3期

最新文章

• Earthquake or glacier? How CEO charisma manifests in firm strategy over time AI翻译
  作者：Wowak, Adam J.; Mannor, Michael J.; Arrfelt, Mathias; Mcnamara, Gerry
  作者单位：University of Notre Dame; Arizona State University; Arizona State University-Tempe; Michigan State University; Michigan State University's Broad College of Business
  摘要：Numerous studies have focused on CEO charisma as an antecedent to firm performance, but this literature has largely overlooked the possibility that charisma manifests in more proximal strategic initiatives that (unlike performance) are largely under the CEO's control. In this study, we integrate perspectives from the upper echelons and charismatic leadership literatures to argue that CEO charisma influences year-over-year strategic change, the degree to which strategies deviate from industry c...
• Crowding, satiation, and saturation: The days of television series' lives AI翻译
  作者：Barroso, Alicia; Giarratana, Marco S.; Reis, Samira; Sorenson, Olav
  作者单位：Universidad Carlos III de Madrid; Bocconi University; Yale University
  摘要：The performance of firms depends not just on the structure of the industries in which they compete but also on their relative positioning within those industries, in terms of operating within particular niches. We propose that demand for these niches depends endogenously on the historical ecology of the products offered: Niches become saturatedreduced in their ability to support productsas a large number of previous offerings allows the audience to satisfy its desire for products of a particul...
• Corporate divestitures and family control AI翻译
  作者：Feldman, Emilie R.; Amit, Raphael (Raffi); Villalonga, Belen
  作者单位：University of Pennsylvania; New York University
  摘要：This paper investigates the relationship between divestitures and firm value in family firms. Using hand-collected data on a sample of over 30,000 firm-year observations, we find that family firms are less likely than non-family firms to undertake divestitures, especially when these companies are managed by family rather than non-family-CEOs. However, we then establish that the divestitures undertaken by family firms, predominantly those run by family-CEOs, are associated with higher post-dive...
• Does the market for ideas influence the rate and direction of innovative activity? Evidence from the medical device industry AI翻译
  作者：Chatterji, Aaron K.; Fabrizio, Kira R.
  作者单位：Duke University; Boston University
  摘要：Prior work argues that the market for ideas supports an open system of innovation, allowing for efficient development of technology across firms. Although this literature has described important features of this market, how it influences the rate and direction of innovation remains an open question. We exploit an exogenous shock to a subset of U.S. medical device firms to study this question. We first document the breakdown in the market for ideas after a federal investigation made it more dif...
• R&D investment dynamics in agglomerations under weak appropriability regimes: Evidence from Indian R&D labs AI翻译
  作者：Lamin, Anna; Ramos, Miguel A.
  作者单位：Northeastern University; University of Texas System; University of Texas El Paso
  摘要：What are the dynamics of R&D investment when firms agglomerate in environments with weak intellectual property rights protection? Specifically, do foreign and domestic firms present equal opportunities for free riding by domestic firms in such environments? We examine the impact on local firms' R&D investment from knowledge spillovers originating from co-located foreign and domestic firms within and across industries. Building on fieldwork in India, we predict free riding by local firms on nea...
• Using meta-analytic structural equation modeling to advance strategic management research: Guidelines and an empirical illustration via the strategic leadership-performance relationship AI翻译
  作者：Bergh, Donald D.; Aguinis, Herman; Heavey, Ciaran; Ketchen, David J.; Boyd, Brian K.; Su, Peiran; Lau, Cubie L. L.; Joo, Harry
  作者单位：University of Denver; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University College Dublin; Auburn University System; Auburn University; City University of Hong Kong; University of West Scotland; Hong Kong University of Science & Technology
  摘要：This paper demonstrates how meta-analysis can be combined with structural equation modeling (MASEM) to address new questions in strategic management research. We review this integration, describe its implementation, and compare findings from bivariate meta-analyses, a direct-effect structural equations model, and two mediating frameworks using data on the strategic leadership and performance relationship. Results drawn from 208 articles that collectively included data on 495,638 observations d...
• The contingent effects of differentiation and integration on corporate entrepreneurship AI翻译
  作者：Burgers, J. Henri; Covin, Jeffrey G.
  作者单位：Queensland University of Technology (QUT); Indiana University System; Indiana University Bloomington; IU Kelley School of Business
  摘要：This paper develops a contingency view regarding the effects of structural differentiation and integration on levels of corporate entrepreneurship. Integrating notions of benefits and costs resulting from integration with structural contingency theory, we argue that the joint effects of structural differentiation and integration on corporate entrepreneurship levels are moderated by organizational size and environmental dynamism. Our findings from a time-separated sample demonstrate that in sma...
• Growth and survival: The moderating effects of local agglomeration and local market structure AI翻译
  作者：Pe'er, Aviad; Vertinsky, Ilan; Keil, Thomas
  作者单位：Rutgers University System; Rutgers University Newark; University of British Columbia; University of Zurich
  摘要：One of the central explanations of the high failure rates of de novo entrants is the liability of smallness. As a corollary, most prior literature has suggested that firms should experience survival benefits from growth. In this paper, we argue that survival benefits need to be balanced against the potential cost of rapid growth, and they are contingent upon the structure of the environment. We predict a curvilinear relationship between an entrant's growth rate and failure, and argue that the ...
• Board social capital and excess CEO returns AI翻译
  作者：Sauerwald, Steve; Lin, Zhiang (John); Peng, Mike W.
  作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Texas System; University of Texas Dallas
  摘要：Excess CEO returns refer to CEO financial returns in excess of shareholder returns. How do boards rein in excess CEO returns? Introducing a social capital view of board monitoring, we suggest that boards face two competing normative pressurescorporate elite norms and monitoring norms. How boards conform to such normative pressures for controlling excess CEO returns is affected by their external and internal social capital. Further, we substantiate our arguments by showing that powerful CEOs an...
• Does having women on boards create value? The impact of societal perceptions and corporate governance in emerging markets AI翻译
  作者：Abdullah, Shamsul N.; Ismail, Ku Nor Izah Ku; Nachum, Lilac
  作者单位：International Islamic University Malaysia; Universiti Utara Malaysia; City University of New York (CUNY) System; Baruch College (CUNY)
  摘要：Many governments seek to impose gender equality on boards, but the consequences of doing so are not clear and could harm firms and economies. We shed light on this topic by conceptualizing the relationships as firm- and board-specific and embedded within specific contexts. The theory is developed with reference to emerging markets, and tested on Malaysian firms. We find that female directors create value for some firms and decrease it for others. The impact varies across different performance ...