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作者:Flammer, Caroline
作者单位:Boston University
摘要:Research Summary: This study examines whether corporate social responsibility (CSR) improves firms' competitiveness in the market for government procurement contracts. To obtain exogenous variation in firms' social engagement, I exploit a quasi-natural experiment provided by the enactment of state-level constituency statutes, which allow directors to consider stakeholders' interests when making business decisions. Using constituency statutes as instrumental variable (IV) for CSR, I find that c...
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作者:Tang, Yi; Mack, Daniel Z.; Chen, Guoli
作者单位:Hong Kong Baptist University; Singapore Management University; INSEAD Business School
摘要:Research Summary: While prior studies have predominantly shown that CEO narcissism and hubris exhibit similar effects on various strategic decisions and outcomes, this study aims to explore the mechanisms underlying how narcissistic versus hubristic CEOs affect their firms differently. Specifically, we investigate how peer influence moderates the CEO narcissism/hubris-corporate social responsibility (CSR). With a sample of S&P 1500 firms for 2003-2010, we find that the positive relationship be...
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作者:Ramirez, Cristian; Tarzijan, Jorge
作者单位:Pontificia Universidad Catolica de Chile
摘要:Research Summary: We evaluate how the value appropriated by employees varies in response to an exogenous shock to the price of the firm's product and how this variation depends on institutional and ownership structures. Institutional and ownership structures that favor employees can influence firms' location decisions and shareholders' incentives to invest. Using data from the main copper mines in the world, we show that the value appropriated by employees rises in response to an exogenous inc...
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作者:Barney, Jay B.; Foss, Nicolai J.; Lyngsie, Jacob
作者单位:Utah System of Higher Education; University of Utah; Bocconi University
摘要:Research Summary: Much research suggests that entrepreneurial opportunities in established firms result from bottom-up initiative in a diverse workforce, senior management's main role in the entrepreneurial process is to select among opportunities generated in the bottom-up process, and it should refrain from directly getting involved in this process. We develop an alternative and more active view of the role of senior management in the opportunity formation process in which senior management ...
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作者:Gupta, Abhinav; Misangyi, Vilmos F.
作者单位:University of Washington; University of Washington Seattle; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Research Summary: We argue that because charisma and narcissism represent widely held prototypes of effective and ineffective forms of leadership, respectively, the likelihood that a focal firm will imitate the practices of its peer firms is affected by these peer firms' CEO characteristics. We theorize that peer firm CEO charisma enhances the focal firm's imitation of peer firms' behaviors, while peer firm CEO narcissism diminishes it. We further posit that the uncertainty of the context affe...
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作者:Bowen, Frances E.; Bansal, Pratima; Slawinski, Natalie
作者单位:University of London; Queen Mary University London; Western University (University of Western Ontario); Memorial University Newfoundland
摘要:Research Summary: Much of the research on corporate collective action to manage common pool resources is focused on coordinated actions, such as voluntary programs, rather than collaborative actions, such as technology sharing. In this article, we examine inductively the collective actions taken by a consortium of 12 oil sands companies to address three environmental issues of different scale. We identified a set of organizing rules that determined whether the relationship among industry membe...
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作者:Luoma, Jukka; Falk, Tomas; Totzek, Dirk; Tikkanen, Henrikki; Mrozek, Alexander
作者单位:Aalto University; University of Passau; Alphabet Inc.; Google Incorporated
摘要:Research Summary: Low-price market entries, aiming for rapid sales growth, tend to prompt strong competitive reactions. This research explores whether and how firms using low-price entry strategies can mitigate retaliatory incumbent reactions. An experiment with 656 managers shows that entrants can attenuate the strength of incumbents' responses by fostering perceptions of high aggressiveness or low commitment. Entrants may be able to accomplish this by adjusting their entry strategy to embed ...
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作者:Kaul, Aseem; Nary, Paul; Singh, Harbir
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Pennsylvania
摘要:Research Summary: We examine the role of nonventure private equity firms in the market for divested businesses, comparing targets bought by such firms to those bought by corporate acquirers. We argue that a combination of vigilant monitoring, high-powered incentives, patient capital, and business independence makes private equity firms uniquely suited to correcting underinvestment problems in public corporations, and that they will therefore systematically target divested businesses that are o...
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作者:Posen, Hart E.; Martignoni, Dirk
作者单位:University of Wisconsin System; University of Wisconsin Madison; Universita della Svizzera Italiana
摘要:Research Summary: Imitation is a central construct in strategy theory because it is assumed to diminish inter-firm performance heterogeneity within an industry. We revisit this assumption, which is premised on the logic that imitated practices act directly to make the imitator more similar to its target. This logic is incomplete because imitation also acts indirectly-via its effect on an imitator's post-imitation experiential learning efforts through which it refines imitated practices and fil...
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作者:Chen, John S.; Garg, Pranav
作者单位:State University System of Florida; University of Florida; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore
摘要:Research Summary: While research has focused primarily on stars as individual contributors, we examine organizational situations where stars must work closely with non-stars. We argue that, in such situations, building teamwork around a star is an exercise in learning under complexity. In response, organizations prioritize interactions involving the star to simplify learning. This simplification, however, creates organizational myopia. We claim that a star's temporary absence helps the organiz...