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作者:Arend, Richard J.; Patel, Pankaj C.; Park, Haemin Dennis
作者单位:University of Missouri System; University of Missouri Kansas City; Ball State University; Ball State University; Drexel University
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作者:Holburn, Guy L. F.; Vanden Bergh, Richard G.
作者单位:Western University (University of Western Ontario); University Western Ontario Hospital; University of Vermont
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作者:Wang, Richard D.; Shaver, J. Myles
作者单位:University of Minnesota System; University of Minnesota Twin Cities
摘要:We study competition as an impetus for firms to repositionto abandon their current positioning strategy and adopt a new one. We predict that as a strong firm moves closer, competition erodes the profitability of situated firms and prompts them to reposition. We expect this effect is pronounced the greater difference in competitive strength. However, we expect that countervailing forces exist such that the viability of alternative positions and the opportunity cost of abandoning a current posit...
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作者:Castaner, Xavier; Mulotte, Louis; Garrette, Bernard; Dussauge, Pierre
作者单位:University of Lausanne; Tilburg University; Hautes Etudes Commerciales (HEC) Paris
摘要:We examine the impact of governance mode and governance fit on performance in make-or-ally decisions. We argue that while horizontal collaboration and autonomous governance have direct and countervailing performance implications, the alignment of make-or-ally choices with the focal firm's resource endowment and the activity's resource requirements leads to better performance. Data on the aircraft industry show that relative to aircraft developed autonomously, collaborative aircraft exhibit gre...
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作者:Soule, Sarah A.; Swaminathan, Anand; Tihanyi, Laszlo
作者单位:Stanford University; Emory University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:We examine variation in the rate of divestment by multinational firms from Burma. We argue that in addition to a set of firm-level characteristics known to impact divestment decisions, firms are also influenced by characteristics of their home country and the divestment patterns of others. Using data on firms operating in Burma during 1996-2002, we model these multiple influences on firms to divest. Our results show that beyond firm-level concerns, firms divest in response to the political cha...
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作者:Schnatterly, Karen; Johnson, Scott G.
作者单位:University of Missouri System; University of Missouri Columbia; Oklahoma State University System; Oklahoma State University - Stillwater
摘要:Institutional investors report that they prefer to invest in firms with greater board independence despite the fact that researchers have been unable to demonstrate a link between board independence and firm performance. We investigate whether differences among institutional investors affect these preferences. We find that trading strategies have some effect but that mutual fundsfacing the strongest institutional pressureshave significantly stronger preferences for firms with greater board ind...
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作者:Mirabeau, Laurent; Maguire, Steve
作者单位:University of Ottawa; McGill University
摘要:This study develops a model of emergent strategy formation at a large telecommunications firm. It integrates prominent traditions in strategy process research-strategy as patterned action, as iterated resource allocation and as practice-to show how emergent strategy originates as a project through autonomous strategic behavior, then subsequently becomes realized as a consequence of mobilizing wider support to provide impetus, manipulating strategic context to legitimate the project by construc...
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作者:Luo, Xueming; Kanuri, Vamsi K.; Andrews, Michelle
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Fudan University; University of Missouri System; University of Missouri Columbia
摘要:While the direct influence of CEO tenure on firm performance has been examined in the strategy literature, the underlying channels of influence have remained largely unexplored. This article draws upon the career seasons paradigm, learning perspectives, and marketing literature to examine whether firm-employee and firm-customer relationships are the pathways through which CEO tenure influences firm performance. Results from the analysis of a large data set reveal that: (1) CEO tenure has a pos...
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作者:Baumann, Oliver; Stieglitz, Nils
作者单位:University of Southern Denmark; Frankfurt School Finance & Management
摘要:Ideas from employees are a major source of value creation in firms, yet the merits of rewards for incentivizing the generation of ideas are highly contested. Using a computational model, we show that firms can improve performance by offering low-powered rewards for the selection and implementation of employee ideas. Low-powered incentives provide a sufficient stream of good ideas, but few exceptional ones. Higher-powered incentives, in contrast, do not systematically translate into exceptional...
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作者:Love, James H.; Roper, Stephen; Vahter, Priit
作者单位:Aston University; Aston University; University of Warwick; University of Warwick; University of Tartu
摘要:We explore how openness in terms of external linkages generates learning effects, which enable firms to generate more innovation outputs from any given breadth of external linkages. Openness to external knowledge sources, whether through search activity or linkages to external partners in new product development, involves a process of interaction and information processing. Such activities are likely to be subject to a learning process, as firms learn which knowledge sources and collaborative ...