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作者：Hayward, MLA; Rindova, VP; Pollock, TG
作者单位：University of Colorado System; University of Colorado Boulder; University System of Maryland; University of Maryland College Park
摘要：This theoretical article introduces the construct of CEO celebrity in order to explain how the tendency, of journalists to attribute a firm's actions and outcomes to the volition of its CEO affects such firm. In the model developed here, journalists celebrate a CEO whose firm takes strategic actions that are distinctive and consistent by attributing such actions and performance to the firm's CEO. In so doing, journalists over-attribute a firm's actions and outcomes to the disposition of its CE...
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作者：Kalnins, A; Chung, W
作者单位：University of Southern California; University of Pennsylvania
摘要：We analyze whether firms prefer collocating with incumbent firms when choosing among markets to enter, highlighting the role of resource-seeking as a motivation for collocation. We propose that entrants will locate near others possessing resources that can spill over, but will avoid locations where existing firms will exploit spillovers without contributing. To test these propositions, we analyze the location decisions of 570 new hotels in Texas between 1992 and 2000. We find that hotels are a...
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作者：Kim, H; Hoskisson, RE; Wan, WP
作者单位：Korea University; University of Oklahoma System; University of Oklahoma - Norman
摘要：Conceptualizing the keiretsu as a power-dependence system, we propose that benefits accruing from keiretsu affiliation differ across member firms, depending on their power in (or dependence on) the keiretsu. By integrating power with governance and internal market perspectives on group affiliation, we develop and find general support for the hypotheses that powerful keiretsu member firms are able to place more emphasis on growth in pursuing product and international diversification, whereas le...
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作者：Huyghebaert, N; De Gucht, LMV
作者单位：Universite Catholique Louvain
摘要：This paper empirically investigates the forces that shape the post-entry, exit probability of entrepreneurial start-ups, with an emphasis on the impact of incumbents' strategic behavior in financial markets. We find that entrepreneurial start-ups in highly competitive industries are more likely to exit and that leverage compounds this exit risk. However, the latter result only holds when potential adverse selection and moral hazard problems in financial markets are large at start-up. Under the...
