance a behavioral perspective which assumes that managers are boundedly rational and thus rely on behavioral heuristics when making alliance portfolio reconfiguration decisions. In panel data on U.S.-listed biotechnology firms, we find that below-aspiration performance motivates a firm to form alliances with novel part...
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作者：Ridge, Jason W.; Ingram, Amy; Abdurakhmonov, Mirzokhidjon; Hasija, Dinesh
作者单位：University of Arkansas System; University of Arkansas Fayetteville; Clemson University
摘要：Research Summary We argue that because influence in the political arena can net benefits for firms, investors will respond favorably to indications of firm political influence. We focus on testimony before Congress because it is one of the most highly sought after and influential points of governmental access. Our findings indicate that firms reap positive abnormal returns surrounding Congressional testimony and that investors respond more favorably to aspects of testimony that indicate additi...
