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作者:Albert, Daniel; Ganco, Martin
作者单位:Drexel University; University of Wisconsin System; University of Wisconsin Madison
摘要:Research Summary Modular systems play a central role in technological innovation. Such systems emerge when interdependencies among modules in a complex system are isolated through interfaces. While early seminal work highlighted the importance of interface design, subsequent research on modularity has largely overlooked it. We develop a model that treats interfaces as a set of design choices, separate from module choices. This model elucidates the mechanisms through which interface design infl...
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作者:Diestre, Luis; Barber, Benjamin
摘要:Research Summary This study examines how product shortages among legal firms create competitive opportunities for illegal firms. We analyze 713 drug shortages in the United States between 2017 and 2023 and show that shortages substantially increase illicit pharmacies' sales of affected drugs, which rise by 40.5% during shortages and remain 32.8% higher in the six months after shortages are resolved. The effects are strongest for drugs treating chronic conditions, drugs with fewer substitutes, ...
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作者:Triebel, Steffen; Brennecke, Julia; Weber, Christiana
作者单位:Aarhus University; University of Exeter; Carl von Ossietzky Universitat Oldenburg; University of Liverpool; Leibniz University Hannover
摘要:Research Summary Studies on board interlock networks are divided into two streams, one examining their dynamics; the other, their consequences. We propose that both phenomena-board interlock dynamics and consequences-are interdependent. Applying structuration theory, we explain and empirically demonstrate how firms' corporate strategic actions (specifically, acquisitions and divestitures) influence the creation and dissolution of different types of board interlock network ties and how these in...
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作者:Yang, Bo
作者单位:University of Hong Kong
摘要:Research Summary This study investigates how firms engage in information-seeking lobbying to address trade policy uncertainty. I argue that lobbying enables firms to gain early insights into forthcoming tariff actions, allowing them to strategically stockpile products likely to be targeted. Using shipping records of US firms during the 2018 US-China trade war, I find that lobbying firms increased imports of soon-to-be-tariffed products before tariff lists were publicly released, compared to no...
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作者:Hou, Young; Poliquin, Christopher
作者单位:University of Virginia; University of California System; University of California Los Angeles
摘要:Research Summary Firms' and executives' stances on controversial issues affect consumer behavior. This political consumerism might be motivated by ideology and a desire to signal to peers, and thus vary for private and public purchases. We conduct an experiment with 1198 consumers to study how purchase visibility affects responses to CEO activism. Participants are randomly shown either generic product information or that plus a CEO statement supporting gun rights. They then choose between rece...
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作者:Pillai, Sandeep Devanatha; Goldfarb, Brent; Kirsch, David A.; Kim, Seojin; Starr, Evan
作者单位:Tulane University; University System of Maryland; University of Maryland College Park; Drexel University
摘要:Research Summary Though scholars employ abduction, there is no agreed-upon structure to reporting their findings. Moreover, the traditional hypo-deductive reasoning structure does not align with the epistemology of abduction. We propose an abductive testimonial structure, termed PEEBI, which consists of five sections in which the authors take prior knowledge and theories, establish the context and observations that are worthy of interest, identify and evaluate candidate explanations for the ob...
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作者:Sakhartov, Arkadiy V.; Helfat, Constance E.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; Dartmouth College
摘要:Research Summary Although multi-business firms can benefit from resource redeployment, we know little about the effects of alternative organizational arrangements on profits. This study examines a critical organizational choice, namely the centralization or decentralization of decision making. A formal model demonstrates that in the presence of business unit agency costs and costs of centralization, the profits from centralization versus decentralization depend not only on business relatedness...
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作者:Majzoubi, Majid; Murray, Alex; Mayew, William J.
作者单位:York University - Canada; University of Oregon; Duke University
摘要:Research Summary CEO promises are powerful but understudied communication tools. We develop a dual-mechanism framework theorizing that while CEO promises elevate stakeholder expectations, they simultaneously constrain strategic flexibility. We argue that CEO promise-making is shaped by two competing pressures: making more promises when the need to manage expectations upward is heightened and fewer promises when the need to preserve flexibility is increased. Further, we predict that under heigh...
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作者:Lane, Jacqueline N.; Szajnfarber, Zoe; Crusan, Jason; Menietti, Michael
作者单位:Harvard University; George Washington University; Harvard University
摘要:Research Summary Organizations often struggle to identify promising innovations that balance novelty and feasibility in multidisciplinary domains, yet how does evaluator expertise heterogeneity shape these assessments? This study examines how evaluator expertise influences innovation evaluation through a field experiment with National Aeronautics and Space Administration's (NASA) Astrobee Robotic Arm Challenge, involving 354 evaluators assessing 101 solutions. Domain-spanning evaluators assign...
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作者:Langan, Robert
作者单位:Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要:Research Summary Interim CEO appointments are disruptive and costly to firms. Boards justify them as necessary to find the right permanent successor. But what happens if that successor performs poorly? This paper argues that directors may be reluctant to remove a poorly performing successor to an interim CEO early in their tenure. It posits that this may be owing to directors' concerns for their own reputations or for the firm. Results demonstrate that successors to interim CEOs are considerab...