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作者：Zhou, Yue Maggie
作者单位：University System of Maryland; University of Maryland College Park
摘要：Sharing common inputs across business lines can potentially generate synergy that justifies related diversification. The pursuit of such synergy through diversification is, however, fundamentally driven by the indivisibility of inputs between firms. Following Penrose's insight, I argue that to realize this synergy, a firm needs to actively manage the interdependencies between different business lines, which, in turn, increases its coordination costs. The coordination costs may increase faster ...
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作者：Obloj, Tomasz; Capron, Laurence
作者单位：INSEAD Business School
摘要：In this study, we draw on the resource-based view of the firm and on value-based models of strategy to examine when firms appropriate value from their superior resources. We argue for the need to take into account the role of the resource gap between competitors rather than the absolute resource stock of the focal firm when examining the resource-performance relationship. In particular, we investigate whether the ability of a reputable seller to command a price premium is influenced by the rep...
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作者：Crossland, Craig; Hambrick, Donald C.
作者单位：University of Texas System; University of Texas Austin; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：The concept of managerial discretion provides a theoretical fulcrum for resolving the debate about whether chief executive officers (CEOs) have much influence over company outcomes. In this paper, we operationalize and further develop the construct of managerial discretion at the national level. In an empirical examination of 15 countries, we find that certain informal and formal national institutions-individualism, tolerance of uncertainty, cultural looseness, dispersed firm ownership, a comm...
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作者：Cui, Anna Shaojie; Calantone, Roger J.; Griffith, David A.
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; Michigan State University; Michigan State University's Broad College of Business
摘要：An evolutionary perspective of the resource-based view is adopted to understand how changes in a partner firm's overall strategy may influence the firm's interfirm partnerships over time. We contend that changes in a partner firm's overall resource deployment strategy and partnering strategy influence the value and uniqueness of partnership resources. These changes alter the competitive advantage associated with partnership resources, affecting the propensity of partnership termination. An eve...
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作者：Xia, Jun
作者单位：West Virginia University
摘要：Drawing on the resource dependence perspective, this study suggests that alliance survival is an adaptive response to both environmental dependence and partner dependence independently and jointly. Based on a sample of cross-border alliances formed and terminated by local and foreign,firms in a longitudinal setting, the results suggest that the mutual trade dependence between a home country and a host country is positively related to the survival of cross-border alliances in the host country. ...
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作者：Philippe, Deborah; Durand, Rodolphe
作者单位：University of Lausanne; Hautes Etudes Commerciales (HEC) Paris
摘要：Deviance from social norms has been extensively examined in recent strategy research, leaving the strategic implications of conformity largely unexplored. In this article, we argue that firms can elect to conform to a norm along two dimensions: compliance with the goal and level of commitment to the procedures. We then produce a typology of four norm-conforming behaviors, which allows us to isolate differentiated effects of conformity on firm reputation. We examine the corporate environmental ...
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作者：Gore, Angela K.; Matsunaga, Steve; Yeung, P. Eric
作者单位：University of Oregon; George Washington University; University System of Georgia; University of Georgia
摘要：We provide evidence that the presence of technical expertise in firm governance structure reduces reliance on contractual incentives to control the potential agency problem for executives whose responsibilities require specialized knowledge. Specifically, we find that firms with financial expertise in the form of a board finance committee, or a chief executive officer with a financial background, tend to use lower levels of incentive-based compensation for their chief financial officers. Our f...
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作者：Markle, Alex B.
作者单位：Hong Kong University of Science & Technology
摘要：While traditional economic models characterize individuals as boundlessly self-interested, decades of empirical findings suggest that individuals' self-interest motives are constrained by concurrent preferences for fairness. Individuals act on these preferences by behaving reciprocally: rewarding others perceived as behaving fairly and punishing others perceived as behaving unfairly. Successful firms must learn to navigate environments characterized by the reciprocity of their transaction part...
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作者：Allatta, Joan T.; Singh, Harbir
作者单位：Purdue University System; Purdue University; University of Pennsylvania
摘要：This study uses network data of worker behavior to analyze changes in worker communication patterns during the first three years post-acquisition. The findings suggest that new communication routines develop slowly and are not entirely enduring even when a transformative event, such as an acquisition, occurs. Communication across firms initially increases as workers change their routines. However, over time this communication peaks and then falls as workers develop common ground. Communication...
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作者：Spencer, Jennifer; Gomez, Carolina
作者单位：George Washington University; State University System of Florida; Florida International University; Elon University
摘要：We argue that the pressure MNE subsidiaries face to engage in corrupt practices in their host country varies positively with the institutionalization of corrupt practices in both host and home country environments. We further argue that the relationship between an MNE's home country environment and the pressure it faces in the host country is moderated by its localization strategy. Results suggest a positive relationship between the host country corruption environment and the pressure subsidia...
