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作者：Raffaelli, Ryan; Glynn, Mary Ann; Tushman, Michael
作者单位：Harvard University; Boston College
摘要：Research SummaryWhy do incumbent firms frequently reject nonincremental innovations? Beyond technical, structural, or economic factors, we propose an additional factor: the degree of the top management team's (TMT) frame flexibility, i.e., their capability to cognitively expand an innovation's categorical boundaries and to cast the innovation as emotionally resonant with the organization's identity, competencies, and competitive boundaries. We argue that inertial forces generally constrict how...
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作者：Andrus, Joel L.; Withers, Michael C.; Courtright, Stephen H.; Boivie, Steven
作者单位：University of Missouri System; University of Missouri Columbia; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：Research SummaryWhy do top executives leave their firms? Research on executive turnover has either focused on CEO dismissal or on group-level top management team (TMT) departure rates, mostly ignoring individual-level factors that would predict why non-CEO executives exit. Here, we extend the shock perspective of the unfolding model of turnover used in organizational behavior research to show how relational and reputational shocks influence turnover at the executive level. Our sample includes ...
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作者：Corsino, Marco; Mariani, Myriam; Torrisi, Salvatore
作者单位：University of Bologna; Bocconi University; Bocconi University; University of Milano-Bicocca; University of Milano-Bicocca
摘要：Research SummaryThis research addresses firms' use of external knowledge sources to develop patented inventions and explores the validity of patent citations as an indicator of interfirm knowledge flows. By comparing patent citations with primary data reported by the inventors, we uncover systematic measurement errors in patent citations and show that they depend on the firms' patent strategies (e.g., to reduce the risk of imitation or litigation), the source of knowledge employed (e.g., compe...
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作者：Knippen, Jennifer M.; Shen, Wei; Zhu, Qi
作者单位：Arizona State University; Arizona State University-Tempe; Hong Kong Polytechnic University
摘要：Research SummaryThis study explores how external pressure for board gender diversity influences the increase of female directors. We propose that while external pressure has a positive effect on the increase of female directors on boards, it heightens the salience of gender in new director selection, making incumbent male directors more likely to treat the new female directors as outgroup members and consequently more likely to add them through addition of board seats rather than substitution ...
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作者：Natarajan, Siddharth; Mahmood, Ishtiaq P.; Mitchell, Will
作者单位：National University of Singapore; University of Toronto
摘要：Research SummaryManagers at multiple levels of a firm influence resource allocation but most research focuses on senior rather than middle managers. We study involvement of middle managers in decision making, focusing on how rewards and controls shape resource allocation. We argue that higher income growth uncertainty (rewards) and lower monitoring (controls) increase resource allocation most strongly when middle managers are more involved in decisions. We test the arguments for ATM and bank b...
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作者：Flammer, Caroline; Hong, Bryan; Minor, Dylan
作者单位：Boston University; New York University; Northwestern University
摘要：Research Summary: This study examines the integration of corporate social responsibility (CSR) criteria in executive compensation, a relatively recent practice in corporate governance. We construct a novel database of CSR contracting and document that CSR contracting has become more prevalent over time. We further find that the adoption of CSR contracting leads to (a) an increase in long-term orientation; (b) an increase in firm value; (c) an increase in social and environmental initiatives; (...
