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作者:Wan, William P.; Yiu, Daphne W.
作者单位:Texas Tech University System; Texas Tech University; Chinese University of Hong Kong
摘要:This study incorporates the external environmental context into the study of corporate acquisitions by examining the performance implications of corporate acquisitions during an environmental jolt that alters the levels of environmental munificence. We posit that compared to the periods before and after an environmental jolt, corporate acquisitions during a jolt would be positively related to firm performance. Furthermore, we suggest that organizational slack would improve firm performance and...
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作者:Zhang, Yan; Wiersema, Margarethe F.
作者单位:Rice University; University of California System; University of California Irvine
摘要:As a direct result of the corporate scandals that started with Enron and led to general unrest in the financial markets, the Securities and Exchange Commission required chief executive officers (CEOs) and chief financial officers of large publicly traded companies to certify their financial statements. Using market signaling theory, we propose that attributes of the CEO send important signals to the investment community as to the credibility of the CEO certification and thus the qualify of the...
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作者:Moldoveanu, Mihnea
作者单位:University of Toronto
摘要:A new model of managerial problem formulation is introduced and developed to answer the question: 'What kinds of problems do strategic managers engage in solving and why?' The article proposes that a key decision metric for choosing among alternative problem statements is the computational complexity of the solution algorithm of alternative statements. Managerial problem statements are grouped into two classes on the basis of their computational complexity: P-type problems (canonically easy on...
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作者:Leiblein, Michael J.; Madsen, Tammy L.
作者单位:University System of Ohio; Ohio State University; Santa Clara University
摘要:Many studies argue that the continual creation of new ideas by small and young firms steadily destroys the competitive positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation remain exceedingly fragile. This study proposes three reasons for the empirical inconsistencies it? the literature: that small and large firms differ in their: (1) stock of technological experiences, (2) use of own- and partner-firm experiences, and (3...
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作者:Reitzig, Markus; Puranam, Phanish
作者单位:University of London; London Business School
摘要:We develop and test a theoretical framework that describes the organizational antecedents of value appropriation capabilities in the context of obtaining patent protection. We argue that intermediate levels of cross-functional involvement across intellectual property (IP) generation, protection, and utilization activities outperform very high or very low levels of functional specialization in terms of obtaining rapid patent protection; while these activities are distinct enough to generate gai...