Strategic Management Journal

最新文章

• Ripple effects: How collaboration reduces social movement contention AI翻译
  作者：Odziemkowska, Kate; McDonnell, Mary-Hunter
  作者单位：University of Toronto; University of Pennsylvania
  摘要：Research SummaryResearch suggests firms can reduce stakeholder contention (e.g., lawsuits, protests) by collaborating with threatening stakeholders. We propose that by tapping into stakeholder networks and identities, collaborations also produce ripple effects beyond the firm's partner to attenuate contention from a broader set of stakeholders. Using variation in firms' and stakeholders' willingness to collaborate exogenous to contention to account for selection, our examination of contentious...
• The influence of media scrutiny on firms' strategic eschewal of lobbying AI翻译
  作者：Kim, Jinsil; Welbourne Eleazar, Miranda J.; Lee, Seung-Hyun
  作者单位：College of New Jersey; University of Iowa; University of Texas System; University of Texas Dallas
  摘要：Research SummaryLobbying allows firms to influence the government to potentially limit firms' costs during product recall crises. However, such lobbying can elicit scrutiny from the media if the lobbying gives the impression that firms wish to save costs at the expense of safety, thereby appearing hypocritical. We theorize that when faced with negative media coverage of product recalls or recall-related lobbying, firms strategically eschew lobbying to limit further media scrutiny and its assoc...
• Do corporations benefit from divesting to private equity acquirers? An empirical investigation AI翻译
  作者：Nary, Paul
  作者单位：University of Pennsylvania
  摘要：Research Summary: From the perspective of the divesting firm, do divestitures to private equity (PE) acquirers perform differently from divestitures to corporate acquirers? If so, why? This question-based, empirical study shows that on average, divestitures to PE acquirers correlate with lower divesting firms' shareholder returns than divestitures to corporate acquirers. The study explores whether these lower returns when divesting to PE acquirers are explained by the differences in PE acquire...
• Setting the tone to get their way: An attention-based approach to how narcissistic CEOs influence the board of directors to take more risk AI翻译
  作者：Tuggle, Christopher S.; Borgholthaus, Cameron J.; Harms, Peter D.; O'Brien, Jonathan P.
  作者单位：University of Central Arkansas; University of Wyoming; University of Alabama System; University of Alabama Tuscaloosa; University of Nebraska System; University of Nebraska Lincoln
  摘要：Research Summary Upper echelons research has generated insights into the organizational consequences of CEO narcissism. However, fewer studies have empirically attended to the mechanisms through which these consequences occur. Using the attention-based view, we introduce a process model examining how CEO narcissism is linked to corporate risk-taking through the board of director discussion tone of risk-taking during board meetings. We further note that narcissistic CEOs have an increased abili...
• Multimarket contact between partners and strategic alliance survival AI翻译
  作者：Ryan-Charleton, Tadhg; Galavan, Robert J.
  作者单位：Queens University Belfast; Maynooth University
  摘要：Research SummaryThe impact of multimarket contact (MMC) between partners on strategic alliance survival is unclear, even though recent studies have suggested that MMC increases the likelihood of alliance formation. Our study investigates this issue by integrating two mechanisms occurring between multimarket firms: mutual forbearance and technological resource imitation. We argue that MMC between partners deters opportunism in alliances via mutual forbearance, resulting in a positive effect on ...
• Heterogeneous adaptability: Learning, cash resources, and the fine-grained adjustment of misaligned governance AI翻译
  作者：Martin, Xavier; Cuypers, Ilya R. P.
  作者单位：Tilburg University; Singapore Management University; Tilburg University
  摘要：Research SummaryWhen can a firm make fine-grained adjustments to misaligned subsidiary governance? We examine whether and under what conditions a firm will adapt the equity stake it owns in a subsidiary, enabling improved alignment of the stake with the uncertainty in the local environment. We predict that the rate of adaptation of misaligned equity stakes depends on the experiential and vicarious learning from which the firm can draw, and that these learning effects are contingent on possessi...
• Disentangling audiences' reactions to creative content and creative packaging AI翻译
  作者：Orazi, Davide C.; Mannucci, Pier Vittorio
  作者单位：Monash University; Bocconi University; Bocconi University
  摘要：Research SummaryThis research addresses the tension of audiences often rejecting creative products despite creativity being foundational to organizational success. To better understand this issue, we take an abductive approach to disentangle the effects of creative content (how creative the core concept is) and creative packaging (how creatively the core concept is presented and visualized) while accounting for audiences' different expertise levels. Across two archival studies and a pre-regist...
• Introducing machine-learning-based data fusion methods for analyzing multimodal data: An application of measuring trustworthiness of microenterprises AI翻译
  作者：Luo, Xueming; Jia, Nan; Ouyang, Erya; Fang, Zheng
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Southern California; Sichuan University
  摘要：Research SummaryMultimodal data, comprising interdependent unstructured text, image, and audio data that collectively characterize the same source, with video being a prominent example, offer a wealth of information for strategy researchers. We emphasize the theoretical importance of capturing the interdependencies between different modalities when evaluating multimodal data. To automate the analysis of video data, we introduce advanced deep machine learning and data fusion methods that compre...
• Overcoming strategic persistence: Effects of multiple scenario analysis on strategic reorientation AI翻译
  作者：Healey, Mark P.; Hodgkinson, Gerard P.
  作者单位：University of Manchester; Alliance Manchester Business School; University of Manchester; Alliance Manchester Business School
  摘要：To thrive in an unpredictable world, managers must adapt their decision-making to changing events. However, a major impediment to adaptation is strategic persistence, that is, the tendency to stick with previously successful strategies. We examined whether multiple scenario analysis can help to overcome the dysfunctional effects of strategic persistence. In a laboratory study using a multi-round strategy simulation that required players to change strategies to succeed, we found that multiple s...
• Risky business: How standardization as coordination tool in ecosystems impacts firm-level uncertainty AI翻译
  作者：Toh, Puay Khoon; Pyun, Eugene
  作者单位：University of Texas System; University of Texas Austin; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
  摘要：Research SummaryCoordination challenges generate uncertainties in ecosystems. Past research suggests that standardization mitigates these challenges, reducing ecosystem-level uncertainty. But how does it affect firm-level uncertainty over value-appropriation? We examine heterogeneity in the latter effect. Using 1996-2010 data on standard-setting in Information and Communications Technology (ICT) ecosystems and a firm-level uncertainty measure based on stock option implied volatility, we demons...