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作者:Jiang, Ruihua Joy; Tao, Qingjiu Tom; Santoro, Michael D.
作者单位:Lehigh University; Oakland University; James Madison University
摘要:In this paper, we offer a comprehensive alliance portfolio diversity construct that includes partner, functional, and governance diversity. Grounding our work primarily with the resource- and dynamic capabilities-based views, we argue that increased diversity in partners' industry, organizational, and national background will incur added complexity and coordination costs but will provide broadened resource and learning benefits. Increased functional diversity results in a more balanced portfol...
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作者:Goranova, Maria; Dharwadkar, Ravi; Brandes, Pamela
作者单位:University of Wisconsin System; University of Wisconsin Milwaukee; Syracuse University
摘要:Using a corporate governance lens, this study considers owners with a stake in both the acquiring and the target firms in the context of mergers and acquisitions. A possible agency problem arises with regard to monitoring implications as managers may be able to take advantage of compromised monitoring because overlapping owners may focus on the aggregate value for both the acquiring and the target firms and nonoverlapping owners may be interested only in the acquirer's side of the deal. The re...
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作者:Salomon, Robert; Jin, Byungchae
作者单位:New York University; University System of Maryland; University of Maryland College Park
摘要:An interesting theoretical debate arises when considering firm heterogeneity in learning from exporting. One perspective intimates that technologically lagging firms stand to benefit more from exporting because exposure to technological knowledge in foreign markets allows these firms to close the gap with their more technologically endowed counterparts. A contrasting perspective posits that technologically superior firms benefit more from exporting since these firms are better equipped to tran...
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作者:Fredrickson, James W.; Davis-Blake, Alison; Sanders, W. M. Gerard
作者单位:University of Texas System; University of Texas Austin; University of Minnesota System; University of Minnesota Twin Cities; Rice University
摘要:The antecedents and consequences of pay dispersion are studied using theory that focuses on the social comparisons that occur among members of the CEO's top team. Results from a sample of large public firms indicate that when members of this elite group were similar on a variety of dimensions, and thus likely to compare their pay, the board allowed less dispersion. In addition, pay dispersion was negatively related to company performance, particularly when it exceeded what could be justified b...
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作者:Arino, Africa; Ring, Peter Smith
作者单位:University of Navarra; IESE Business School; Loyola Marymount University
摘要:We report on data from a revelatory qualitative case study of a failed attempt to form an international joint venture (IJV) agreement. We analyze issues related to distributive, procedural, interpersonal, and informational fairness and the roles of their occurrence in the course of the formation stage of an IJV. We find that perceptions of fairness types shape the partners' decision making logics (a property rights logic, a control rights logic, and a relational quality logic), which in turn i...