-
作者：Belenzon, Sharon; Tsolmon, Ulya
作者单位：Duke University; Washington University (WUSTL)
摘要：Research summary: We show that frictions in labor and capital markets can be a source of competitive advantage for affiliates of corporate groups over stand-alone firms in environments where benefits from internal markets' flexibility are high. We argue that the advantage of flexibility in changing labor inputs is related to how difficult it is to change capital inputs. We predict that if substituting labor with capital is difficult, the group advantage of flexibly changing labor would be stro...
-
作者：Schillebeeckx, Simon J. D.; Chaturvedi, Sankalp; George, Gerard; King, Zella
作者单位：Singapore Management University; Imperial College London; University of Reading
摘要：Research summary: We examine individuals' collaboration preferences in the Knowledge Transfer Network (KTN) for the UK plastics electronics sector. Using conjoint analysis, we investigate how aspiration gaps and relational capability affect the value placed on potential organizational collaborations. Aspiration gaps reflect individuals' perception of whether they are ahead of or behind peers on their career trajectory, and relational capability captures three distinct dimensions: networking sk...
-
作者：Roy, Raja; Sarkar, M. B.
作者单位：Drexel University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：We explore the relationship between a firm's organization and its ability to face a radical technological change. We suggest that, during such a change, the presence of both in-house upstream knowledge and downstream market linkages, within a firm's boundary, has its advantages. We test our predictions in the context of the robotics industry where manufacturers of mechanically controlled brawny robots, which were valued mainly for their payload capacity, faced the advent of electrically contro...
-
作者：Kang, Jingoo
作者单位：Nanyang Technological University; Korea University
摘要：Do CEOs nearing retirement attempt to boost short-term firm performance or do they care more about what type of legacy they will leave behind? The two opposing predictions about the behavior of CEOs upon retirement suggest that retiring CEOs' decisions about certain long-term investment items may be more complex than suggested in the literature. In search of an answer to this question, we examine the relationship between CEO retirement and the level of firm commitment to corporate social respo...
-
作者：Li, Mei; Lin, Ying; Huang, Shuai; Crossland, Craig
作者单位：University of Notre Dame; University of Washington; University of Washington Seattle
摘要：Research summary: This paper uses Sparse Inverse Covariance Estimation (SICE) to advance strategic management research, focusing on an application of exploratory SICE techniques to generate novel, testable hypotheses. We demonstrate how SICE can identify intrinsic relationships among variables, especially within large, high-dimension-low-observation datasets. We also discuss the strengths and limitations of SICE, as well as the most appropriate uses of these techniques. We conclude with a deta...
-
作者：Foss, Nicolai J.; Pedersen, Torben
作者单位：Copenhagen Business School; Bocconi University
-
作者：Martin, Geoffrey P.; Wiseman, Robert M.; Gomez-Mejia, Luis R.
作者单位：University of Melbourne; Michigan State University; Michigan State University's Broad College of Business; University of Notre Dame
摘要：Research summary: We draw on behavioral agency theory to explain how decision heuristics associated with CEO stock options interact with firm slack to shape the CEO's preference for short-or long-term strategies (temporal orientation). Our findings suggest CEO current option wealth substitutes for the influence of slack resources in encouraging a long-term orientation, while prospective option wealth enhances the positive effect of slack on temporal orientation. Our theory offers explanations ...
-
作者：Bertrand, Olivier; Betschinger, Marie-Ann; Settles, Alexander
作者单位：SKEMA Business School; Universite de Lille; University of Fribourg; HSE University (National Research University Higher School of Economics); HSE University (National Research University Higher School of Economics); Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要：Research summary: In the context of economic nationalism, we investigate the relevance of political affinity between countries to the initial acquisition premium offered in cross-border acquisitions. Political affinity is defined as the similarity of national interests in global affairs. We argue that political affinity affects how foreign acquirers anticipate their bargaining position in their negotiations with domestic target firms. With decreasing political affinity, the host government bec...
-
作者：Stern, Ithai; James, Sharon D.
作者单位：INSEAD Business School; Arkansas State University
摘要：Research summary: This paper uses signaling theory to bring together two complementary research streams that have largely ignored each other: strategic human resource management and media relations management. We argue that when publicly traded firms voluntarily and publicly disclose positive information about their value creation and appropriation activities, they also send positive signals to managerial labor markets regarding executives' capabilities. Accordingly, we hypothesize a positive ...
-
作者：Mani, Deepa; Nandkumar, Anand
作者单位：Indian School of Business (ISB); Indian School of Business (ISB)
摘要：Research summary: This article uses Group-Based Trajectory (GBT) Models to advance strategic management research, focusing on demonstrating the differential impacts of markets for technology on the value of technological capabilities. Group Based Trajectory (GBT) models, a statistical technique based on finite mixture models, can be used to discern heterogeneity based on an attribute of interest, especially when the heterogeneity changes or evolves over time, and when there is a lack of theore...
