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作者：Herrmann, Pol; Nadkarni, Sucheta
作者单位：Iowa State University; Drexel University
摘要：Using the five factor model (FFM) of personality, we delineate two distinct roles of CEO personality in managing strategic change: initiating strategic change and determining the performance effects of strategic change implementation. Based on data from 120 smalland medium-sized enterprises (SMEs) in Ecuador, we found that some FFM traits of CEOs influenced initiation only (extraversion and openness), others similarly influenced initiation and performance effects of implementation (emotional s...
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作者：Vaara, Eero; Junni, Paulina; Sarala, Riikka M.; Ehrnrooth, Mats; Koveshnikov, Alexei
作者单位：Hanken School of Economics; emlyon business school; BI Norwegian Business School; University of North Carolina; University of North Carolina Greensboro
摘要：This paper focuses on managers' attributions of M&A performance. Our analysis indicates that there is a linear association between performance and attributions to cultural differences, which is moderated by prior experience. Furthermore, our results suggest that there is a curvilinear association between performance and attributions to managers' actions, but we found no support for the moderating effect of experience for this association. By substantiating these attributional tendencies, our r...
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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：Giachetti, Claudio; Dagnino, Giovanni Battista
作者单位：Universita Ca Foscari Venezia; University of Catania
摘要：The way firms lengthen or shorten their product line with respect to rivals is regarded as one of the possible strategies firms can pursue to respond to competition. This article builds and tests hypotheses to study the effect of different levels of competitive intensity on product line length. The empirical analysis of data on 3,527 handset models introduced by 66 mobile phone vendors from 1994 to 2010 shows a consistent inverse U-shaped relationship between competitive intensity and the firm...
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作者：Xia, Jun; Ma, Xufei; Lu, Jane W.; Yiu, Daphne W.
作者单位：University of Texas System; University of Texas Dallas; Chinese University of Hong Kong; National University of Singapore; University of Melbourne
摘要：This study examines and extends the resource dependence logic of diversification for a better understanding of outward foreign direct investment (OFDI) activities by emerging market firms. We contend that the diversification logic is bounded by state ownership, an important but less considered component of interdependence. Our empirical results, based on panel data analysis of Chinese listed firms, suggest that the level of interdependence between Chinese and foreign firms in China in multiple...
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作者：Frank, Douglas H.; Obloj, Tomasz
作者单位：Allegheny College; INSEAD Business School; Hautes Etudes Commerciales (HEC) Paris
摘要：This paper explores conflicting implications of firm-specific human capital (FSHC) for firm performance. Existing theory predicts a productivity effect that can be enhanced with strong incentives. We propose an offsetting agency effect: FSHC may facilitate more-sophisticated 'gaming' of incentives, to the detriment of firm performance. Using a unique dataset from a multiunit retail bank, we document both effects and estimate their net impact. Managers with superior FSHC are more productive in ...
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作者：Hoehn-Weiss, Manuela N.; Karim, Samina
作者单位：University of Washington; University of Washington Bothell; Boston University
摘要：This article investigates how alliance portfolio composition affects young firms' outcomes. Drawing on signaling theory, we propose how alliance portfolio composition-number, functional domains (R&D, manufacturing, and marketing), and single-purpose or multi-purpose nature of alliances within the portfolio-may affect a firm's likelihood of achieving a liquidity event (IPO or acquisition). We study 8,600 U. S.-based, VC-backed firms during the period of 1990 to 2002 from 10 industry sectors. We...
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作者：Wu, Brian; Wan, Zhixi; Levinthal, Daniel A.
作者单位：University of Michigan System; University of Michigan; University of Illinois System; University of Illinois Urbana-Champaign; University of Pennsylvania
摘要：The issue of the failure of incumbent firms in the face of radical technical change has been a central question in the technology strategy domain for some time. We add to prior contributions by highlighting the role a firm's existing set of complementary assets have in influencing its investment in alternative technological trajectories. We develop an analytical model that considers firm heterogeneity with respect to both technological trajectories and complementary assets. Complementary asset...
