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作者：Csaszar, Felipe A.; Levinthal, Daniel A.
作者单位：University of Michigan System; University of Michigan; University of Pennsylvania
摘要：Research summary: Managers' mental representations affect the perceived payoffs and alternatives that managers consider. Thus, mental representations affect how managers search for profitable strategies as well as the quality of strategies they discover. To study how mental representation and search interact, we formally model the dual search over possible representations and over policy choices of a strategy landscape. We analyze when it is preferable to emphasize searching for the best polic...
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作者：Danneels, Erwin
作者单位：State University System of Florida; University of South Florida
摘要：Research summary: This study tests and validates survey measures of first- and second-order competences in order to foster cumulative empirical research and theoretical refinement in the area of dynamic capabilities. Data from two informants and two time periods for a sample of publicly traded U.S. manufacturing firms are used to examine the convergent, discriminant, and nomological validity, and the reliability of scales to measure various levels and types of competences. Findings suggest tha...
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作者：Howard, Michael; Steensma, H. Kevin; Lyles, Marjorie; Dhanaraj, Charles
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Washington; University of Washington Seattle; Indiana University System; IU Kelley School of Business; Indiana University Indianapolis; International Institute for Management Development (IMD)
摘要：Research summary: Strategic alliances have been recognized as a means for firms to learn their partners' proprietary knowledge; such alliances are also valuable opportunities for partner firms to learn tacit organizational routines from their counterparts. We consider how relatively novice technology firms can learn intraorganizational collaborative routines from more experienced alliance partners and then deploy them independently for their own innovative pursuits. We examine the alliance rel...
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作者：Husted, Bryan W.; Jamali, Dima; Saffar, Walid
作者单位：Tecnologico de Monterrey; American University of Beirut; Hong Kong Polytechnic University
摘要：Research summary: Building on economic geography and institutional theory, we develop and test theory relating geographic variables to the strength of corporate social responsibility (CSR) engagement and the cost of equity capital. For a large sample of U.S. firms over the period 1998-2009, we find strong and robust evidence that firms located in areas characterized by high levels of local CSR density score higher in CSR engagement. In addition, firms located close to major cities and financia...
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作者：Zanarone, Giorgio; Lo, Desmond (Ho-Fu); Madsen, Tammy L.
作者单位：CUNEF Universidad; Santa Clara University; Santa Clara University
摘要：Research summary: Acquiring knowledge on a partner's pre-existing resources plays an important yet ambiguous role in collaborative relationships. We formally model how contracts trade off productive and destructive uses of knowledge in a buyer-supplier relationship. We show that, when the buyer's pre-existing resources are vulnerable to the revelation of sensitive knowledge, the supplier overinvests in knowledge acquisition as it expects to use the knowledge as a threat in price negotiations. ...
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作者：Feldman, Emilie R.
作者单位：University of Pennsylvania
摘要：Research summary: This article investigates how corporate spinoffs affect managerial compensation. These deals are found to improve the alignment of spinoff firm managers' incentive compensation with stock market performance, especially among spinoff firm managers that used to be divisional managers of the spun-off subsidiary, and particularly when the spun-off subsidiary performs better than or is unrelated to its parent firm's remaining businesses. By contrast, incentive alignment does not i...
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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：van Reeven, Peran; Pennings, Enrico
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：Research summary: We reconsider the relationship between multimarket contact and product quality in the airline industry by arguing that multimarket contact has both a negative mutual forbearance effect on quality and a positive network coordination effect on quality. Multimarket contact increases the frequency of contact between firms, and this anticipated future interaction promotes cooperation. In network industries, especially small firms may want to cooperate in order to increase the attr...
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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...
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作者：Connelly, Brian L.; Ketchen, David J., Jr.; Gangloff, K. Ashley; Shook, Christopher L.
作者单位：Auburn University System; Auburn University; University of Missouri System; University of Missouri Columbia
摘要：Research summary: Drawing on theory about signaling, sensemaking, and the romance of leadership, we extend inquiry on investors' perceptions of CEO succession following misconduct. Whereas past studies have treated misconduct monolithically, we examine failures of integrity and competence separately. Using a policy capturing methodology that isolates investors' decision making from potential confounds, we find that, following an integrity failure, investors perceive outside and interim success...
