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作者：Mannor, Michael J.; Shamsie, Jamal; Conlon, Donald E.
作者单位：University of Notre Dame; Michigan State University; Michigan State University's Broad College of Business
摘要：Research summary: Research on the resource-based view has begun to place more emphasis on the ability of managers to extract better performance from the resources that are available to them. In this paper, we show that prior experience can both help and hinder their ability to generate performance from various categories of resources. Further, we argue that the fungibility of each resource influences the opportunities managers have to use their experiences in order to find the best method to d...
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作者：Reus, Taco H.; Lamont, Bruce T.; Ellis, Kimberly M.
作者单位：Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; State University System of Florida; Florida State University; State University System of Florida; Florida Atlantic University
摘要：We consider a knowledge flow that dominates the international acquisition context but can actually harm foreign acquired firms' performance: non-location-specific knowledge transfer from acquirers to acquired firms (N-LSKT). Considering its behavioral consequences, we argue that such knowledge transfer often may destabilize existing power structures in foreign acquired firms prompting conflict and power struggles, and as a result negatively affects their performance. We find support for this a...
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作者：Adner, Ron; Kapoor, Rahul
作者单位：Dartmouth College; University of Pennsylvania
摘要：Why do some new technologies emerge and quickly supplant incumbent technologies while others take years or decades to take off? We explore this question by presenting a framework that considers both the focal competing technologies as well as the ecosystems in which they are embedded. Within our framework, each episode of technology transition is characterized by the ecosystem emergence challenge that confronts the new technology and the ecosystem extension opportunity that is available to the...
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作者：Chen, Guoli; Crossland, Craig; Huang, Sterling
作者单位：INSEAD Business School; University of Notre Dame; Singapore Management University
摘要：This study examines the impact of female board representation on firm-level strategic behavior within the domain of mergers and acquisitions (M&A). We build on social identity theory to predict that greater female representation on a firm's board will be negatively associated with both the number of acquisitions the firm engages in and, conditional on doing a deal, acquisition size. Using a comprehensive, multiyear sample of U.S. public firms, we find strong support for our hypotheses. We demo...
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作者：Feldman, Emilie R.
作者单位：University of Pennsylvania
摘要：Research summary: This article investigates how corporate spinoffs affect managerial compensation. These deals are found to improve the alignment of spinoff firm managers' incentive compensation with stock market performance, especially among spinoff firm managers that used to be divisional managers of the spun-off subsidiary, and particularly when the spun-off subsidiary performs better than or is unrelated to its parent firm's remaining businesses. By contrast, incentive alignment does not i...
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作者：Fonti, Fabio; Maoret, Massimo
作者单位：Universite de Rennes; ESC Rennes School of Business; University of Navarra; IESE Business School
摘要：Research summary: In this paper we adopt a core-periphery approach to specify the direct and indirect effects of social capital on organizational performance. We suggest that social capital deriving from stable task relationships between organizational members has a direct positive effect on organizational performance. Said effect depends, in both strength and functional form, on whether actors involved in stable dyads are located at the core or at the periphery of the organization. We also ar...
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作者：Kulchina, Elena
作者单位：Duke University
摘要：Research summary: Firms founded by foreign entrepreneurs constitute an influential and growing part of the world economy. Yet, the existing research has given little consideration to the strategies of foreign entrepreneurs beyond their decisions to start a firm. In this article, we address this gap by examining how foreign entrepreneurs may bring value to their firms as firm managers. We argue that foreign owner-managers may benefit their firms by having access to home-country resources. We de...
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作者：Stuart, Toby; Wang, Yanbo
作者单位：University of California System; University of California Berkeley
摘要：Research summary: We document the extent of fraudulent reporting among 467 private Chinese technology companies. Comparing the financial statements concurrently submitted to two different state agencies, we demonstrate a systematic gap in reported profit figures in the two sets of books. We find: (1) more than half the sampled companies report incentive-compatible, materially discrepant profit numbers to the two agencies; (2) politically connected companies are approximately 18 percent more li...
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作者：Mannor, Michael J.; Wowak, Adam J.; Bartkus, Viva Ona; Gomez-Mejia, Luis R.
作者单位：University of Notre Dame; University of Notre Dame; University of Notre Dame; University of Notre Dame
摘要：Research summary: Despite abundant anecdotal evidence that many top executives experience anxiety in their jobs, the upper echelons literature has remained largely silent on the organizational implications of executive job anxiety. In this study, we theorize that job anxiety will cause executives to (1) create a social buffer against threats by surrounding themselves with supportive decision-making teams, and (2) pursue lower-risk firm strategies. We further argue that these effects will vary ...
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作者：Singh, Harpreet; Kryscynski, David; Li, Xinxin; Gopal, Ram
作者单位：University of Texas System; University of Texas Dallas; Brigham Young University; University of Connecticut
摘要：Research summary: Innovation requires inventors to have both new knowledge and the ability to combine and configure knowledge (i.e., combinatory knowledge), and such knowledge may flow through networks. We argue that both combinatory knowledge and new knowledge are accessed through collaboration networks, but that inventors' abilities to access such knowledge depends on its location in the network. Combinatory knowledge transfers from direct contacts, but not easily from indirect contacts. In ...
