-
作者:Chatterji, Aaron K.; Durand, Rodolphe; Levine, David I.; Touboul, Samuel
作者单位:Duke University; Hautes Etudes Commerciales (HEC) Paris; University of California System; University of California Berkeley; IPAG Business School
摘要:Research summary: Raters of firms play an important role in assessing domains ranging from sustainability to corporate governance to best places to work. Managers, investors, and scholars increasingly rely on these ratings to make strategic decisions, invest trillions of dollars in capital, and study corporate social responsibility (CSR), guided by the implicit assumption that the ratings are valid. We document the surprising lack of agreement across social ratings from six well-established ra...
-
作者:Lee, Eucman; Puranam, Phanish
作者单位:University of London; London Business School; INSEAD Business School
摘要:Research summary: We propose a theory that explains why the relentless pursuit of perfect implementation of strategy may be useful even in a world in which the strategies being implemented are far from optimal. We formulate a computational model in which an organization's strategy adapts based on performance feedback. However, the distinctive feature of our approach is that we abandon the organization as a unitary actor assumption, and model a separation of beliefs and actions. The central ins...
-
作者:Yu, Yu; Umashankar, Nita; Rao, Vithala R.
作者单位:University System of Georgia; Georgia State University; Cornell University
摘要:Research summary: Corporate acquisition is a popular strategic option for firms seeking new resources. However, little research exists on the question of why one firm is chosen over another. We develop a model relating characteristics of similarity and complementarity between acquirers' and target firms' key resources, including their products and R&D pipelines, to the likelihood of the acquirers choosing a particular firm. We construct measures of similarity and complementarity between and ac...
-
作者:Rodriguez, Alicia; Jesus Nieto, Maria
作者单位:Universidad Carlos III de Madrid
摘要:Research summary: In this article, we address the role of R&D offshoring strategies in the sales growth of small- and medium-sized enterprises (SMEs). We propose that different governance modes of R&D offshoringinsourcing versus outsourcingmay lead to growth, but that they differ in their effects. In turn, we argue that innovation mediates the relation between international R&D sourcing strategies and sales growth. Based on a large database of SME manufacturing enterprises in Spain, we find th...
-
作者:Jain, Amit
作者单位:National University of Singapore
摘要:Research summary: This paper investigates the relationship between hiring and the ability of organizations to evolve their capabilities as they age. While prior research establishes that organizations become rigid to change as they age, it underemphasizes measures that they may take to renew their adaptive potential. I address this gap by investigating whether hiring stimulates change to the knowledge organizations possess. Learning by hiring, I argue, helps organizations to evolve their knowl...
-
作者:Xia, Jun; Dawley, David D.; Jiang, Han; Ma, Rong; Boal, Kimberly B.
作者单位:University of Texas System; University of Texas Dallas; West Virginia University; University of Arizona; Rutgers University System; Rutgers University Camden; Texas Tech University System; Texas Tech University
摘要:Research summary: Predicting the emergence of bankrupt firms relying on firm signals involves a stigma-related dilemma. On the one hand, bankrupt firms tend to send positive signals through restructuring to decouple themselves from the stigma of bankruptcy. On the other hand, the preexistence of the bankruptcy stigma may reduce the signaling effectiveness of firms' restructuring efforts, making the outcome prediction difficult. We address this dilemma by developing a dynamic integrative view t...
-
作者:Zhu, Hongjin; Yoshikawa, Toru
作者单位:McMaster University; Singapore Management University
摘要:Research summary: Although previous studies have explored the value of government directors, less attention has been directed at the antecedents of government directors' engagement in value-adding activities, such as managerial monitoring and resource provision. Drawing on social identity theory, we offer a novel model that specifies how a government director's dual identifications with the focal firm, and with the government individually and interactively affect his or her governance behavior...