11期

最新文章

• Is performance driven by industry-or firm-specific factors? A response to Hawawini, Subramanian, and Verdin AI翻译
  作者：McNamara, G; Aime, F; Vaaler, PM
  作者单位：Michigan State University; Michigan State University's Broad College of Business; University of Illinois System; University of Illinois Urbana-Champaign
  摘要：Hawawini, Subramanian, and Verdin (2003) examined the relative impact of industry- vs. firm-level factors shaping firm performance. They demonstrated that variance in firm performance attributable to industry-level factors increases, while variance attributable t to firm-level factors decreases when 'exceptionally' higher- and lower-performing 'outlier' firms in each industry are excluded. They concluded that previous research underestimated the relative impact of industry-level factors for 'a...
• Is performance driven by industry- or firm-specific factors? A reply to McNamara, Aime, and Vaaler AI翻译
  作者：Hawawini, G; Subramanian, V; Verdin, P
  作者单位：Universite Libre de Bruxelles; INSEAD Business School; University of Hong Kong
  摘要：We revisit the questions of identification of outlying firms within industries and their impact on the relative importance of firm- and industry-specific factors for firm performance. In response to McNamara, Aime and Valler (2005), we argue that the key results in Hawawini, Subramnian and Verdin (2003) are insensitive to the varying methods used to identify firm outliers. Further, we argue that conducting tests on industry outliers are inconsistent to what is indicated by theory and past empi...
• Embedded ties and the acquisition of competitive capabilities AI翻译
  作者：McEvily, B; Marcus, A
  作者单位：Carnegie Mellon University; University of Minnesota System; University of Minnesota Twin Cities
  摘要：We build on previous research that explores the external acquisition of competitive capabilities through the embedded ties that firms form in networks and alliances. While information sharing and trust have been theorized to be key features of the interorganizational ties that facilitate the acquisition of competitive capabilities, we argue that these mechanisms provide an incomplete explanation because they do not fully address the partially tacit nature of the knowledge that underlies compet...
• Before and after the technology sector crash: The effect of environmental munificence on stock market response to alliances of e-commerce firms AI翻译
  作者：Park, NK; Mezias, JM
  作者单位：University of Miami; Korea Advanced Institute of Science & Technology (KAIST)
  摘要：We treat the sudden technology sector crash as a natural experiment to investigate how dramatic changes in resource availability in the e-commerce sector affect stock market response to interfirm alliances. This environmental jolt demarcated two distinctly different periods of e-commerce resource munificence: pre-crash, characterized by high munificence, and post-crash, characterized by low munificence. Using data on alliances involving 75 e-commerce firms from 1995 to 2001, we find that the s...