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作者:Krause, Ryan; Semadeni, Matthew; Cannella, Albert A., Jr.
作者单位:Texas Christian University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Arizona State University; Arizona State University-Tempe
摘要:Much of the scholarship on boards of directors has examined either the control (i.e., monitoring) role or the resource dependence role that boards fill. Relatively little has examined the service role, wherein directors provide advice and guidance to management. This study builds on recent work exploring director expertise by asking how operational expertise on boards impacts firm performance. We find that having external COO/presidents on a board of directors positively impacts firm performan...
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作者:Hawk, Ashton; Pacheco-de-Almeida, Goncalo; Yeung, Bernard
作者单位:University System of Ohio; Ohio State University; Hautes Etudes Commerciales (HEC) Paris; National University of Singapore
摘要:Entry timing benefits and costs typically vary with firms' capabilities. In this study, we empirically examine the entry timing implications of firms' intrinsic speed capabilities, which refer to the ability to execute investment projects faster than competitors. We hypothesize that firms with intrinsic speed capabilities face low preemption risks and, thus, can afford to wait longer for uncertainty resolution before deciding to enter new markets. This hypothesis is more applicable when invest...
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作者:Lim, Elizabeth N. K.; Mccann, Brian T.
作者单位:University System of Georgia; Georgia State University; Vanderbilt University
摘要:Prior work has examined the effects of absolute levels of outside director stock option grants on risk behavior without recognizing that relative stock option values could differentially affect risk taking. Drawing from the house money effect perspective, we extend this literature by examining how positive deviation from prior outside director option grants values influences firm strategic risk. Additionally we draw from the behavioral agency model and the power literature to develop a multiag...
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作者:Zhao, Zheng Jane; Anand, Jaideep
作者单位:University of Kansas; University System of Ohio; Ohio State University
摘要:This research introduces a framework for selecting efficient interunit structures in facilitating the transfer of knowledge with different levels of complexity. We argue that while the boundary spanner structure is efficient for transferring discrete knowledge, it is inadequate for transferring collectively held complex knowledge. We propose that the transfer of such knowledge requires a more decentralized interunit structurecollective bridge, which is a set of direct interunit ties connecting...
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作者:Carnabuci, Gianluca; Operti, Elisa
作者单位:Universita della Svizzera Italiana; ESSEC Business School
摘要:A firm's innovativeness is driven by its ability to recombine existing technologies. Elaborating on this argument, we contend that there exist two distinct types of recombinant capabilities. First, firms may innovate through recombinant creation, i.e., by creating technological combinations new to the firm. Second, they may innovate through recombinant reuse; i.e., by reconfiguring combinations already known to the firm. We study what drives each type of capability by examining two factors: th...
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作者:Krzeminska, Anna; Hoetker, Glenn; Mellewigt, Thomas
作者单位:Leuphana University Luneburg; Arizona State University; Arizona State University-Tempe; Free University of Berlin
摘要:Firms often procure the same input via multiple means, e.g., making and buying. Recent papers have yielded rich, but inconsistent, theoretical and empirical insights. Resolving these inconsistencies requires reconceptualizing two aspects of plural sourcing: what and how. We reconceptualize plural sourcing as a set of combined governance modesmake-and-buy, make-and-ally, and buy-and-allywhich differ in their capabilities and limitations. We demonstrate our reconceptualization's potential with p...
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作者:Jia, Nan
作者单位:University of Southern California
摘要:This paper uses biform games to examine the endogenous decision to invest in relationship-specific assets. It addresses the questions of how competition affects suppliers' decisions to produce a general-purpose product or a relationship-specific product for a buyer and under what circumstances a governance arrangement designed to share investment costs between the transacting parties increases the investment in relationship-specific assets. We offer a balanced perspective that emphasizes both ...