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作者：Seo, Jeongil; Gamache, Daniel L.; Devers, Cynthia E.; Carpenter, Mason A.
作者单位：Sogang University; University System of Georgia; University of Georgia; University of Wisconsin System; University of Wisconsin Madison
摘要：In this study, we develop and test a theory of CEO relative pay standing. Specifically, we propose that CEOs with negative relative pay standing status (underpaid relative to comparison CEOs) will engage in acquisition activity, as a self-interested means of attempting to realign their pay with that of their peers. We further propose that, when CEOs with negative relative pay standing acquire, they will tend to finance those acquisitions more heavily with stock than cash, to mitigate the risk ...
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作者：Bermiss, Y. Sekou; Murmann, Johann P.
作者单位：University of Texas System; University of Texas Austin; University of New South Wales Sydney
摘要：Do some top executives matter more than others? Integrating insights from upper echelons and executive mobility research, we suggest that the functional roles performed by top executives shape their value to the firm. We examine the effects of interfirm executive mobility on firm survival for New York City advertising firms from 1924 to 1996. We find that, while losing any top executive is damaging, the loss of a top executive whose functional role focuses on internal firm processes is more de...
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作者：Skilton, Paul F.; Bernardes, Ednilson
作者单位：Washington State University; Arizona State University; West Virginia University
摘要：This study proposes and tests a theory of the effects of competition network structure on product market entry. Competition networks are defined as the patterns of interdependence between rivals that emerge from direct competition. Studying networks based on competitive interdependence allows us to extend social network theory to new territory and to enhance our understanding of product market entry. We propose that the size, interconnectedness and diversity of competition networks influence s...
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作者：Chang, Sea-Jin; Shim, Jungwook
作者单位：National University of Singapore; Korea Advanced Institute of Science & Technology (KAIST); Kyoto Sangyo University
摘要：Using long-term data on Japanese family firms, this study explores when the transition from family to professional management leads to better performance. In order to avoid endogeneity bias, we employ propensity score matching and difference-in-differences techniques. We find evidence that firms that transition from family to professional CEOs outperform those that maintain family leadership. This performance improvement is more pronounced when (1) families maintain high ownership control but ...
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作者：Madsen, Peter M.; Rodgers, Zachariah J.
作者单位：Brigham Young University; Stanford University
摘要：Stakeholder theory suggests a relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) because certain stakeholders reward certain types of CSR. This argument assumes that stakeholders attend to firms' CSR activitiesan assumption that has yet to be examined. We fill this gap by extending stakeholder theory to the context of stakeholder attention to firm CSR and exploring the antecedents and consequences of stakeholder attention to corporate disaster ...
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作者：Cusumano, Michael A.; Kahl, Steven J.; Suarez, Fernando F.
作者单位：Massachusetts Institute of Technology (MIT); Dartmouth College; Boston University
摘要：Services of different types have become increasingly important for product firms. While these firms mainly focus on products, managers and researchers lack a comprehensive framework to understand when to make significant investments in particular kinds of services. We identify three categories of product-related services from a product firmsmoothing and adapting services, which complement products, and substitution services, which enable customers to pay for the use of a product without buying...
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作者：Tortoriello, Marco
作者单位：University of Navarra; IESE Business School
摘要：Building on absorptive capacity and social network research, in this paper I investigate how individuals inside the organization use external knowledge to generate innovations. Through original sociometric data collected from 276 scientists, researchers, and engineers from the Research and Development division of a large multinational high-tech company, I show that the effects of external knowledge on individuals' innovativeness are contingent upon individuals' position in the internal social ...
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作者：Boudreau, Kevin J.; Jeppesen, Lars B.
作者单位：University of London; London Business School; Bocconi University
摘要：Platforms have evolved beyond just being organized as multi-sided markets with complementors selling to users. Complementors are often unpaid, working outside of a price system and driven by heterogeneous sources of motivationwhich should affect how they respond to platform growth. Does reliance on network effects and strategies to attract large numbers of complementors remain advisable in such contexts? We test hypotheses related to these issues using data from 85 online multi-player game pla...
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作者：Hashai, Niron
作者单位：Hebrew University of Jerusalem
摘要：This study shows that the interplay between adjustment costs, coordination costs and within-industry diversification benefits, results in an S-shaped relationship between within-industry diversification and firm performance. At low levels of within-industry diversification, coordination costs are negligible but adjustment costs are higher than the synergy benefits of a limited product scope, hence leading to negative performance outcomes. At moderate levels of within-industry diversification s...
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作者：Kiss, Andreea N.; Barr, Pamela S.
作者单位：Iowa State University; University System of Georgia; Georgia State University
摘要：We adopt an information processing perspective to investigate how the interplay of belief structures and industry context shapes new venture strategic adaptation in a sample of 104 publicly traded new ventures founded between 1996 and 2006 in several technology-intensive industries. Results highlight that distinct espoused belief structures attributes (complexity, centrality, proactive causal logics) and industry growth combinations predict diversity, frequency, and speed of new venture strate...
