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作者:Rabier, Maryjane R.
作者单位:McGill University
摘要:Research summary: I examine how acquisition motives relate to the distribution of post-acquisition performance. I argue that acquisitions motivated by operating synergies have the potential to experience greater gains than acquisitions driven by financial synergies but are harder to value and implement, making them more uncertain. Using SEC filings, conference calls and press releases to capture acquisition motives, I find that acquirers pursuing operating synergies are more likely to experien...
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作者:Armanios, Daniel Erian; Eesley, Charles E.; Li, Jizhen; Eisenhardt, Kathleen M.
作者单位:Carnegie Mellon University; Stanford University; Tsinghua University
摘要:Research summary: Governments in emerging economies often use institutional intermediaries to promote entrepreneurship, and bridge the void between ventures and public funding. While prior literature describes what institutional intermediaries do, it leaves open how intermediaries support different types of entrepreneurs. By comparing science park and non-science park firms in Beijing and across China, we distinguish which entrepreneurs benefit from certification versus capability-building thr...
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作者:Certo, S. Trevis; Withers, Michael C.; Semadeni, Matthew
作者单位:Arizona State University; Arizona State University-Tempe; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Research summary: We investigate the theoretical and empirical implications of longitudinal data in strategy research. Theoretically, longitudinal data allow strategy researchers to distinguish between relationships among constructs within versus between firms. Empirically, longitudinal data contain information about two types of relationships: within- and between-firm. We describe how the hybrid approach, a technique used in other disciplines, disentangles within- and between-firm relationshi...
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作者:Guo, Guangrui
作者单位:University of Windsor; University of Miami; Tsinghua University
摘要:Research summary: This study employs longitudinal multilevel modeling to re-examine the relative importance of business unit, corporation, industry, and year effects on business unit performance. Total variance in performance is partitioned into stable variance and dynamic variance. Sources of these two parts of variance are explored. Empirical results indicate that (1) stable effects of corporation-industry interaction are substantially important, but were unequally confounded with stable eff...
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作者:Rowley, Timothy J.; Shipilov, Andrew V.; Greve, Henrich R.
作者单位:University of Toronto; INSEAD Business School; INSEAD Business School
摘要:External stakeholders frequently attempt to influence organizations' adoption of new practices through the creation of public ratings. Based on the insights of performance feedback theory, we develop the theory of organizational reactions to external ratings to explain how firms' behaviors depend on their rating scores and their profitability. A central issue in our theory is the conflict between established internal goals and goals introduced by public ratings, with public ratings receiving l...