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作者：McWilliams, A; Siegel, D
作者单位：Arizona State University; Arizona State University-Downtown Phoenix; University of Nottingham
摘要：Researchers have reported a positive, negative, and neutral impact of corporate social responsibility (CSR) on financial performance. This inconsistency may be due to flawed empirical analysis. In this paper, we demonstrate a particular flaw in existing econometric studies of the relationship between social and financial performance. These studies estimate the effect of CSR by regressing firm performance on corporate social performance, and several control variables. This model is misspecified...
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作者：Sorenson, O
作者单位：University of California System; University of California Los Angeles
摘要：Managers must choose to allocate scarce resources either to the maintenance of a range of products tailored to heterogeneous consumer preferences or to the efficient production of a small number of products. In addition, managers must choose the degree to which they periodically cull the product line. Vigorous selection removes poor performers from the product line, but this action simultaneously impairs the firm's ability to monitor changes in consumer preferences. Empirical evidence from the...
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作者：Brush, TH; Bromiley, P; Hendrickx, M
作者单位：Purdue University System; Purdue University; University of Minnesota System; University of Minnesota Twin Cities
摘要：The paper investigates the agency argument that sales growth in pms with free cash flow (and without strong governance) is less profitable than safes growth for firms without free cash flow. It also tests whether strong governance conditions improve the performance of firms with free cash flow and/or limit the investments in unprofitable safes growth. Consistent with agency theory, firms with free cash flow gain less from safes growth than firms without free cash flow. But different governance...
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作者：Tripsas, M; Gavetti, G
作者单位：Harvard University; University of Pennsylvania
摘要：There is empirical evidence that established firms often have difficulty adapting to radical technological change. Although prior work in the evolutionary tradition emphasizes the inertial forces associated with the local nature of learning processes, little theoretical attention has been devoted in this tradition to understanding how managerial cognition affects the adaptive intelligence of organizations. Through an in-depth case study of the response of the Polaroid Corporation to the ongoin...
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作者：Steensma, HK; Lyles, MA
作者单位：University of Washington; University of Washington Seattle; Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要：In this study, we combine social exchange and knowledge-based perspectives to develop a general path model of IJV survival. We further refine our expectations by considering the transitional economic context of our study and the somewhat unique managerial values resulting from the legacy of Marxist ideology. Results from structural equation modeling suggest that an imbalance in the management control structure between the parents leads to parental conflict and an increased likelihood of IJV fa...
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作者：Chung, S; Singh, H; Lee, K
作者单位：University of Pennsylvania; Yonsei University; Seoul National University (SNU)
摘要：Using data on U.S. investment banking firms' syndication in underwriting corporate stock offerings during the 1980s, this study explores the factors that drive alliance formation between two specific firms. We compare resource complementarity, status similarity, and social capital as a basis of alliance formation. The findings indicate that the likelihood of investment banks' alliance formation is positively related to the complementarity of their capabilities, as well as their status similari...
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作者：Kale, P; Singh, H; Perlmutter, H
作者单位：University of Michigan System; University of Michigan; University of Pennsylvania
摘要：One of the main reasons that firms participate in alliances is to learn know-how and capabilities from their alliance partners. At the same time firms want to protect themselves from the opportunistic behavior of their partner to retain their own core proprietary assets. Most research has generally viewed the achievement of these objectives as mutually exclusive. In contrast, we provide empirical evidence using large-sample survey data to show that when firms build relational capital in conjun...
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作者：Kaufman, A; Wood, CH; Theyel, G
作者单位：University System Of New Hampshire; University of New Hampshire
摘要：This study uses frameworks from the strategic management and operations strategy literatures to explore the relationships among collaboration, technology, and innovation in small and medium-sized manufacturers. Statistical analysis of the responses of 200 New Hampshire manufacturing companies in four SIC code industries (fabricated metals, industrial equipment, electrical and electronic equipment, and instruments) leads to the development of a strategic supplier typology which is useful in exp...
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作者：Daily, CM; Certo, ST; Dalton, DR
作者单位：Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：Attention is increasingly focused on the potential individual career and firm-level benefits of international experience for upper level executives. This research examines the relationships between CEO international experience, CEO tenure, firm internationalization succession events, and corporate financial performance. Results indicate a significant interactive effect between CEO tenure and outside succession on CEO international experience. In addition to a relationship with CEO internationa...
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作者：O'Donnell, SW
作者单位：University of Delaware
摘要：In this study, two different theoretical perspectives are used to develop sets of hypotheses regarding the mechanisms used to manage foreign subsidiaries of multinational corporations. First, agency theory sen,es as the basis for a model that predicts the use of monitoring mechanisms and incentive compensation. Then, it is argued that these mechanisms are insufficient for managing subsidiaries characterized by high levels of intra-firm international interdependence, the management of which is ...
