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作者：Oxley, Joanne; Pandher, Gurupdesh
作者单位：University of Toronto; University of Windsor
摘要：Research summary: This paper examines the role of equity-based incentives in fostering cross-business-unit collaboration in multibusiness firms. We develop a formal agency model in which headquarters offers equity and profit incentives to business-unit managers with the objective of maximizing total expected firm returns. The resulting compensation contract provides a rich mechanism for aggregating value from collaborative interactions across business units, aligning managers' efforts with the...
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作者：Lungeanu, Razvan; Stern, Ithai; Zajac, Edward J.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Northwestern University
摘要：This paper examines the adjustments firms make to the composition of their portfolios of technology-sourcing vehicles (i.e., alliance, acquisition, or go-it-alone) in response to poor innovative performance. We advance a behavioral perspective on the make/buy/ally question, suggesting that differences in financial slack will generate different portfolio decisions. Specifically, we posit that firms with greater levels of financial slack are more likely to respond to poor innovative performance ...
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作者：Maslach, David
作者单位：State University System of Florida; Florida State University
摘要：Organizations learn by reinforcing past actions. When firms experience actions with negative outcomes, they change in response. Any persistence with such actions is said to be suboptimal, attributable to factors such as threat rigidities. This paper theorizes that persistence may sometimes be rational, attributable to the characteristics of feedback. It uses a novel dataset of medical devices to show how organizations learn to search for future novel or incremental innovations based on failure...
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作者：Braguinsky, Serguey; Hounshell, David A.
作者单位：University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland College Park; University of Osaka; University of Osaka; Carnegie Mellon University
摘要：This paper uses nanoeconomics and historical methodology to advance strategic management research, focusing on the coevolution of firms and industry. We demonstrate the power of these methods through a study of Meiji Era Japanese cotton spinning industry from its state-supported founding through its development into a sustained, globally competitive presence. We shed light on the role of superior human and organizational capabilities of industry leaders. In particular, we demonstrate that thes...
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作者：Zhao, Xiaoping; Murrell, Audrey J.
作者单位：Shanghai Jiao Tong University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：Research summary: In this study, we revisit the relationship between corporate social performance (CSP) and corporate financial performance (CFP) by conducting a replication of Waddock and Graves (1997). Using 1990 KLD ratings as the CSP measure, the original study reports a positive bidirectional relationship between CSP and CFP. However, our replication analyses with a larger sample over a longer time period indicate that the findings of the original study may not be generalizable to differe...
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作者：Iriyama, Akie; Kishore, Rajiv; Talukdar, Debabrata
作者单位：Waseda University; State University of New York (SUNY) System; University at Buffalo, SUNY
摘要：Research summary: We examine why a firm takes specific competitive action in nonmarket and resource-market spaces, particularly when it perceives threats from informal and foreign competitor groups, respectively. We address this question by combining insights from competitive rivalry, strategic groups, and nonmarket strategy literatures in an emerging economy context. Specifically, we theorize how threats from informal and foreign rival firms in an emerging market influence a firm's engagement...
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作者：Bettis, Richard A.; Ethiraj, Sendil; Gambardella, Alfonso; Helfat, Constance; Mitchell, Will
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of London; London Business School; Bocconi University; Dartmouth College; University of Toronto; Duke University
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作者：Surroca, Jordi; Prior, Diego; Tribo Gine, Josep A.
作者单位：Universidad Carlos III de Madrid; Autonomous University of Barcelona
摘要：In this study, we examine the existence and performance of cognitive groups. In accordance with the attention-based view of managerial cognition, cognitive groups are defined as groups of firms in which the CEOs focus their attention on similar strategic elements when seeking to maximize their firm's competitive advantage. We developed a panel data extension of the original Data Envelopment Analysis to gauge CEOs' focus of attention and then clustered firms into groups. We compared our approac...
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作者：Chadwick, Clint; Guthrie, James P.; Xing, Xuejing
作者单位：University of Kansas; University of Alabama System; University of Alabama Huntsville
摘要：Research summary: This article replicates and extends Welbourne and Cyr's (1999) pioneering study of the relationship between the presence of human resource executives (HREs) and firm performance in initial public offering (IPO) firms. We employ a larger, more generalizable sample, a model better fitted to the IPO context, and alternative performance measures to execute a more robust examination of this relationship. Using Welbourne and Cyr's model specifications, our results parallel theirs: ...
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作者：Lee, Jeho; Song, Jaeyong; Yang, Jae-Suk
作者单位：Seoul National University (SNU); Columbia University
摘要：Research summary: The literature on network effects has implicitly assumed that an increase in the size of the installed base magnifies network effects, which is a source of incumbency advantage. We argue that the overemphasis on this relationship has resulted in controversy and confusion in the literature, where the role of social networks remains largely unaddressed. By developing computational models of network effects with various network structures, we show that social distance in a custo...
