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作者：Alcacer, Juan; Chauvin, Jasmina
作者单位：Harvard University; Georgetown University
摘要：Research Summary This paper examines the extent and determinants of internal agglomeration-the spatial clustering of establishments within firms. It introduces a novel methodology that benchmarks a firm's spatial footprint against that of comparable stand-alone firms, yielding a firm-level measure of internal agglomeration. Applied across sectors of the U.S. economy, the approach reveals that internal agglomeration is widespread but varies by industry and firm characteristics. It is more preva...
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作者：He, Tony L.
作者单位：Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark
摘要：Research SummaryThis study examines how corporate political influence in developed democracies is more likely to occur where visibility is lower, both in terms of the actors involved and of the points of influence in allocation processes. Using novel data on politically exposed persons across 28 European countries (2011-2017), I distinguish between elected and unelected political agents in shaping public procurement outcomes. Unelected agents, particularly aides, advisors, and administrative s...
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作者：Wang, Pengfei
作者单位：BI Norwegian Business School
摘要：Research SummaryPrior literature has long underscored the importance for market actors to establish clear identities. Extant studies mostly adopt a static view, assessing whether actors adhere to a specific prototype or membership. By stressing a dynamic perspective, we maintain that identities are in flux as actors constantly shift positions. Specifically, we emphasize that repositioning can induce identity ambiguity, undermining the accuracy of audience evaluation. Analyzing market repositio...
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作者：Doshi, Anil R.; Bell, J. Jason; Mirzayev, Emil; Vanneste, Bart S.
作者单位：University of London; University College London; University of Oxford
摘要：Research SummaryStrategic decisions are uncertain and often irreversible. Hence, predicting the value of alternatives is important for strategic decision making. We investigate the use of generative artificial intelligence (AI) in evaluating strategic alternatives using business models generated by AI (study 1) or submitted to a competition (study 2). Each study uses a sample of 60 business models and examines agreement in business model rankings made by large language models (LLMs) and those ...
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作者：Durand, Rodolphe; Munro-Clark, Harrison John
作者单位：Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary What is the most effective way to distribute organizational objectives across managers? While prior work suggests managers should each focus on a single objective, we draw on Barnard's original insights on corporate purpose to identify conditions when managers pursuing the full set of objectives is advantageous. Using a computational model, we find that moderate strategic diversity amongst managers enables practice sharing to generate sufficiently valuable distant search to of...
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作者：Coles, Ryan; Hiatt, Shon R.; Raines, Grady W.; Sine, Wesley D.
作者单位：University of Connecticut; University of Southern California; Cornell University
摘要：Research SummaryEntrepreneurs must navigate complex environmental shifts that significantly impact firm survival. In this paper, we investigate how different firm-level logics influence new venture survival in Jordan during changing social and economic conditions, such as a refugee influx. Our study reveals that these shifting environmental dynamics can differentially alter the performance outcomes of firms based on their internal logics that drive venture strategy. This dynamic relationship u...
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作者：Nava, Lucrezia; Chiapetti, Jorge; da Rocha, Rui Barbosa; Tampe, Maja
作者单位：University of Exeter; Universidade Estadual de Santa Cruz; Universidade Estadual de Santa Cruz; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要：Research SummaryResearch on organizational climate change adaptation has focused on high-income nations, neglecting vulnerable regions already facing severe climate impacts. This study addresses this gap by examining how decision-makers in vulnerable contexts respond to climate change, drawing on a unique panel dataset of over 3000 agricultural producers in Brazil. Using an abductive mixed-methods approach, we develop a framework that explains how, contrary to findings from high-income context...
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作者：Garg, Sam; Bingham, Christopher B.
作者单位：ESSEC Business School; University of North Carolina; University of North Carolina Chapel Hill
摘要：Research SummaryThis article explores how new venture leaders foster positive CEO-board relationships, a critical yet underdeveloped topic in governance research. We examine the ongoing interactions between first-time CEOs and their boards, focusing on the tension between boards' need for influence and transparency and CEOs' desire for autonomy and control. Introducing the concept of relationship cycles, we demonstrate how early interactions create virtuous or vibcious feedback loops that shap...
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作者：Srikanth, Kannan; Ungureanu, Tiberiu
作者单位：University System of Ohio; Ohio State University; University of North Carolina; Appalachian State University
摘要：Research SummaryThere is considerable debate about how firms should adapt to environmental dynamism. Theoretically, some scholars suggest that with increasing dynamism, firms should explore more, whereas others argue that firms should explore less. Empirical evidence remains mixed. We attempt to reconcile these mixed findings by (a) distinguishing between two facets of exploration-exploration propensity versus exploration breadth, and (b) recognizing that firms may make these two decisions usi...
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作者：Borchardt, Wayne G.; Lovallo, Dan P.; Samuelsson, Mikael; da Silva, Ayrton
作者单位：Universidade Nova de Lisboa; University of Sydney; University of Cape Town
摘要：Research Summary Overconfidence is widely known to influence firm decision-making. Yet there remains confusion regarding the concept because it comprises three key aspects: overplacement, overestimation, and overprecision. Using archival data, we employ a firm-level overconfidence construct to simultaneously analyze the impacts of both overestimation and overprecision. Based on proxies derived from management earnings guidance, overestimation has a sizeable, negative impact on firm performance...
