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作者：Barthelemy, Jerome
作者单位：ESSEC Business School
摘要：Research summary: Recent research rooted in the resource-based view of the firm suggests that resources are more likely to create value if they are effectively managed. An underlying assumption of the literature is that firms manage their resources on their own. However, many firms hire consultants to help them do so. In this study, I develop and test hypotheses regarding the impact of technical consultants on the quality of their clients' products. Using data from the Bordeaux wine industry, ...
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作者：Stan, Mihaela; Puranam, Phanish
作者单位：University of London; University College London; INSEAD Business School
摘要：Research summary: We investigate how organizational adaptation to interdependence shifts is influenced by integrators. These are formally mandated managerial roles meant to promote coordination across specialized but interdependent organizational subunits, yet they do so without relying on formal authority. While much has been learned about how integrators promote steady-state coordination within a known pattern of interdependence, less is known about their impact on organizational adaptation ...
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作者：Bromiley, Philip; Rau, Devaki; Zhang, Yu
作者单位：University of California System; University of California Irvine; Northern Illinois University; China Europe International Business School
摘要：Many studies use research and development (R&D) intensity or R&D spending as a proxy for risk taking, but we have little evidence that either associates positively with firm risk. We analyze the relations between R&D intensity (R&D spending to sales) and R&D spending on the one hand and 11 different indicators of firm risk on the other, using data from 1,907 to 3,908 firms in various industries over 13 years. The analysis finds a general lack of consistent positive association between R&D and ...
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作者：Goranova, Maria L.; Priem, Richard L.; Ndofor, Hermann A.; Trahms, Cheryl A.
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; Texas Christian University; Indiana University System; Indiana University Indianapolis; IU Kelley School of Business; Minnesota State Colleges & Universities; Minnesota State University Mankato
摘要：Research summary: We investigate the effects of monitoring by boards of directors and institutional shareholders on merger and acquisition (M&A) performance extremeness using a sample of M&A deals from 1997 to 2006. Both governance research and legal reforms generally have espoused a raise all boats view of monitoring. We instead investigate whether monitoring may serve as a double-edged sword that limits CEO discretion to undertake both value-destroying M&A deals and value-creating ones. Our ...
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作者：Souder, David; Zaheer, Akbar; Sapienza, Harry; Ranucci, Rebecca
作者单位：University of Connecticut; University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Twin Cities; University of Hartford
摘要：Research summary: In family businesses, investment decisions often involve both socioemotional wealth and economic considerations. Focusing on new technology adoption, we argue that multiple dimensions of socioemotional wealth contribute to complex effects within different types of family firms-depending on the level of family control-as well as in contrast to non-family firms. Results based on cable TV operators from 1983 to 1987 confirm that family ownership correlates negatively with techno...
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作者：Li, Chengguang; Brodbeck, Felix C.; Shenkar, Oded; Ponzi, Leonard J.; Fisch, Jan Hendrik
作者单位：University of Paderborn; University of Munich; University System of Ohio; Ohio State University; Vienna University of Economics & Business; University of Newcastle
摘要：Prior research focused on cultural differences and their impact on foreign direct investment (FDI), neglecting other potentially relevant variables attesting to the cultural interaction between a multinational enterprise and its host environment. In this article, we draw on interpersonal attraction research to develop a positive approach to cross-cultural interaction with the cultural attractiveness (CA) construct, whereby members of a focal culture view another culture as desirable. We create...
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作者：Cuypers, Ilya R. P.; Cuypers, Youtha; Martin, Xavier
作者单位：Singapore Management University; Universidade Nova de Lisboa; Tilburg University
摘要：Research summary: Extending research on the effect of experience on acquisition outcomes, we examine how the differential in previous M&A experience between the target and the acquirer affects the value they, respectively, obtain when the acquirer takes over the target. Drawing on literature about organizational learning, negotiation, and information economics, we theorize that the party with greater experience will be able to obtain more value. Furthermore, we theorize that the effect of diff...
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作者：Trigeorgis, Lenos; Reuer, Jeffrey J.
作者单位：University of Cyprus; University of Colorado System; University of Colorado Boulder
摘要：Research summary: This article provides a review of real options theory (ROT) in strategic management research. We review the fundamentals of ROT and provide a taxonomy of this research. By synthesizing and critiquing research on real options, we identify a number of important challenges as well as opportunities for ROT if it is to enhance its impact on strategic management and potentially develop into a theoretical pillar in the field. We examine how ROT can inform the key tensions that manag...
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作者：Zhao, Eric Yanfei; Fisher, Greg; Lounsbury, Michael; Miller, Danny
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Alberta; University of Alberta; Universite de Montreal; HEC Montreal
摘要：Research summary: Attaining optimal distinctiveness-positive stakeholder perceptions about a firm's strategic position that reconciles competing demands for differentiation and conformity-has been an important focal point for scholarship at the interface of strategic management and institutional theory. We provide a comprehensive review of this literature and situate studies on optimal distinctiveness in the broader scholarly effort to integrate institutional theory into strategic management. ...
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作者：Bettinazzi, Emanuele L. M.; Zollo, Maurizio
作者单位：emlyon business school; Bocconi University
摘要：Research summary: In this article, we study how a firm's stakeholder orientation affects the performance of its corporate acquisitions. We depart from prior literature and suggest that orientations toward employees, customers, suppliers, and local communities will affect long-term acquisition performance both directly and through its interactions with process characteristics, such as preacquisition relatedness and postacquisition integration. Analyses of data on a sample of 1884 acquisitions s...
