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作者：Pacheco-de-Almeida, Goncalo; Hawk, Ashton; Yeung, Bernard
作者单位：Hautes Etudes Commerciales (HEC) Paris; University System of Ohio; Ohio State University; National University of Singapore
摘要：Slow investments cause substantial revenue losses, yet acceleration increases costs. This tradeoff implies that an optimal investment speed usually exists; it is faster the higher a firm's intrinsic speed capability. We hypothesize that it is a firm's intrinsic speed capability, rather than its speed relative to industry competitors per se, that boosts firm value. Using data on oil and gas facilities (1996-2005), we find that intrinsic speed capabilities augment firm value in a varied way: the...
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作者：Tong, Tony W.; Reuer, Jeffrey J.; Tyler, Beverly B.; Zhang, Shujun
作者单位：University of Colorado System; University of Colorado Boulder; Purdue University System; Purdue University; North Carolina State University; Sun Yat Sen University
摘要：A large body of research examines the modes by which multinational firms enter foreign markets, yet little work has considered how host country executives evaluate alternative modes of accepting inward foreign direct investment (FDI). This study adopts the host country firm's perspective to investigate the factors that affect Chinese executives' assessments of international joint ventures (IJVs) and divestitures as different modes for engaging inward FDI opportunities. We use an experimental a...
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作者：Christensen, Lisa Jones; Siemsen, Enno; Balasubramanian, Sridhar
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Minnesota System; University of Minnesota Twin Cities
摘要：This longitudinal field experiment compares two different for-profit market entry strategies with a philanthropic strategy in terms of how each influences consumer behavior in base-of-the-pyramid communities. We analyze reactions to a water purification product offered at three price points (moderate discount, deep discount, and free) in rural Malawi. We find that those who paid the deeply discounted price remain more likely to re-obtain and use the product than do those who paid the moderate ...
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作者：Nakauchi, Motohiro; Wiersema, Margarethe F.
作者单位：Toyo University; University of California System; University of California Irvine
摘要：Scholars studying upper echelons have found that executive succession can serve as an important adaptation mechanism. The bulk of these findings, however, derive from market-based governance settings, which raises an issue of contextual robustness. This study examines this issue by investigating the link between executive succession and strategic change in Japan, a context noted for relatively weak market-based corporate governance and lack of board independence. We find a greater likelihood o...
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作者：Alcacer, Juan; Dezso, Cristian; Zhao, Minyuan
作者单位：Harvard University; University System of Maryland; University of Maryland College Park; University of Michigan System; University of Michigan
摘要：We explore a fundamental aspect of firms' location choices largely overlooked in the literature: strategic interaction. We formalize the notion that strategic interaction renders collocation less appealing by fostering competition, which erodes firms' profits. Strategic interaction also impacts location choices across time. Specifically, because firms learn by doing in markets, location choices are shaped by two novel effects: entrenchment benefits from entering early in a market and improving...
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作者：Argyres, Nicholas; Bigelow, Lyda; Nickerson, Jack A.
作者单位：Washington University (WUSTL); Utah System of Higher Education; University of Utah
摘要：A dominant design is thought to usher in a period of intense competition based on cost, causing an often-fierce industry shakeout. We aim to challenge the foundations of the dominant design literature, and develop new insights about the evolution of competition. We argue that strategic repositioning and elevated exit rates are often observed long before the emergence of a dominant design, and that a key cause is the introduction of a particular product for which demand is unexpectedly high (an...
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作者：Schilke, Oliver; Cook, Karen S.
作者单位：University of California System; University of California Los Angeles; Stanford University
摘要：Research on the sources of organizational trustworthiness remains bifurcated. Some scholars have adopted a calculative perspective, stressing the primacy of actors' rational calculations, while others have approached trustworthiness from a relational perspective, focusing on its social underpinnings. We help to reconcile these seemingly disparate views by adopting an integrative approach that allows us to clarify the boundaries of both perspectives. Based on dyadic survey data from 171 strateg...
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作者：Chown, Jillian D.; Liu, Christopher C.
作者单位：University of Toronto
摘要：We examine the role that geography plays in structuring interactions within an organizational setting designed to promote broad patterns of interaction: the organizational forum. We propose that, within a forum, an individual's location structures his or her access to peer support, but individuals with power (i.e., those who control the flow of organizational resources) can transcend these geographic constraints. We examine these propositions with data collected on strategic actors in the U.S....
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作者：Martin, Geoffrey; Gozubuyuk, Remzi; Becerra, Manuel
作者单位：Ozyegin University; IE University
摘要：We examine how uncertainty influences the performance effects of directorate interlocks. Our study offers a new perspective of directorate interlocks as mechanisms that enable firms to improve performance when confronted with greater uncertainty, suggesting that uncertainty positively moderates the interlock-performance relationship. This contrasts with the view based on resource dependence theory suggesting networks reduce uncertainty and enhance firm performance, implying that uncertainty me...
