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作者：Hsu, David H.; Ziedonis, Rosemarie H.
作者单位：University of Pennsylvania; University of Oregon
摘要：Why and how do resources provide sources of competitive advantage? This study sheds new light on this central question of resource-based theory by allowing a single resourceentrepreneurial-firm patentsto play distinctive roles in different competitive arenas. As rights to exclude others, patents serve a well-known role as legal safeguards in product markets. As quality signals, patents also could improve access and the terms of trade in factor input markets. Based on the financing activities o...
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作者：Hutzschenreuter, Thomas; Horstkotte, Julian
作者单位：WHU - Otto Beisheim School of Management
摘要：Expanding into new product areas is an important part of the growth strategy of many firms, but there is still more to learn about how it affects firm performance. We believe that as the top management team (TMT) is responsible for coordinating product expansion, looking there can yield valuable clues. We argue that diversification entails significant additional information processing and that this strains top managerial resources. We hypothesize that task-related faultlines within the TMT may...
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作者：Nielsen, Bo Bernhard; Nielsen, Sabina
作者单位：Copenhagen Business School; University of Technology Sydney; Copenhagen Business School
摘要：This research reexamines the equivocal relationship between top management team (TMT) diversity and firm performance. Combining upper echelons theory with insights from institutional theory, we establish a new, timely dimension of TMT diversitynationality diversityand develop an integrated multilevel framework explaining how its performance implications vary across contextual settings. We find that nationality diversity is positively related to performance; and this effect is stronger in (a) l...
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作者：Dixon-Fowler, Heather R.; Ellstrand, Alan E.; Johnson, Jonathan L.
作者单位：University of North Carolina; Appalachian State University; University of Arkansas System; University of Arkansas Fayetteville
摘要：We predict that the media reports on female CEOs as a coherent group, whereas male CEOs are treated as individuals by the media. We also suggest that the resulting investors' perceptions of group entitativity of female-led firms may not only influence the succession event-performance relationship at the focal firm, but may also have a significant effect on the value of other female-led companies. Results of a text analysis and an event study of appointments of female CEOs to Fortune 1000 firms...
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作者：Weigelt, Carmen; Miller, Douglas J.
作者单位：Tulane University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Knowledge issues are central to governance choice. Organization structure influences knowledge flows and costs of knowledge creation and exchange inside the firm. Yet the question of how a firm's internal structure affects its governance choice for new activities has received scant empirical attention. We examine the role of internal structure, specifically unit autonomy and lateral coordination, in a firm's governance decision for new, knowledge-intensive activities. The findings show that in...
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作者：Li, Yong; Chi, Tailan
作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY; University of Kansas
摘要：When does a venture capital firm withdraw from an investment project prior to its completion? This study offers a real options view on this decision by examining the contingent effects of portfolio configuration. We explore how project withdrawal can be influenced by two distinct dimensions of portfolio configuration, portfolio focus in a strategic domain and portfolio diversity across multiple domains. The empirical analysis shows that while portfolio focus weakens the negative effect of indu...
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作者：Kim, Eun-Hee
作者单位：George Washington University
摘要：Integrating elements from industrial organization economics and the resource-based viewcoupled with path dependence as firm resources evolve over time, this paper suggests that deregulation may not always provide greater opportunities for incumbents, and the extent to which incumbents differentiate on the green dimension may be constrained by their prior resources, in particular, capabilities with respect to brown technologies and experiences with green technologies. Using data on U.S. investo...
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作者：Chung, Chi-Nien; Luo, Xiaowei Rose
作者单位：National University of Singapore; INSEAD Business School
摘要：We examine how leadership transition affects firm performance in emerging economies. Building upon the social embeddedness and neo-institutional perspectives, we argue for the importance of alignment between successor origin and social context for firm performance. We suggest that as a baseline outside successors enhance firm profitability because of the large-scale and rapid changes in emerging markets. However, this outsider premium is reduced in firms embedded in family and business group r...
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作者：Jayachandran, Satish; Kalaignanam, Kartik; Eilert, Meike
作者单位：University of South Carolina System; University of South Carolina Columbia; University of Nebraska System; University of Nebraska Lincoln
摘要：Corporate social performance (CSP) consists of actions in different domains that vary in the information they provide stakeholders, and hence, in their effect on firm performance. To demonstrate this, the authors examine the impact of CSP on firm performance in two areas-the product and the environment, referred to as product social performance (PSP) and environmental social performance (ESP), respectively. PSP has a stronger positive impact on firm performance compared to ESP. The findings us...
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作者：Graffin, Scott D.; Boivie, Steven; Carpenter, Mason A.
作者单位：University System of Georgia; University of Georgia; University of Arizona; University of Wisconsin System; University of Wisconsin Madison
摘要：This study develops and tests predictions regarding factors that influence early-stage CEO evaluation. We suggest that contextual elements of the CEO succession process will influence the heuristics that directors employ to aid in their early evaluation of a CEO because traditional performance metrics, such as firm performance, are less diagnostic of CEO quality in the first years of their tenure. Broad empirical support for our theoretical arguments is shown in a sample of Fortune 1000 firms....
