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作者：Liu, Kun; Arthurs, Jonathan D.; Nam, Daeil; Mousa, Fariss-Terry
作者单位：Wayne State University; Oregon State University; Korea University; James Madison University
摘要：This paper examines the diffusion of information around the initial public offering (IPO) process and identifies transaction partners on which IPO firms are dependent. Using a resource payments perspective, we argue that this dependence will lead to greater cumulative abnormal stock returns for transaction partners when this information is revealed in the market (when the initial form S-1 is filed with the SEC). Moreover, we examine the uniqueness of the resource configuration between the IPO ...
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作者：Cook, Alison; Glass, Christy
作者单位：Utah System of Higher Education; Utah State University; Utah System of Higher Education; Utah State University
摘要：Using a dataset of all CEO transitions in Fortune 500 companies over a 15-year period, we analyze mechanisms that shape the promotion probabilities and leadership tenure of women and racial/ethnic minority CEOs. Consistent with the theory of the glass cliff, we find that occupational minorities-defined as white women and men and women of color-are more likely than white men to be promoted CEO of weakly performing firms. Though we find no significant differences in tenure length between occupat...
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作者：Tuschke, Anja; Sanders, W. M. Gerard; Hernandez, Exequiel
作者单位：University of Munich; Rice University; Washington University (WUSTL)
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作者：Henisz, Witold J.; Dorobantu, Sinziana; Nartey, Lite J.
作者单位：University of Pennsylvania; New York University; University of South Carolina System; University of South Carolina Columbia
摘要：We provide direct empirical evidence in support of instrumental stakeholder theory's argument that increasing stakeholder support enhances the financial valuation of a firm, holding constant the objective valuation of the physical assets under its control. We undertake this analysis using panel data on 26 gold mines owned by 19 publicly traded firms over the period 1993-2008. We code over 50,000 stakeholder events from media reports to develop an index of the degree of stakeholder conflict/coo...
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作者：Xia, Jun; Ma, Xufei; Lu, Jane W.; Yiu, Daphne W.
作者单位：University of Texas System; University of Texas Dallas; Chinese University of Hong Kong; National University of Singapore; University of Melbourne
摘要：This study examines and extends the resource dependence logic of diversification for a better understanding of outward foreign direct investment (OFDI) activities by emerging market firms. We contend that the diversification logic is bounded by state ownership, an important but less considered component of interdependence. Our empirical results, based on panel data analysis of Chinese listed firms, suggest that the level of interdependence between Chinese and foreign firms in China in multiple...
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作者：Foss, Nicolai J.; Hallberg, Niklas L.
作者单位：Copenhagen Business School; Norwegian School of Economics (NHH); Lund University
摘要：We develop the case for symmetrical assumptions in strategic management theory. Assumptional symmetry obtains when assumptions made about certain actors and their interactions in one of the application domains of a theory are also made about this set of actors and their interactions in other application domains of the theory. We argue that assumptional symmetry leads to theoretical advancement by promoting the development of theory with greater falsifiability and stronger ontological grounding...
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作者：Lipparini, Andrea; Lorenzoni, Gianni; Ferriani, Simone
作者单位：University of Bologna; City St Georges, University of London
摘要：We study 892 Italian motorcycle industry projects carried out via 184 different buyer-supplier and supplier-supplier relationships to provide evidence on the knowledge dynamics occurring in dyads and networks and to understand the underexplored but important (perhaps even dominant) leading role that some firms play in the evolution of networks and interfirm learning processes. We develop a multiphase model which, from a multilevel perspective addressing different relational subsets, suggests h...
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作者：Klingebiel, Ronald; Rammer, Christian
作者单位：University of Warwick; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW)
摘要：Our study demonstrates empirically that the choice of resource allocation strategy affects innovation performance. Allocating resources to a broader range of innovation projects increases new product sales, an effect that appears to outweigh that of resource intensity. In addition, we find that the performance benefit of breadth is higher for firms that allocate resources selectively at later stages of the innovation process. This breadth-selectiveness effect is greatest for firms intending to...
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作者：Sears, Joshua; Hoetker, Glenn
作者单位：University System of Georgia; Georgia State University; Arizona State University; Arizona State University-Tempe
摘要：The performance of technological acquisitions depends heavily on the overlap between the knowledge bases of the target and acquirer. We argue that overlap is best viewed as two distinct constructs: target overlap, the proportion of the target's knowledge base that the acquirer already possesses, and acquirer overlap, the proportion of the acquirer's knowledge base duplicated by the target. Each affects the value created from the firms' technological capabilities differently due to absorptive c...
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作者：Chatterji, Aaron K.; Fabrizio, Kira R.
作者单位：Duke University; Boston University
摘要：Prior research on corporate innovation highlights the importance of accessing external knowledge from other firms and universities. However, survey evidence indicates that product users are perhaps the most important source of external knowledge. We build on existing theory to identify the conditions under which user knowledge contributes to corporate innovation and when the benefits will be greatest. Using a panel dataset of medical device companies and their collaborative efforts with innova...
