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作者：Pan, Lingling; McNamara, Gerry; Lee, Jennifer J.; Haleblian, Jerayr (John); Devers, Cynthia E.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Michigan State University; Michigan State University's Broad College of Business; University of California System; University of California Riverside; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：Research Summary: Building on the communications and linguistics literatures, we explore the language attributes managers use in interactions with investors and the subsequent reactions of investors. Specifically, we hypothesize that top managers' use of concrete language attributes in communication with investors broadly associates with positive investor reactions. We further posit that this relationship will be moderated by the level of firm risk. Our results support our hypotheses and, thus...
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作者：Gandal, Neil; Markovich, Sarit; Riordan, Michael H.
作者单位：Tel Aviv University; Northwestern University; Columbia University
摘要：Research Summary: We examine the importance of office suites for the evolution of the personal computer (PC) office software market in the 1990s. An estimated discrete-choice model reveals a positive correlation of consumer values for spreadsheets and wordprocessors, a bonus value for suites, and advantages for Microsoft products. We employ the estimates to simulate various hypothetical market structures to evaluate the profitability, welfare, and competitive effects of suites under alternativ...
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作者：Manning, Stephan; Massini, Silvia; Peeters, Carine; Lewin, Arie Y.
作者单位：University of Massachusetts System; University of Massachusetts Boston; University of Manchester; Alliance Manchester Business School; Vlerick Business School; Duke University
摘要：Research Summary: This article studies how the logic of firm governance choices varies as a function of the time of adoption of particular sourcing practices. Using data on the diffusion of global business services sourcing as a management practice from early experiments in the 1980s through 2011, we show that the extent to which governance choices are affected by process commoditization, availability of external service capabilities, and past governance choices depends on whether firms are ea...
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作者：Yan, Jackie Zheng; Chang, Sea-Jin
作者单位：University of Hong Kong; National University of Singapore; Korea Advanced Institute of Science & Technology (KAIST)
摘要：Research Summary: We examine the performance impact of corporate political strategies by analyzing the relationships among firms and various government institutions. While a firm's political connections to a focal government with decision-making authority enhance performance, connections to a rival government competing with the focal government harm performance, particularly when the rivalry is intense. Firms can neutralize the negative effect from this political rivalry by using direct or ind...
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作者：Shi, Wei; Connelly, Brian L.
作者单位：University of Miami; Auburn University System; Auburn University
摘要：Research Summary: Regulatory bodies often wrestle with the thorny question of whether to mandate a governance practice or allow for organic adoption. While mandates afford rapid diffusion, we theorize that they also result in ceremonial adoptions. Leveraging a quasi-natural experiment, we compare adoption outcomes for a governance practice-lead director adoption-that was mandated by the NYSE but not the NASDAQ. We find that NYSE firms are more likely than NASDAQ firms to have installed a lead ...
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作者：Starr, Evan; Ganco, Martin; Campbell, Benjamin A.
作者单位：University System of Maryland; University of Maryland College Park; University of Wisconsin System; University of Wisconsin Madison; University System of Ohio; Ohio State University
摘要：Research Summary: We develop and test a theory examining how frictions that restrict mobility across industries and frictions constraining mobility within an industry can co-occur to effectively isolate individual human capital, ultimately changing the firm's make-versus-buy decision for human capital. Empirically, we demonstrate that when cross-industry frictions in the form of limited skill transferability and within-industry frictions in the form of noncompete enforceability are both presen...
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作者：Klapper, Helge; Reitzig, Markus
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Vienna
摘要：Research Summary: We investigate the conditions under which authority can be deployed without reducing subordinate motivation. We show that lateral authority, the legitimacy to resolve task-specific problems, is welcomed by members of an organization in the resolution of coordination conflicts, the more so (a) the fiercer the conflict to be resolved, (b) the higher the competence-based status of the authority, (c) the lower the tenure of, and (d) the more focused the organizational members are...
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作者：Jacobides, Michael G.; Cennamo, Carmelo; Gawer, Annabelle
作者单位：University of London; London Business School; Bocconi University; University of Surrey
摘要：Research Summary: The recent surge of interest in ecosystems in strategy research and practice has mainly focused on what ecosystems are and how they operate. We complement this literature by considering when and why ecosystems emerge, and what makes them distinct from other governance forms. We argue that modularity enables ecosystem emergence as it allows a set of distinct yet interdependent organizations to coordinate without full hierarchical fiat. We show how ecosystems address multilater...
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作者：Kalnins, Arturs
作者单位：University of Iowa
摘要：Research Summary: In multivariate regression analyses of correlated variables, we sometimes observe pairs of estimated beta coefficients large in absolute magnitude and opposite in sign. T-statistics are also large, suggesting meaningful findings. I found 64 recently published Strategic Management Journal articles with results exhibiting these characteristics. In this article, I demonstrate that such results may be Type 1 errors (false positives): If regressors are correlated via an unobservab...
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作者：Cummings, Trey; Knott, Anne Marie
作者单位：Washington University (WUSTL)
摘要：Research Summary: Innovation is the principle driver of firm and economic growth. Thus, one disturbing trend that may explain stagnant growth is a 65% decline in firms' R&D productivity. We propose that the rise of outside Chief Executive Officers (CEOs) may be partially responsible for the decline because those CEOs are more likely to lack technological domain expertise necessary to manage R&D effectively. While this proposition was motivated by interviews with Chief Technology Officers (CTOs...
