-
作者：Hoetker, Glenn
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：The tacit assumption that increased product modularity is associated with advantageous increases in organizational modularity, underlies much of the literature on modularity. Previous empirical investigations of this assumption, few in number, have faced numerous confounding factors and generated conflicting results. I build a causal model for the relationship between product and organizational modularity, which I test using a distinctive empirical setting that controls for confounding factors...
-
作者：David, Parthiban; Yoshikawa, Toru; Chari, Murali D. R.; Rasheed, Abdul A.
作者单位：University of Notre Dame; Singapore Management University; Indiana University System; Indiana University South Bend; University of Texas System; University of Texas Arlington
摘要：This paper investigates the effect of foreign ownership on strategic investments in Japanese corporations. Foreign owners are typically portfolio investors who frequently buy and sell shares and hold diversified portfolios of small stakes in many firms. Prior research has presented two conflicting perspectives on the role of such investors: (a) their frequent trading leads to pressure for short-term returns that fosters underinvestment; (b) their active trading fosters appropriate investments....
-
作者：Yanadori, Yoshio; Marler, Janet H.
作者单位：University of British Columbia; State University of New York (SUNY) System; University at Albany, SUNY
摘要：Drawing on the strategic employee group concept, this study empirically examines whether a firm's innovation strategy influences compensation systems for strategic employee groups in the high-technology industry. We focus on compensation packages for R&D employees who play a critical role in successful implementations of innovation strategy. Using compensation data for middle-level managers and professional employees from 237 firms in the high-technology industry, we found that a firm's strate...
-
作者：Hayward, Mathew L. A.; Shimizu, Katsuhiko
作者单位：University of Texas System; University of Texas at San Antonio; University of Colorado System; University of Colorado Boulder
摘要：We use a mental accounting framework to study the conditions in which CEOs de-commit to poorly performing acquisitions and so become more likely to divest them. We test this framework by contrasting the experiences of 68 firms that divested acquisitions with a control sample of 68 firms that did not divest their acquisitions. Consistent with the theory that we use to explain and predict de-commitment, our results suggest that poorly performing acquired units tend to be divested when executives...
-
作者：Misangyi, Vilmos F.; Elms, Heather; Greckhamer, Thomas; Lepine, Jeffrey A.
作者单位：University of Delaware; Georgetown University; Louisiana State University System; Louisiana State University; State University System of Florida; University of Florida
摘要：We utilized a multilevel approach to both estimate the relative importance of industry, corporate, and business segment effects on firm performance, as well as to demonstrate how it enables the investigation of specific strategic factors within each class of effects. Our results confirmed previous findings suggesting that although business segment effects carry the most relative importance, industry and corporate effects are also important. Among the findings regarding specific factors, we fou...
-
作者：Sarkar, M. B.; Echambadi, Raj; Agarwal, Rajshree; Sen, Bisakha
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; State University System of Florida; University of Central Florida; University of Alabama System; University of Alabama Birmingham
摘要：To foster 'creative destruction,' entrants must survive the turbulent conditions they face in their first crucial years in the industry. We investigate how the external knowledge milieu of an entrant, conceptualized as its innovative environment, causes systematic variation in survival patterns. We test our model from 3,431 firms in 33 industries over 80 years. We depict the innovative environment along two knowledge-related dimensions, namely technology regime and technology intensity. While ...
