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作者:Walls, Judith L.; Berrone, Pascual; Phan, Phillip H.
作者单位:Concordia University - Canada; University of Navarra; IESE Business School; Johns Hopkins University
摘要:Corporate governance scholars are increasingly interested in firms' social and environmental performance. Empirical research in this area, however, has moved forward in an uncoordinated fashion, producing fragmented and contradictory results. Our paper seeks to address this situation by adopting a fact-based research approach that comprehensively explores the link between corporate governance and environmental performance. Specifically, we aim to understand how the relationships between and am...
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作者:Blettner, Daniela P.; Chaddad, Fernando R.; Bettis, Richard A.
作者单位:Tilburg University; University of North Carolina; University of North Carolina Chapel Hill
摘要:How CEOs affect strategy and performance is important to strategic management research. We show that sophisticated statistical analysis alone is problematic for establishing the magnitude and causes of CEO impact on performance. We discuss three problem areas that substantially distort the measurement and sources of a CEO performance effect: (1) the nature of performance time series, (2) confounding and (3) the discovery of many interactions associated with the CEO performance effect. We show ...
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作者:Moore, Curt B.; Bell, R. Greg; Filatotchev, Igor; Rasheed, Abdul A.
作者单位:City St Georges, University of London; Texas Tech University System; Texas Tech University; Vienna University of Economics & Business; University of Texas System; University of Texas Arlington
摘要:While product market choices have been central to strategy formulation for firms in the past, the integration of financial markets makes the choice of capital markets an equally important strategic decision. We advance a comparative institutional perspective to explain capital market choice by firms making an IPO in a foreign market. We find that internal governance characteristics (founder-CEO, executive incentives, and board independence) and external network characteristics (prestigious und...
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作者:Muehlfeld, Katrin; Sahib, Padma Rao; Van Witteloostuijn, Arjen
作者单位:Utrecht University; University of Antwerp; University of Groningen; Tilburg University
摘要:This study develops and tests theory about the context-specificity and outcome-dependence of experiential learning in acquisition processes. First, we investigate whether learning from experience gained in different acquisition contexts is limited to influencing subsequent outcomes of same-context transactions. Second, we analyze whether learning patterns in response to prior successes and failures differ across acquisition contexts, depending on two properties of these contextsthe degree of s...
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作者:Leone, Maria Isabella; Reichstein, Toke
作者单位:Copenhagen Business School; Universita LUMSA
摘要:Drawing on contractual economics and innovation management, licensing-in is hypothesized to accelerate licensees' invention process. Studying a matched dataset of licensees and non-licensees, licensees are shown to be faster at inventing, but the effect is negated if the license includes a grant-back clause, shifting incentives from licensee to licensor. Also, the effect is significantly reduced if the licensee is unfamiliar with the licensed technology. The effect of the grant-back clause is ...