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作者:Julian, Scott D.; Ofori-Dankwa, Joseph C.
作者单位:Wayne State University; Saginaw Valley State University
摘要:Studies done in developed economies have demonstrated a positive relationship between financial resource availability and CSR. Arguments that we term the Institutional Difference Hypothesis (IDH) drawn from the institutional literature, however, suggest that institutional differences between developed and developing economies are likely to result in different CSR implications. Integrating the logic of IDH with insights from slack resources theory, we argue that there exists a negative relation...
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作者:Huesch, Marco D.
作者单位:University of Southern California; Duke University
摘要:While the independent impacts of particular firm resources and deployment capabilities on firm performance are unambiguous cornerstones of the strategy field, it is commonly assumed that their joint impacts are synergistic. This article seeks to understand whether this common misconception of resource-based theory can be refuted empirically. Using data from hospitals conducting specialist surgery, I find hospital performance improves independently through better surgical resource quality and f...
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作者:Markoczy, Livia; Sun, Sunny Li; Peng, Mike W.; Shi, Weilei (Stone); Ren, Bing
作者单位:University of Texas System; University of Texas Dallas; University of Missouri System; University of Missouri Kansas City; City University of New York (CUNY) System; Baruch College (CUNY); Nankai University
摘要:A firm's structural position within corporate networks may affect the extent to which it engages in boundary stretching practices. Since social norms support low CEO compensation, offering high CEO compensation in China can be seen as a boundary stretching practice. Setting up a compensation committee (CC) may be viewed as a form of symbolic management in China. We argue that firms operating within central corporate network positions opt to pay higher CEO compensation without engaging in symbo...
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作者:Cennamo, Carmelo; Santalo, Juan
作者单位:Bocconi University; IE University
摘要:Because the literature on platform competition emphasizes the role of network effects, it prescribes rapidly expanding a network of platform users and complementary applications to capture entire markets. We challenge the unconditional logic of a winner-take-all (WTA) approach by empirically analyzing the dominant strategies used to build and position platform systems in the U.S. video game industry. We show that when platform firms pursue two popular WTA strategies concurrently and with equal...
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作者:Wu, Brian
作者单位:University of Michigan System; University of Michigan
摘要:This paper examines how demand conditions across alternative markets impact diversification decisions and firm performance by influencing the opportunity costs of deploying non-scale free capabilities. Using data within the cardiovascular medical device industry, this study shows that: (1) firms with a larger stock of pre-entry innovation experience are more likely to diversify; (2) firms in a current market with greater relative demand maturity are more likely to diversify; (3) diversificatio...
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作者:Li, Yong; Chi, Tailan
作者单位:State University of New York (SUNY) System; University at Buffalo, SUNY; University of Kansas
摘要:When does a venture capital firm withdraw from an investment project prior to its completion? This study offers a real options view on this decision by examining the contingent effects of portfolio configuration. We explore how project withdrawal can be influenced by two distinct dimensions of portfolio configuration, portfolio focus in a strategic domain and portfolio diversity across multiple domains. The empirical analysis shows that while portfolio focus weakens the negative effect of indu...