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作者：Dai, Li; Eden, Lorraine; Beamish, Paul W.
作者单位：Loyola Marymount University; Texas A&M University System; Texas A&M University College Station; Mays Business School; Western University (University of Western Ontario)
摘要：Research summary: When war occurs in a country, some foreign multinational enterprises (MNEs) stay on, while others flee. We argue that MNE responses to external threats depend on the firm's vulnerability, which we decompose into exposure (proximity to threat), at-risk resources (potential for loss), and resilience (capacity for coping). We test the independent and interactive effects of these dimensions using a geo-referenced sample of 1,162 MNE subsidiaries in 20 war-afflicted countries betw...
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作者：Huang, Zhi; Zhu, Hong (Susan); Brass, Daniel J.
作者单位：University of Kentucky; Peking University Shenzhen Graduate School (PKU Shenzhen); Peking University
摘要：Inconclusive findings about the effect of national cultural differences on post-acquisition performance may be created by the failure to distinguish among the different cultural dimensions and the asymmetry of cultural differences. To demonstrate a different approach, this study focuses on one dimension of national cultural values-power distance value (PDV) and develops a framework for the asymmetric effect of PDV differences in creating two types of conflicts. The analysis of 2,115 cross-bord...
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作者：Shi, Wei; Hoskisson, Robert E.; Zhang, Yan Anthea
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Indianapolis; Rice University
摘要：Research summary: This study examines the relationship between an independent director's death and CEO acquisitiveness. Using a sample of large U.S. public firms, we find that CEOs who have experienced an independent director's death undertake fewer acquisitions in the post-director death period, in particular fewer large acquisitions. Our findings are consistent with the prediction of posttraumatic growth theory that mortality awareness can induce CEOs to reevaluate their life priorities and ...
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作者：Goranova, Maria; Abouk, Rahi; Nystrom, Paul C.; Soofi, Ehsan S.
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; William Paterson University New Jersey
摘要：Research summary: Shareholder activism has become more widespread, yet the role of corporate governance as antecedent to shareholder activism remains equivocal. We propose a new conceptual model that characterizes the stochastic of observable shareholder activism as a compound product of two latent components representing (1) shareholder activists' propensity to target a company and (2) executives' propensity to settle activists' demands privately. Our model explicitly decouples corporate gove...
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作者：Li, Xiaoyang; Zhou, Yue M.
作者单位：Shanghai Jiao Tong University; University of Michigan System; University of Michigan
摘要：Research summary: We examine the role of firm strategy in the global effort to combat pollution. We find that U.S. plants release less toxic emissions when their parent firm imports more from low-wage countries (LWCs). Consistent with the Pollution Haven Hypothesis, goods imported by U.S. firms from LWCs are in more pollution-intensive industries. U.S. plants shift production to less pollution-intensive industries, produce less waste, and spend less on pollution abatement when their parent imp...
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作者：Moeen, Mahka
作者单位：University of North Carolina; University of North Carolina Chapel Hill
摘要：This article examines the capability antecedents of firm entry into nascent industries. Because a firm's technological investments in nascent industries typically occur before market entry, this study makes a distinction between firm capabilities at the time of market entry and at the time of initial investment. At the time of market entry, core technical capabilities and complementary assets influence the likelihood of entry. However, at the time of investment, a firm's integrative capabiliti...
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作者：Caner, Turanay; Cohen, Susan K.; Pil, Frits
作者单位：St. John's University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：Research summary: The knowledge-based view suggests that complex problems are best solved under hierarchical (within-firm) governance. We examined why firms assumed to be in general alignment with this theory might nonetheless produce solutions of varying usefulness. We theorize that a firm's internal knowledge variety (IKV) is associated with its capacity to support cross-domain knowledge flows during search, and its ability to identify and explore promising areas on the solution landscape. W...
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作者：Kang, Jingoo; Kang, Ribuga; Kim, Sang-Joon
作者单位：Nanyang Technological University; Chinese University of Hong Kong; Ewha Womans University
摘要：Research summary: Since Nickerson and Zenger (2002) proposed how vacillation may lead to organizational ambidexterity, large-sample empirical tests of their theory have been missing. In this paper, we empirically examine the performance implications of vacillation. Building upon vacillation theory, we predict that the frequency and scale of vacillation will have inverted U-shaped relationships with firm performance. We test our hypotheses using patent-based measures of exploration and exploita...
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作者：Luoma, Jukka; Ruutu, Sampsa; King, Adelaide Wilcox; Tikkanen, Henrikki
作者单位：Aalto University; VTT Technical Research Center Finland; University of Virginia; Stockholm University
摘要：Research summary: Competitors' experiences of prior interactions shape patterns of rivalry over time. However, mechanisms that influence learning from competitive experience remain largely unexamined. We develop a computational model of dyadic rivalry to examine how time delays in competitors' feedback influence their learning. Time delays are inevitable because the process of executing competitive moves takes time, and the market's responses unfold gradually. We analyze how these lags impact ...
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作者：Oh, Chang Hoon; Oetzel, Jennifer
作者单位：Simon Fraser University; Korea University; American University
摘要：Research summary: Researchers have increasingly emphasized the need to better understand how context affects the value of experiential learning. We address this gap by investigating when corporate-level experience can be leveraged across borders and when experience needs to be country-specific to be valuable. We test our hypotheses using a unique multi-source panel dataset of 379 large MNCs from 29 home countries and their subsidiaries in 117 host countries over a 10-year period, 1999-2008. In...
