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作者：Stieglitz, Nils; Heine, Klaus
作者单位：University of Southern Denmark; Free University of Berlin
摘要：In the resource-based view of strategy and in evolutionary economics, complementary assets play a crucial role in explaining sustainable competitive advantages and innovations. Despite the apparent importance of complementary assets for the understanding of corporate strategy, their creation and the associated managerial problems have been much less discussed. We believe this to be a major weakness in the strategic theory of the firm. Interestingly, problems of coordination and cooperation are...
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作者：Lee, Gwendolyn K.
作者单位：State University System of Florida; University of Florida
摘要：This paper focuses on the role of network resources and examines the associated mechanisms that affect the timing of entry into an emerging product market. Linking network theory to market entry research, I analyze the pattern in the structure, relation, and composition of 517 firms' strategic alliances as the firms face the decision of whether and when to enter the networking switches market over a 13-year period from 1989 to 2001. The context for empirical testing is the voice/data convergen...
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作者：David, Parthiban; Bloom, Matt; Hillman, Amy J.
作者单位：University of Notre Dame; University of Oklahoma System; University of Oklahoma - Norman; Arizona State University; Arizona State University-Tempe
摘要：We study relationships between shareholder proposal activism, managerial response, and corporate social performance (CSP). We find that shareholder proposal activism reduces CSP. We infer that rather than pressuring firms to improve CSP, activism may engender diversion of resources away from CSP into political activities used by managers to resist external pressures and retain discretion. We also find that managers are more likely to settle proposals filed by 'salient' shareholders (i.e., thos...
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作者：Luo, Yadong
作者单位：University of Miami
摘要：This study examines how joint venture partners' opportunism is influenced by environmental volatility in a drastically changing emerging economy. Building on transaction cost and information-processing theories, we develop the hypothesis that opportunism increases to cope with industry structural instability, information verifiability, and law unenforceability, the three interrelated yet distinct characteristics that jointly describe environmental volatility in an emerging economy. Our analysi...
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作者：Wright, Peter; Kroll, Mark; Krug, Jeffrey A.; Pettus, Michael
作者单位：University of Memphis; University of Louisiana System; Louisiana Technical University; Virginia Commonwealth University
摘要：In our work, the influences on subsequent firm risk taking of fixed incentives relative to variable incentives as well as the separate effects on subsequent corporate risk taking of variable incentives are examined. Focusing on the top management team members, we find a higher proportion of incentives that are devoted to fixed incentives relative to variable incentives tend to be inversely associated with subsequent firm risk taking. Managerial stock options are directly and uniformly associat...
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作者：Bercovitz, Janet; Mitchell, Will
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Duke University
摘要：Empirical research shows that larger businesses tend to survive longer than smaller companies. Little research, though, shows whether size confers survival advantages in addition to the survival benefits of baseline profitability. Moreover, no prior research attempts to disentangle the benefits of organizational capital that accrue from greater scale from those that arise from greater business scope. Thus, we lack a conceptual understanding of the underlying benefits of business size for long-...
