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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: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...
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作者:Bermiss, Y. Sekou; Hallen, Benjamin L.; Mcdonald, Rory; Pahnke, Emily C.
作者单位:University of Texas System; University of Texas Austin; University of Washington; University of Washington Seattle; Harvard University
摘要:Research summary: This article investigates the social context of entrepreneurship in organizational sectors. Prior research suggests that firm foundings are driven by collective patterns of activity-such as patterns of prior foundings in a given sector. Building on research on social salience and signals, we consider the influence of singular sector-level triggers, which we call entrepreneurial beacons. We argue that the actions or outcomes of single, salient organizations attract and motivat...
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作者:Chatterjee, Joydeep
作者单位:University of Washington; University of Washington Bothell; University of Pennsylvania
摘要:Research summary: In knowledge-based industries, continuous human capital investments are essential for firms to enhance capabilities and sustain competitive advantage. However, such investments present a dilemma for firms, because human resources are mobile. Using detailed project-level operational, financial, and human capital data from a leading multinational firm in the global IT services industry, this study finds that deliberate investments in improving general human capital can help fir...
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作者:Fitza, Markus A.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Frankfurt School Finance & Management; University of Newcastle
摘要:How much of the variance in firm performance can be attributed to CEOs? This question has been the focus of a long debate in management research. In a recent study, I showed that a large portion of the performance differences that are often attributed to CEOs might in fact be due to chance. In a recent article, Quigley and Graffin argue that my conclusions can be avoided if more advanced methodological approaches are applied. Here I show that this is not the case, in fact if more realistic ass...
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作者:Eshima, Yoshihiro; Anderson, Brian S.
作者单位:University of Osaka; University of Colorado System; University of Colorado Boulder
摘要:Research summary: This paper posits adaptive capability as a mechanism through which a firm's prior growth influences the exhibition of future entrepreneurial action. Defined as the firm's proficiency in altering its understanding of market expectations, increased adaptive capability is a consequence of the new resource combinations that result from expanding organizational boundaries. Increased adaptive capability in turn corresponds to expansion of entrepreneurial activity, as firms increase...
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作者:Guo, Yidi; Quy Nguyen Huy; Xiao, Zhixing
作者单位:INSEAD Business School; Peking University; Peking University Shenzhen Graduate School (PKU Shenzhen)
摘要:Research summary: Although the middle management literature has identified various bridging roles performed by middle managers in the market environment, it is relatively vague about whether and how they manage the political environment to achieve market-related goals. In an inductive field study of four large state-owned enterprises based in mainland Communist China, operational middle managers were found to take an active role in dealing with political actors to achieve market efficiency in ...
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作者:Shepherd, Dean A.; Mcmullen, Jeffery S.; Ocasio, William
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Northwestern University
摘要:Research summary: Exploiting opportunities is critical to a firm's competitive advantage. Not surprisingly, there has been considerable interest in the processes by which top managers allocate attention to potential opportunities. Although such investigations have largely focused on top-down processes for allocating attention to the environment, some studies have explored bottom-up processes. In this article, we consider both top-down and bottom-up processing to develop a model by which top ma...
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作者:Lieberman, Marvin B.; Lee, Gwendolyn K.; Folta, Timothy B.
作者单位:University of California System; University of California Los Angeles; State University System of Florida; University of Florida; University of Connecticut; Universites de Strasbourg Etablissements Associes; Universite de Strasbourg
摘要:Research summary: Combining the concept of resource relatedness with the economic notion of sunk costs, we assess how the potential for resource redeployment affects market entry and exit by multi-business firms. If the performance of a new business falls below expectations, a diversified firm may be able to redeploy its resources back into related businesses. In effect, relatedness reduces the sunk costs associated with a new business, which facilitates exit. This, in turn, has implications f...