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作者:Connelly, Brian L.; Tihanyi, Laszlo; Ketchen, David J., Jr.; Carnes, Christina Matz; Ferrier, Walter J.
作者单位:Auburn University System; Auburn University; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Nebraska System; University of Nebraska Lincoln; University of Kentucky
摘要:Research summary: Past inquiry has found that implementing complex competitive repertoires (i.e., diverse and dynamic arrays of actions) is challenging, but firms benefit from doing so. Our examination of the antecedents and outcomes of complex competitive repertoires develops a more nuanced perspective. Data from 1,168 firms in 204 industries reveal that complexity initially harms performance, but then becomes a positive factor, except at high levels. We use agency and tournament theories, re...
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作者:Asgari, Navid; Singh, Kulwant; Mitchell, Will
作者单位:Fordham University; National University of Singapore; University of Toronto
摘要:Research summary: We study how technological discontinuities generate first- and second-order effects on alliance formation and termination, leading to reconfiguration of firms' alliance portfolios. Following technological shocks, we argue that firms often seek alliances that provide new resources while also having incentives to form alliances for reinforced and challenged resources that complement the new resources. In parallel, alliance terminations, even involving resources otherwise unaffe...
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作者:Gupta, Abhinav; Briscoe, Forrest; Hambrick, Donald C.
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: Why do firms vary so much in their stances toward corporate social responsibility (CSR)? Prior research has emphasized the role of external pressures, as well as CEO preferences, while little attention has been paid to the possibility that CSR may also stem from prevailing beliefs among the body politic of the firm. We introduce the concept of organizational political ideology to explain how political beliefs of organizational members shape corporate advances in CSR. Using a ...
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作者:Mahmood, Ishtiaq P.; Zhu, Hongjin; Zaheer, Akbar
作者单位:National University of Singapore; McMaster University; University of Minnesota System; University of Minnesota Twin Cities
摘要:Research summary: Although prior research has suggested that equity ties are important for business groups, less attention has been paid to the specific mechanisms through which equity ties create value. We develop a framework that specifies how centralization of intragroup equity ties affects the performance of group affiliates. We use the exogenous shock of the 2008 financial crisis and a difference-in-differences analysis of 51,730 observations of business group affiliates in Taiwan to show...
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作者:Greenstein, Shane
作者单位:Harvard University
摘要:Research summary: The experience of Encyclopaedia Britannica provides the canonical example of the decline of an established firm at the outset of the digital age. Competition from Microsoft's Encarta in 1993 led to sharp declines in the sales of books, which led to the distressed sale of the firm in 1996. This article offers new source material about the actions at both Encarta and Britannica, and it offers a novel interpretation of events. Britannica's management did not misperceive the oppo...
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作者:Zhou, Yue Maggie; Wan, Xiang
作者单位:University of Michigan System; University of Michigan; University System of Ohio; Ohio State University
摘要:Research summary: In vertical relationships, the potential for scale economy in manufacturing often calls for specialization and outsourcing. Specialization, however, depends critically on the stability of the task and contractual environment. In a highly uncertain environment, the need for frequent mutual adjustments favors integration instead of outsourcing. To evaluate vertical relationships in value chains where one stage competes on product variety under great uncertainty and the other st...
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作者:Kuusela, Pasi; Keil, Thomas; Maula, Markku
作者单位:University of Zurich; Aalto University
摘要:Research summary: Prior literature drawing on the behavioral theory of the firm has not considered how resource constraints impact the direction of organizational change in response to performance shortfalls relative to aspirations. We argue that decreasing financial resources resulting from substantial performance shortfalls and the absence or availability of slack resources together affect the emphasis on different types of organizational change in response to performance shortfalls. Using d...
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作者:Girod, Stephane J. G.; Whittington, Richard
作者单位:University of Reading; International Institute for Management Development (IMD); University of Oxford
摘要:Research summary: Reorganization has been proposed as a key dynamic capability. This study compares the performance outcomes of two forms of reorganization, differing in their pervasiveness: organizational restructuring and organizational reconfiguration. Our dynamic panel data analysis of large U.S. corporations between 1985 and 2004 finds contrasting performance outcomes for these two forms of reorganization: in general, the more pervasive restructuring is associated with positive performanc...
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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 ...