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作者：Levitas, Edward; McFadyen, M. Ann
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of Texas System; University of Texas Arlington
摘要：The effective holding awl management of liquid assets is critical to success in research-intensive industries. The primary output of invention is new knowledge. However, because of its 'sticky' characteristics, knowledge may not easily diffuse to external shareholders, leading to knowledge assymetries between managers/employees and external suppliers of capital. Main, valuable R&D projects may thus fail to attract external financing, limiting a firm's ability to invest in R&D. In this study, w...
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作者：Lim, Elizabeth Ngah-Kiing; Das, Shobha S.; Das, Amit
作者单位：University of Connecticut; Nanyang Technological University
摘要：We use agency, theory to predict the influence of related and unrelated product diversification on a firm's level of debt financing. Further, we argue that the link between diversification and capital structure is moderated by the environment in which firms operate. Using SAS PROC MIXED, we fit a mixed-effects model to our unique six-year longitudinal dataset (1995-2000) of 245 publicly listed Singapore firms. Our data spans the period of the Asian Financial Crisis (1997-1998). We find that fi...
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作者：Wiersema, Margarethe F.; Bowen, Harry P.
作者单位：University of California System; University of California Irvine
摘要：Strategy researchers are increasingly turning their attention from examining the impact of strategic choices on firm performance to examining the factors that determine strategic choices at the firm level. This shift of research orientation has meant that researchers are increasingly faced with a limited dependent variable (LDV) that takes a limited number of usually discrete values, for which LDV methods such as logit or probit are required. Despite their growing popularity, there appears to ...
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作者：Weigelt, Carmen
作者单位：Tulane University
摘要：Outsourcing plays all important role for firms adopting new technologies. Although outsourcing provides access to a new, technology, it does not guarantee that a firm call subsequently integrate the technology with existing business processes and leverage it in the marketplace. This distinction, however, has rarely been made in the literature. In the context of business process enhancing technologies, this study builds oil the resource-based and knowledge-based views to study the impact of out...
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作者：Kim, Ji-Yub (Jay); Finkelstein, Sydney
作者单位：University of Southern California; Dartmouth College
摘要：Most traditional research on mergers and acquisitions tends to focus on the role of similarity in explaining acquisition performance. While scholars have recently begun to examine acquisition complementarity, there is still little evidence concerning how complementarity influences acquisition performance. Further, previous research has not drawn the connections between related contexts and the potential benefits from complementarity. In this article, we move the study of acquisition complement...
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作者：Marcel, Jeremy J.
作者单位：University of Virginia
摘要：Critics of the CEO/COO duo have stressed that this arrangement burdens the firm with increased costs and decreases the CEO's effectiveness. This study adopts an upper echelon perspective to argue that the presence of a COO may also create TMT-level information-processing benefits that can improve firm performance in certain conditions. Data from a sample of 153 firms in five industries highlight a strong positive relationship between the presence of a COO and two established measures of firm p...
