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作者：Tian, Jie (Jenny); Haleblian, Jerayr (John); Rajagopalan, Nandini
作者单位：Chinese University of Hong Kong; University System of Georgia; University of Georgia
摘要：This study extends work on independent directors to examine the influence of their human capital and social capital on investor reactions to the board's CEO selection decision. We predict that human capital, as represented by the board's CEO experience and industry experience, and social capital, as represented by directors' co-working experience on the board and external directorship ties to other corporate boards, will influence the stock market reactions to new CEO appointments. In a sample...
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作者：Mas-Ruiz, Francisco; Ruiz-Moreno, Felipe
作者单位：Universitat d'Alacant; Universidad CEU Cardenal Herrera
摘要：Our study examines how, in a given industry, rivalry functions within strategic groups defined according to the size of their member firms and how this rivalry affects performance. We hypothesize that, owing to several forms of group-level effects including market power, efficiency, differentiation, and multimarket contact, strategic groups that comprise smaller firms will exhibit both increased rivalry and decreased performance compared with strategic groups that comprise larger firms. We tes...
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作者：Kotha, Reddi; Zheng, Yanfeng; George, Gerard
作者单位：Imperial College London; University of Hong Kong; Singapore Management University
摘要：We provide evidence that young firms systematically differ from older firms in their innovative output when they enter 'new to the firm' technological niches. We analyze data from 128 biotechnology firms since their inception and track these firms over time. Our analyses reveal that the organizational age at which the firm branches into new technological niches significantly influences its innovative activity. We refine the focus of the extant literature by separately examining the effects of ...
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作者：Ho, Joanna L. Y.; Wu, Anne; Xu, Sean Xin
作者单位：University of California System; University of California Irvine; National Chengchi University; Tsinghua University
摘要：Prior studies have reported mixed findings on the impact of corporate information technology ( IT) investment on firm performance. This study investigates the effect of corporate governance, an important management control mechanism, on the relation between IT investment and firm performance in the Taiwanese electronics industry. Specifically, we explore board independence and foreign ownership, which have increasingly become salient factors concerning corporate governance in emerging markets....
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作者：Kulich, Clara; Trojanowski, Grzegorz; Ryan, Michelle K.; Haslam, S. Alexander; Renneboog, Luc D. R.
作者单位：University of Geneva; University of Exeter; University of Exeter; Tilburg University
摘要：This paper offers a new explanation of the gender pay gap in leadership positions by examining the relationship between managerial bonuses and company performance. Drawing on findings of gender studies, agency theory, and the leadership literature, we argue that the gender pay gap is a context-specific phenomenon that results partly from the fact that company performance has a moderating impact on pay inequalities. Employing a matched sample of 192 female and male executive directors of U.K.-l...
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作者：Gomez, Jaime; Pablo Maicas, Juan
作者单位：University of Zaragoza; University of Zaragoza; Universidad de La Rioja
摘要：The purpose of this paper is to test the effectiveness of switching costs as an isolating mechanism in the context of the first-mover advantage theory. Whereas both the literature on switching costs and on pioneering propose this as a mechanism through which firms could obtain sustainable competitive advantage, other authors offer a rationale for thinking that this is not the case. We test our hypotheses in the context of the European mobile telecommunications industry. This is a sector that h...
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作者：Yu, Jifeng; Gilbert, Brett Anitra; Oviatt, Benjamin M.
作者单位：Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of New South Wales Sydney; University System of Georgia; Georgia State University
摘要：In this study, we seek to advance the network perspective on new venture internationalization by examining the role of networks in accelerating new venture sales into foreign markets. We propose that knowledge derived from ventures' technology and marketing alliances increases the likelihood that new ventures begin exploiting opportunities in international markets. We also argue that the extent to which the networks open the venture to new knowledge or constrain it to knowledge already shared ...
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作者：Bardolet, David; Fox, Craig R.; Lovallo, Dan
作者单位：Bocconi University; University of California System; University of California Los Angeles; University of Sydney
摘要：Previous research on capital investment has identified a tendency in multibusiness firms toward cross-subsidization from well-performing to poorly performing divisions, a phenomenon that has previously been attributed to principal-agent conflicts between headquarters and divisions (Stein, 2003). In this paper, we argue that cross-subsidization reflects a more general tendency toward even allocation over all divisions in multibusiness firms that is driven, at least in part, by the cognitive ten...
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作者：Adegbesan, J. Adetunji; Higgins, Matthew J.
作者单位：University System of Georgia; Georgia Institute of Technology
摘要：The differential benefits reaped by individual partners are a major determinant of the impact of strategic alliances on firm performance and an important (dis) incentive for alliance partners to collaborate in value creation. Theoretically, we lack an explicit theory of intra-alliance value division; empirically, previous analysis has been hampered by methodological challenges. We propose a bargaining framework for intra-alliance value appropriation, as well as a measure for capturing its vari...
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作者：Ma, Rong; Huang, Yen-Chih; Shenkar, Oded
作者单位：University of Missouri System; University of Missouri Kansas City; National Cheng Kung University; University System of Ohio; Ohio State University
摘要：This paper investigates the moderating effect of national cultural contexts on the relationship between social networks and opportunity recognition. Data obtained from Taiwan and the United States support the proposition that cultural contexts, specifically the individualism-collectivism dimension, moderate the relationship between tie strength, structural holes, and opportunity recognition. Results indicate that in the United States, tie strength is negatively associated with opportunity iden...
