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作者:Anand, Jaideep; Mulotte, Louis; Ren, Charlotte R.
作者单位:University System of Ohio; Ohio State University; Tilburg University; University of Pennsylvania; University of Pennsylvania
摘要:Research summary: Research traditionally uses experiential learning arguments to explain the existence of a positive relationship between repetition of an activity and performance. We propose an additional interpretation of this relationship in the context of discrete corporate development activities. We argue that firms choose to repeat successful activities, thereby accumulating high experience with them. Data on 437 aircraft projects introduced through three governance modes show that the p...
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作者:Bamiatzi, Vassiliki; Bozos, Konstantinos; Cavusgil, S. Tamer; Hult, G. Tomas M.
作者单位:University of Leeds; University of Leeds; University System of Georgia; Georgia State University; Michigan State University; Michigan State University's Broad College of Business
摘要:Research summary: Despite voluminous past research, the relevance of firm, industry, and country effects on profitability, particularly under adverse contexts, is still unclear. We reconcile institutional theory with the resource-based view and industrial organization economics to investigate the effects of economic adversity, such as the 2008 global economic crisis. Using a three-level random coefficient model, we examine 15,008 firms across 10 emerging and 10 developed countries for the 2005...
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作者:Shi, Wei; Connelly, Brian L.; Sanders, Wm. Gerard
作者单位:Rice University; Auburn University System; Auburn University; University of Texas System; University of Texas at San Antonio
摘要:Research summary: Tournament theory suggests that a large gap in pay between CEOs and top managers can provide incentives to perform, but we argue that it can also elicit negative effort and even motivate the kind of behavior that leads to lawsuits. We posit that this negative effort is greater when firms have high levels of unrelated diversification because there is less operational interdependency, so tournament effects are stronger. We also contend that the influence of tournament incentive...
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作者:Piao, Ming; Zajac, Edward J.
作者单位:Utah System of Higher Education; University of Utah; Northwestern University
摘要:Research summary: This study suggests that strategy and organizational scholars seeking to analyze the impact of exploitation on exploration would benefit by moving away from the generally assumed unitary perspective on exploitation. Specifically, we propose a multifaceted perspective on exploitation by theoretically and empirically distinguishing between repetitive exploitation versus incremental exploitation. We argue that repetitive exploitation can impede exploration and delay firms' respo...
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作者:Crilly, Donal; Ni, Na; Jiang, Yuwei
作者单位:University of London; London Business School; Hong Kong Polytechnic University
摘要:Research summary: The efforts of multinational corporations to be socially responsible do not always engender positive evaluations from overseas stakeholders. Drawing on attribution theory, we argue that two heuristics guide stakeholders in evaluating firms' social performance: foreignness and the valence of firms' social responsibility. We provide evidence from a field study of secondary stakeholders and an experimental study involving 129 non-governmental organizations. Consistent with attri...
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作者:Feldman, Emilie R.
作者单位:University of Pennsylvania
摘要:Research summary: This paper investigates how spinoffs improve the quality of analysts' research about diversified firms, theorizing that these deals may induce analysts to revisit their earlier coverage decisions. The gains resulting from these shifts are expected to be more pronounced when a firm undertakes a legacy (rather than a non-legacy) spinoff, which removes the business that may be constraining analysts' coverage decisions in the first place. Consistent with this argument, firms that...
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作者:Tashman, Pete; Rivera, Jorge
作者单位:Portland State University; George Washington University
摘要:We draw on resource dependence and institutional theories to study how firms manage uncertainty in nature (ecological uncertainty) in the U.S. ski resort industry. Through resource dependence theory, we develop the concept of ecological uncertainty and explain its effects on firms' access to and management of natural resources. We then predict that firms adapt to ecological uncertainty with natural-resource-intensive practices, as well as practices that attempt to mitigate its underlying cause...
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作者:Bennett, Victor M.; Pierce, Lamar
作者单位:Duke University; University of Southern California; Washington University (WUSTL)
摘要:Research summary: We argue that a pure capabilities-based view does not accurately explain the competitive dynamics of increasingly common settings in which firms act as both complementors and competitors. We propose that the Awareness-Motivation-Capability framework is more appropriate for these settings. We derive predictions from both a pure capabilities view and the AMC framework, and test those predictions in the U.S. auto leasing market, in which the leasing subsidiaries of car manufactu...
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作者:Mannor, Michael J.; Shamsie, Jamal; Conlon, Donald E.
作者单位:University of Notre Dame; Michigan State University; Michigan State University's Broad College of Business
摘要:Research summary: Research on the resource-based view has begun to place more emphasis on the ability of managers to extract better performance from the resources that are available to them. In this paper, we show that prior experience can both help and hinder their ability to generate performance from various categories of resources. Further, we argue that the fungibility of each resource influences the opportunities managers have to use their experiences in order to find the best method to d...
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作者:Kulchina, Elena
作者单位:Duke University
摘要:Research summary: Firms founded by foreign entrepreneurs constitute an influential and growing part of the world economy. Yet, the existing research has given little consideration to the strategies of foreign entrepreneurs beyond their decisions to start a firm. In this article, we address this gap by examining how foreign entrepreneurs may bring value to their firms as firm managers. We argue that foreign owner-managers may benefit their firms by having access to home-country resources. We de...