-
作者:Schijven, Mario; Hitt, Michael A.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Although event-study methodology is invaluable to strategic management research, we argue that the traditional financial economic rationale on which it is based has led scholars to assume away the behavioral mechanisms underlying investor reactions. Building on behavioral theory from management, psychology, and economics, we set out to develop a behavioral perspective on investor reactions to acquisition announcementsone that relaxes the assumption of investors making objective, rational-deduc...
-
作者:Jansen, Justin J. P.; Simsek, Zeki; Cao, Qing
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Connecticut
摘要:Research suggests that unit-level ambidexterity positively impacts subsequent unit performance but theory and testing on this impact remain impoverished. We develop a cross-level model suggesting that structural and resource attributes of the organizational context significantly shape the relationship between unit ambidexterity and performance. Using multisource and lagged data from 285 organizational units located within 88 autonomous branches, results from hierarchical linear modeling show t...
-
作者:Barden, Jeffrey Q.
作者单位:University of Washington; University of Washington Seattle
摘要:Received research suggests that a firm subsidiary's acquisition by a new owner has countervailing effects on the subsidiary's innovation adoption behavior. On one hand, ownership change can make a subsidiary more receptive to innovation by reducing some inertial forces and introducing new resources to overcome others. Alternatively, the costs and demands of an acquisition can draw decision makers' attention away from important innovations in the technological environment. This event history st...
-
作者:Lee, Seung-Hyun; Song, Sangcheol
作者单位:Saint Joseph's University; University of Texas System; University of Texas Dallas
摘要:This study examines whether or not production shifts occur among the foreign subsidiaries of multinational corporations (MNCs) under the influence of differing macroeconomic conditions in their host countries. This study compares intra-MNC production shifts under the influence of exchange rate changes across different host countries. Our findings indicate that the increase of a subsidiary's production at the time of its host country currency depreciation decreases the production of other subsi...
-
作者:Zatzick, Christopher D.; Moliterno, Thomas P.; Fang, Tony
作者单位:California State University System; California Polytechnic State University San Luis Obispo; University of Massachusetts System; University of Massachusetts Amherst; University of Manitoba
摘要:This paper explores how fit with the organization's strategic orientation relates to performance following total quality management (TQM) implementation. Conceptualizing the organization as a system of interrelated activities, we propose that TQM is an elaborating element that achieves internal fit when the core elements of the activity system are orientated toward a cost leadership rather than differentiation strategic position. When internal fit occurs, TQM drives tighter interactions among ...
-
作者:Barnett, Michael L.; Salomon, Robert M.
作者单位:New York University; University of Oxford
摘要:Building on the theoretical argument that a firm's ability to profit from social responsibility depends upon its stakeholder influence capacity (SIC), we bring together contrasting literatures on the relationship between corporate social performance (CSP) and corporate financial performance (CFP) to hypothesize that the CSP-CFP relationship is U-shaped. Our results support this hypothesis. We find that firms with low CSP have higher CFP than firms with moderate CSP, but firms with high CSP hav...