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作者：Chatterji, Aaron K.; Cunningham, Colleen M.; Joseph, John E.
作者单位：Duke University; University of London; London Business School; University of California System; University of California Irvine
摘要：Research Summary: We explore how interorganizational relationships shape firm boundary decisions. Using data on 545 U.S. medical device manufacturers' product portfolios and sales-governance choices (i.e., internal or external sales forces) from 1983 to 1996, we find relational capital between manufacturers and external sales forces influences future firm boundary decisions. Relational capital lowers the likelihood of integrating the sales function, but only when firms remain focused on the sa...
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作者：Benischke, Mirko H.; Martin, Geoffrey P.; Glaser, Lotte
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Melbourne
摘要：Research Summary We draw upon applied psychology literature to explore interagent differences in perceived risk to their equity when making strategic risk decisions. Our theory suggests behavioral agency's predicted negative relationship between equity risk bearing and strategic risk taking is contingent upon four personality traits. Our empirical analyses, based on personality profiles of 158 Chief Executive Officers (CEOs) of S&P 1,500 firms in manufacturing industries, indicate the relation...
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作者：Huy, Quy; Zott, Christoph
作者单位：INSEAD Business School; University of Navarra
摘要：Research Summary Our inductive field study identifies specific emotion regulation (ER) actions as affective underpinnings of dynamic managerial capabilities. ER refers to the management and modification of one's own and other people's emotions for a specific purpose. Our study shows how differences in managers' attention to ER influence the extent to which they can mobilize resources to pursue market opportunities. We show how their ER of the self helps them mobilize human capital resources by...
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作者：Westphal, James D.; Zhu, David H.
作者单位：University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; Arizona State University; Arizona State University-Tempe
摘要：Research Summary In this study, we reveal a previously unstudied type of board tie that may help firms manage competitive uncertainty. While firms face regulatory barriers to the use of board interlock ties as a strategy for reducing competition, we suggest that firms can circumvent these barriers by appointing the friends of competitors' chief executive officers (CEOs) to their boards. Our theoretical framework addresses the antecedents, maintenance, and performance consequences of such board...
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作者：Haans, Richard F. J.
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：Research Summary Is moderate distinctiveness optimal for performance? Answers to this question have been mixed, with both inverted U and U-shaped relationships being argued for and found in the literature. I show how nearly identical mechanisms driving the distinctiveness-performance relationship can yield both U-shaped and inverted U-shaped effects due to differences in relative strength, rather than their countervailing nature. Incorporating distinctiveness heterogeneity, I theorize a U-shap...
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作者：Gambeta, Eni; Koka, Balaji R.; Hoskisson, Robert E.
作者单位：University System of Ohio; University of Cincinnati; Rice University
摘要：Research Summary: A firm's stakeholder orientation toward its employees is argued to be beneficial for firm outcomes. However, this orientation may also have disparate impacts on particular behaviors and outcomes, such as local versus distant search, which impose contradictory firm requirements. We find that while a strong firm-employee relationship leads to increasingly higher levels of local search (exploitation), it also leads to increasingly lower levels of distant search (exploration). In...
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作者：Belderbos, Rene; Tong, Tony W.; Wu, Shubin
作者单位：KU Leuven; Maastricht University; Maastricht University; University of Colorado System; University of Colorado Boulder; University of Liverpool
摘要：Research Summary One of the motivations for multinational firms' investment in foreign affiliates in uncertain environments is the future growth opportunities the investment may bring. We argue that whether firms derive growth option value from their multinational investment is determined by the interaction between market uncertainty and firms' incremental investment strategy. We show evidence that multinational investment creates growth option value for firms operating affiliates in host coun...
