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作者：Plourde, Yves; Parker, Simon C.; Schaan, Jean-Louis
作者单位：Western University (University of Western Ontario)
摘要：We explore the circumstances under which expatriates can help their host-subsidiary capture headquarters' attention. Our central contention is that expatriates will be particularly helpful in situations where a subsidiary or its market is showing signs of growth, allowing headquarters to recognize information signaling opportunities for the firm that could otherwise go unnoticed. We test this contention using a robust instrumental variable approach in a single multinational enterprise. Our res...
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作者：Furlan, Andrea; Cabigiosu, Anna; Camuffo, Arnaldo
作者单位：University of Padua; Universita Ca Foscari Venezia; Bocconi University; Bocconi University
摘要：This study investigates how component technological change affects the relationship between product modularity and organizational modularity (the across-firm mirroring hypothesis). Studying the air conditioning industry, we show that the across-firm mirroring hypothesis does not hold for technologically dynamic components and the associated supply relationships. In this case, the mirror gets misted up with buyers and suppliers having recourse to information sharing even in the presence of high...
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作者：Marcel, Jeremy J.; Cowen, Amanda P.
作者单位：University of Virginia
摘要：Boards experience elevated levels of turnover among outside directors following financial fraud. Scholars have proposed two mechanisms that may drive this turnover. The first views turnover as part of a board's efforts to repair organizational legitimacy and avert resource withdrawal. The second argues that turnover is a byproduct of individual directors' efforts to safeguard their own reputations and mitigate professional devaluation. We use data on director departures following 63 fraud even...
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作者：Krause, Ryan; Semadeni, Matthew
作者单位：Texas Christian University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要：In recent years, many firms have chosen to separate their CEO and board chair positions. Prior research has demonstrated that there are three forms that a CEO-board chair separation can take: apprentice, departure, and demotion. In this paper, we examine the antecedents of these three types. Our results show that the three types of separation each have different profiles in terms of the prior performance of the firm, the independence of the board, and the career horizon of the incumbent CEO. T...
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作者：O'Connell, Vincent; O'Sullivan, Don
作者单位：University of Amsterdam; University of Melbourne
摘要：Nonfinancial measures (NFMs) are a common feature of strategic performance management frameworks. We examine the role of one widely used NFM: customer satisfaction, in one aspect of strategic performance management: CEO compensation schemes. Drawing on agency theory precepts, we hypothesize that the extent to which firms link CEO compensation to customer satisfaction is influenced by satisfaction's ability to act as a leading indicator of future profitability (lead indicator strength). We furt...
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作者：Berry, Heather
作者单位：George Washington University
摘要：This paper examines both conditions that can enable collaborative and combinative knowledge generation within multinational corporations (MNCs) and benefits that firms can achieve from these types of innovations. I posit that more basic relationships that have been established through manufacturing integration can enable multicountry collaborative innovations and that these innovations will bring together diverse knowledge that is likely to spawn further innovation within firms. Empirical anal...
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作者：Kogut, Bruce; Colomer, Jordi; Belinky, Mariano
作者单位：Columbia University; Copenhagen Business School; McKinsey & Company
摘要：We propose a concept of structural equality as a compromise between competing policy preferences of equality and individual liberty to address a stunning property of the governance of corporations, namely, the paucity of female directors on corporate boards. An argument for imposing a quota for women directors on boards is the need to disrupt structural impediments to permit endogenous mechanisms to sustain female recruitment beyond a critical mass. Using estimates from the Norwegian experimen...
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作者：Foss, Nicolai J.; Hallberg, Niklas L.
作者单位：Copenhagen Business School; Norwegian School of Economics (NHH); Lund University
摘要：We develop the case for symmetrical assumptions in strategic management theory. Assumptional symmetry obtains when assumptions made about certain actors and their interactions in one of the application domains of a theory are also made about this set of actors and their interactions in other application domains of the theory. We argue that assumptional symmetry leads to theoretical advancement by promoting the development of theory with greater falsifiability and stronger ontological grounding...
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作者：Laamanen, Tomi; Brauer, Matthias; Junna, Olli
作者单位：University of St Gallen; University of Luxembourg
摘要：We provide a comparative analysis of acquirer returns in acquisitions of public firms, private firms, and divested assets. On the basis of a sample of 5,079 acquisitions by U.S. software industry companies during 1988-2008, we find that acquisitions of divested assets outperform acquisitions of privately held firms, which in turn outperform acquisitions of publicly held firms. While the higher returns for acquisitions of divested assets relative to stand-alone acquisition targets can be explai...
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作者：Sundaramurthy, Chamu; Pukthuanthong, Kuntara; Kor, Yasemin
作者单位：California State University System; San Diego State University; California State University System; San Diego State University; University of South Carolina System; University of South Carolina Columbia
摘要：This paper contributes to the corporate governance literature by developing and testing theory regarding positive and negative synergies between the CEO's and the board's human and social capital. Using a sample of 360 biotechnology firms that went public between 1995 and 2010, we demonstrate that accumulated public company board experiences of the CEO and the board have positive synergistic effects on IPO performance whereas the current board appointments have negative effects. While scientif...
