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作者:Rodan, S; Galunic, C
作者单位:California State University System; San Jose State University; INSEAD Business School
摘要:This study deals with individual managerial performance, both overall and in generating innovation. While prior work has demonstrated a relationship between network structure and managerial performance, inadequate attention has been paid to network content. We consider several micro-social processes that might account for differences in managerial performance, taken front economic sociology and studies of managers' exploitation of their social networks and derived from work in psychology on th...
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作者:Jensen, M; Zajac, EJ
作者单位:University of Michigan System; University of Michigan; Northwestern University
摘要:This study combines elements of the upper echelons and agency perspectives to resolve some of the ambiguity surrounding how corporate elites affect corporate strategy. We propose and test the notion that while differences in individual characteristics of corporate elites may imply different preferences for particular corporate strategies such as diversification and acquisitions, these basic preferences, when situated in different agency contexts (e.g., CEO, outsider director, non-CEO top manag...
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作者:Carow, K; Heron, R; Saxton, T
作者单位:Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要:We explore whether pioneering advantages exist for early-mover acquirers in industry acquisition waves by examining both combined (target and acquirer) and acquirer stock returns. Combined abnormal returns are higher for acquisitions that occur at the beginning of acquisition waves. However, for acquirers' returns, only strategic pioneers-those acting in manners consistent with having superior information-capture Significant advantages. Specifically, early-mover acquirers who realize superior ...
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作者:Hoskisson, RE; Cannella, AA Jr; Tihanyi, L; Faraci, R
作者单位:Arizona State University; Arizona State University-Tempe; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Oklahoma System; University of Oklahoma - Norman; University of Catania
摘要:We examine the relationship of environmental antecedents to asset restructuring in nine French civil law countries in Latin America and Europe. In these countries, business group affiliation helps member firms to access resources, take advantage of environmental opportunities, and neutralize threats. Results indicated that environmental antecedents, such as change in country development, increased competition and deregulation led to increased asset restructuring. More importantly, however, we ...
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作者:Krishnan, RA; Joshi, S; Krishnan, H
作者单位:Michigan State University; Michigan State University's Broad College of Business; Michigan State University; University System of Ohio; Xavier University
摘要:This study draws oil the institutional and resource-based theories of the firm and examines whether multi-product firms use mergers as a strategic tool to reconfigure their product-mix toward high-profit products. We propose that mergers facilitate product-mix reconfiguration by relaxing institutional and organizational constraints oil resource redeployment. Analysis of data from the US. hospital industry reveals that, relative to non-merging hospitals, merging hospitals increased their presen...