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作者：Kovacs, Balazs; Sels, Tim
作者单位：Yale University; University of California System; University of California Berkeley
摘要：Research Summary We examine political affiliation's role in venture team formation and success. Using data from Crunchbase and L2 on 1125 US-based startups, we investigate political homophily in team assembly and its association with startup outcomes. Our analysis reveals strong political homogeneity in founding teams: teams with similar political views form more frequently than diverse teams, even after controlling for founders' gender, age, location, and industry. This political homophily re...
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作者：Jeong, Seung-Hwan; Kang, Saehee; Byron, Kris
作者单位：University System of Georgia; University of Georgia; State University System of Florida; Florida State University; University System of Georgia; Georgia State University
摘要：Research Summary Scholars have found that female representation in strategic leadership is often positively associated with firm performance, though the underlying mechanisms remain unclear. Prior explanations emphasize top-down effects, considering how female leaders shape strategic decision-making or influence legitimacy. We propose a complementary, bottom-up view: female top managers foster employee participation, which is positively associated with firm performance. Using a unique panel da...
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作者：An, Charlie B.; Wang, Shixiang; Zhao, Minyuan
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Shanghai University of Finance & Economics; Washington University (WUSTL)
摘要：Research Summary Firms asserting their patents globally face a dilemma: a legal verdict is binding only in the country of litigation, and yet litigating country by country is prohibitively expensive. Thus, firms have to be strategic in deciding where to sue. In this paper, we argue that global patent litigation is not only about winning a case, but also about making a case, that is, leveraging litigation in one country to shape expectations on litigation outcomes elsewhere. Our analyses on pat...
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作者：Putra, Fathiro H. R.; Khanagha, Saeed; Pandza, Krsto; Suarez, Fernando F.
作者单位：Institute Technology of Bandung; Vrije Universiteit Amsterdam; University of Leeds; Northeastern University
摘要：Research Summary We examine how an incumbent firm navigates internal and external uncertainties when entering a nascent platform ecosystem. Drawing on a longitudinal study of a large telecommunication firm's transition into an evolving IoT ecosystem, we advance a cognitive perspective on platform strategy. We explain how managers' cognitive frames shape platform scope decisions based on shifting assumptions and interpretations of ecosystem dynamics and internal capabilities. Our process model ...
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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：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...
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作者：Kim, J. Daniel; Choi, Joonkyu; Goldschlag, Nathan; Haltiwanger, John C.
作者单位：University of Pennsylvania; Federal Reserve System - USA; Federal Reserve System Board of Governors; University System of Maryland; University of Maryland College Park
摘要：Research Summary Using administrative data from the US Census Bureau, we introduce a new public-use dataset (Business Dynamics Statistics-High Growth [BDS-HG]) that captures the full distribution of firm growth in the United States between 1978 and 2021. BDS-HG enables researchers to analyze not only high-growth firms but also stagnant and shrinking firms, disaggregated by firm maturity, size, industry, region, and year. We begin by documenting two key trends: (1) a significant decline in the ...
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作者：Bu, Juan; Genin, Aurora
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要：Research Summary This study investigates an under-explored cost of operating in pollution havens: the pollution-induced operational cost, or the increased labor costs and material supply constraints resulting from host countries' environmental pollution. Environmental degradation can thus turn pollution havens, where lax compliance beckons institutional arbitrage and attracts investments from foreign firms, into gates of hell, where ecological damage heightens the costs for business operations...
