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作者:Quigley, Timothy J.; Hambrick, Donald C.
作者单位:Lehigh University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Prior research on CEO succession has omitted consideration of a critical institutional reality: some exiting CEOs do not fully depart the scene but instead remain as board chairs. We posit that predecessor retention restricts a successor's discretion, thus dampening his or her ability to make strategic changes or deliver performance that deviates from pre-succession levels. In short, a predecessor's continuing presence suppresses a new CEO's influence. Based on analysis of 181 successions in h...
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作者:Ethiraj, Sendil K.; Ramasubbu, Narayan; Krishnan, M. S.
作者单位:University of Michigan System; University of Michigan; Singapore Management University
摘要:Economic models suggest that firms use a simple cost-benefit calculation to evaluate customer requests for new product features, but an extensive organizational literature shows the decision to implement innovation is more nuanced. We address this theoretical tension by studying how firms respond to customer requests for incremental product innovations, and how these responses change when the requested innovation is complex. Using large sample empirical analyses combined with detailed qualitat...
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作者:Fabrizio, Kira R.; Thomas, L. G.
作者单位:Duke University; Emory University
摘要:Localization of knowledge flows has been extensively examined in the literature on innovation. However, almost all previous research has focused on technological knowledge. This study examines why knowledge of demand can also be tacit and localized. We provide a detailed empirical study of the global pharmaceutical industry and find not only that demand is as important as technological knowledge in determining the pattern of innovation in this industry but also that innovation is a locally det...
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作者:Csaszar, Felipe A.
作者单位:University of Michigan System; University of Michigan
摘要:This article develops and tests a model of how organizational structure influences organizational performance. Organizational structure, conceptualized as the decision-making structure among a group of individuals, is shown to affect the number of initiatives pursued by organizations and the omission and commission errors (Type I and II errors, respectively) made by organizations. The empirical setting is more than 150,000 stock-picking decisions made by 609 mutual funds. Mutual funds offer an...
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作者:Armando Ronda-Pupo, Guillermo; Angel Guerras-Martin, Luis
作者单位:Universidad Rey Juan Carlos
摘要:The aim of this paper is to extend recent reflection on the evolution of strategic management by analyzing the field's object of study: strategy. We show how the concept of strategy has formed the backbone of the development of strategic management as an academic field and how consensus regarding it has evolved in the academic community during the stages of its historical development. We also address changes in the structure of the definition as it evolved through the growth of internal consis...
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作者:Bettis, Richard A.
作者单位:University of North Carolina; University of North Carolina Chapel Hill
摘要:This paper discusses repeated tests and the resultant reporting of statistical significance when it is actually not present. These errors interact with professional norms such as biases against both replication studies and 'non-results' to undermine the efficacy of our base of empirically tested theory. This raises serious issues for the future of strategic management research. Suggestions are made for dealing with these issues substantively and in terms of professional norms. Copyright (C) 20...
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作者:Acquaah, Moses
作者单位:University of North Carolina; University of North Carolina Greensboro
摘要:The effect of social networking relationships, firm-specific managerial experience, and their interactions on performance between family owned and nonfamily firms are studied. Using data from 106 organizations in Ghana, the findings show that family owned firms benefit more from networking relationships with bureaucratic officials than do nonfamily firms. However, nonfamily firms benefit more from networking relationships with community leaders and firm-specific managerial experience than do f...
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作者:Berchicci, Luca; Dowell, Glen; King, Andrew A.
作者单位:Cornell University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Dartmouth College
摘要:In this article, we investigate whether environmental capabilities influence firms' corporate strategies, a topic that has received little attention to date. We hypothesize that firms are more likely to acquire facilities when ownership facilitates the transfer of capabilities either to or from the facility. Using a panel from the U.S. government's Toxics Release Inventory Program, we find firms with superior environmental capabilities are significantly more likely to acquire physically proxim...
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作者:Montiel, Ivan; Husted, Bryan W.; Christmann, Petra
作者单位:Loyola Marymount University; York University - Canada; Tecnologico de Monterrey; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick
摘要:This paper investigates how corruption in the institutional environment influences firms' decisions to obtain third-party certification to private management standards as signals of desirable conduct. We argue that policy-specific corruption erodes trust in government efforts to regulate firms' conduct, thus increasing the signaling value of private certifications and the likelihood of certification. However, widespread corruption in the general environment can extend distrust to private certi...
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作者:Carnahan, Seth; Agarwal, Rajshree; Campbell, Benjamin A.
作者单位:University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University
摘要:We explore the strategic implications of firm compensation dispersion on the heterogeneous turnover outcomes of employee mobility and entrepreneurship. We theorize that individuals' turnover decisions are affected by the interaction of individual performance with the firm's compensation dispersion relative to its competitors. We test our theory using linked employer-employee data from the legal services industry. We find that individuals with extreme high performance are less likely to leave f...