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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：Kehoe, Rebecca R.; Tzabbar, Daniel
作者单位：Rutgers University System; Rutgers University New Brunswick; Drexel University
摘要：Do star employees enhance or constrain the innovative performance of an organization? Using data from 456 biotechnology firms between 1973 and 2003, we highlight the duality of the effects that stars have on firm performance. We show that while stars positively affect firms' productivity, their presence constrains the emergence of other innovative leaders in an organization. We find that firm productivity and innovative leadership among non-stars in a firm are greatest when a star has broad ex...
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作者：Damaraju, Naga Lakshmi; Barney, Jay B.; Makhija, Anil K.
作者单位：Indian School of Business (ISB); Utah System of Higher Education; University of Utah; University System of Ohio; Ohio State University
摘要：This paper examines the implications of real options theory for both the decision to divest a business unit and the mode of divestment. It is shown that the decision to divest a business unit and the decision to engage in staged modes of divestment are both sensitive to uncertainty, consistent with a real options logic. However, in the face of uncertainty, the results suggest that staged forms of governance create real options that are of lesser value as compared to simply not divesting a busi...
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作者：Bertrand, Olivier; Capron, Laurence
作者单位：Universite de Lille; SKEMA Business School; Universite Cote d'Azur; INSEAD Business School
摘要：We examine whether ex post domestic productivity gains accrue to firms making cross-border acquisitions. We argue that cross-border acquisitions can enhance the acquirers' productivity at home, and we posit that these domestic productivity gains will be greater when there are learning opportunities in the target's host country and when contemporaneous domestic productivity-enhancing investments are made by the acquirer in conjunction with the acquisition. These predictions are supported by dat...
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作者：Bettis, Richard A.; Gambardella, Alfonso; Helfat, Constance; Mitchell, Will
作者单位：University of North Carolina; University of North Carolina Chapel Hill; Bocconi University; Dartmouth College; University of Toronto
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作者：Chen, Ming-Jer; Miller, Danny
作者单位：University of Virginia; Universite de Montreal; HEC Montreal; University of Alberta
摘要：Competitive dynamics research, despite progress, lacks a conceptual framework that can extend the field's reach to address today's environment. Increasing stakeholder power and globalization are but two of the organizational and economic forces compelling a broader conceptualization of competition. Our framework expands competitive dynamics along five dimensionsaims of competition, mode of competing, roster of actors, action toolkit, and time horizon of interactionthat prove useful for contras...
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作者：Ganco, Martin; Ziedonis, Rosemarie H.; Agarwal, Rajshree
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Oregon; Stanford University; University System of Maryland; University of Maryland College Park
摘要：Competitive advantage often rests on the skills and expertise of individuals who may leave for rival organizations. Although institutional factors like non-compete regimes shape intra-industry mobility patterns, far less is known about firm-specific reputations built through patent enforcement. This study formally models and empirically tests how a firm's prior litigiousness over patents (i.e., its reputation for IP toughness) influences employee mobility. Based on inventor data from the U.S. ...
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作者：Younge, Kenneth A.; Tong, Tony W.; Fleming, Lee
作者单位：Purdue University System; Purdue University; University of Colorado System; University of Colorado Boulder; University of California System; University of California Berkeley
摘要：This study draws on strategic factor market theory and argues that acquirers' decisions regarding whether to bid for a firm reflect their expectations about employee departure from the firm post-acquisition, suggesting a negative relationship between the anticipated employee departure from a firm and the likelihood of the firm becoming an acquisition target. Using a natural experiment and a difference-in-differences approach, we find causal evidence that constraints on employee mobility raise ...
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作者：Moatti, Valerie; Ren, Charlotte R.; Anand, Jaideep; Dussauge, Pierre
作者单位：heSam Universite; ESCP Business School; University of Pennsylvania; University of Pennsylvania; University System of Ohio; Ohio State University; Hautes Etudes Commerciales (HEC) Paris
摘要：Mergers and acquisitions (M&A) and organic growth are two common strategies to achieve horizontal growth. In this study, we disentangle two distinct sources of firm performance corresponding to different theoretical perspectives on firm size: firms' bargaining power with respect to suppliers and customers, and operating efficiency arising from scale economies. We conceptually argue and empirically show that relatively, M&A enhance bargaining power in the short term while organic growth enhance...
