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作者:Stuart, Toby; Wang, Yanbo
作者单位:University of California System; University of California Berkeley
摘要:Research summary: We document the extent of fraudulent reporting among 467 private Chinese technology companies. Comparing the financial statements concurrently submitted to two different state agencies, we demonstrate a systematic gap in reported profit figures in the two sets of books. We find: (1) more than half the sampled companies report incentive-compatible, materially discrepant profit numbers to the two agencies; (2) politically connected companies are approximately 18 percent more li...
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作者:Mannor, Michael J.; Wowak, Adam J.; Bartkus, Viva Ona; Gomez-Mejia, Luis R.
作者单位:University of Notre Dame; University of Notre Dame; University of Notre Dame; University of Notre Dame
摘要:Research summary: Despite abundant anecdotal evidence that many top executives experience anxiety in their jobs, the upper echelons literature has remained largely silent on the organizational implications of executive job anxiety. In this study, we theorize that job anxiety will cause executives to (1) create a social buffer against threats by surrounding themselves with supportive decision-making teams, and (2) pursue lower-risk firm strategies. We further argue that these effects will vary ...
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作者:Singh, Harpreet; Kryscynski, David; Li, Xinxin; Gopal, Ram
作者单位:University of Texas System; University of Texas Dallas; Brigham Young University; University of Connecticut
摘要:Research summary: Innovation requires inventors to have both new knowledge and the ability to combine and configure knowledge (i.e., combinatory knowledge), and such knowledge may flow through networks. We argue that both combinatory knowledge and new knowledge are accessed through collaboration networks, but that inventors' abilities to access such knowledge depends on its location in the network. Combinatory knowledge transfers from direct contacts, but not easily from indirect contacts. In ...
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作者:Oxley, Joanne; Pandher, Gurupdesh
作者单位:University of Toronto; University of Windsor
摘要:Research summary: This paper examines the role of equity-based incentives in fostering cross-business-unit collaboration in multibusiness firms. We develop a formal agency model in which headquarters offers equity and profit incentives to business-unit managers with the objective of maximizing total expected firm returns. The resulting compensation contract provides a rich mechanism for aggregating value from collaborative interactions across business units, aligning managers' efforts with the...
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作者:Lungeanu, Razvan; Stern, Ithai; Zajac, Edward J.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Northwestern University
摘要:This paper examines the adjustments firms make to the composition of their portfolios of technology-sourcing vehicles (i.e., alliance, acquisition, or go-it-alone) in response to poor innovative performance. We advance a behavioral perspective on the make/buy/ally question, suggesting that differences in financial slack will generate different portfolio decisions. Specifically, we posit that firms with greater levels of financial slack are more likely to respond to poor innovative performance ...
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作者:Maslach, David
作者单位:State University System of Florida; Florida State University
摘要:Organizations learn by reinforcing past actions. When firms experience actions with negative outcomes, they change in response. Any persistence with such actions is said to be suboptimal, attributable to factors such as threat rigidities. This paper theorizes that persistence may sometimes be rational, attributable to the characteristics of feedback. It uses a novel dataset of medical devices to show how organizations learn to search for future novel or incremental innovations based on failure...
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作者:Braguinsky, Serguey; Hounshell, David A.
作者单位:University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland College Park; University of Osaka; University of Osaka; Carnegie Mellon University
摘要:This paper uses nanoeconomics and historical methodology to advance strategic management research, focusing on the coevolution of firms and industry. We demonstrate the power of these methods through a study of Meiji Era Japanese cotton spinning industry from its state-supported founding through its development into a sustained, globally competitive presence. We shed light on the role of superior human and organizational capabilities of industry leaders. In particular, we demonstrate that thes...
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作者:Zhao, Xiaoping; Murrell, Audrey J.
作者单位:Shanghai Jiao Tong University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Research summary: In this study, we revisit the relationship between corporate social performance (CSP) and corporate financial performance (CFP) by conducting a replication of Waddock and Graves (1997). Using 1990 KLD ratings as the CSP measure, the original study reports a positive bidirectional relationship between CSP and CFP. However, our replication analyses with a larger sample over a longer time period indicate that the findings of the original study may not be generalizable to differe...
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作者:Iriyama, Akie; Kishore, Rajiv; Talukdar, Debabrata
作者单位:Waseda University; State University of New York (SUNY) System; University at Buffalo, SUNY
摘要:Research summary: We examine why a firm takes specific competitive action in nonmarket and resource-market spaces, particularly when it perceives threats from informal and foreign competitor groups, respectively. We address this question by combining insights from competitive rivalry, strategic groups, and nonmarket strategy literatures in an emerging economy context. Specifically, we theorize how threats from informal and foreign rival firms in an emerging market influence a firm's engagement...
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作者:Bettis, Richard A.; Ethiraj, Sendil; Gambardella, Alfonso; Helfat, Constance; Mitchell, Will
作者单位:University of North Carolina; University of North Carolina Chapel Hill; University of London; London Business School; Bocconi University; Dartmouth College; University of Toronto; Duke University