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作者：Shinkle, George A.; Kriauciunas, Aldas P.; Hundley, Greg
作者单位：University of New South Wales Sydney; Purdue University System; Purdue University; Purdue University System; Purdue University; Purdue University System; Purdue University
摘要：The strategy purity hypothesis argues firms will have better results pursuing a single, business-level strategy of either cost leadership or differentiation rather than a mix of both. Since this claim implicitly assumes a developed-economy context, we examine the efficacy of business strategies in transition economies. We find the benefits of a pure strategy are diminished when the institutional environment has a low degree of market orientation but are increased when the institutional environ...
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作者：Paroutis, Sotirios; Heracleous, Loizos
作者单位：University of Warwick
摘要：Despite decades of research on strategy, we still know little about what the concept of strategy means to actual strategists and how they use it in practice. Working at the intersections of institutional and practice theories, we use exploratory interviews with strategy directors and a longitudinal case study to uncover four dimensions of first-order strategy discourse: functional, contextual, identity, and metaphorical. We also reveal three phases in the interrelation between first-order stra...
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作者：Marquis, Christopher; Lee, Matthew
作者单位：Harvard University
摘要：We examine how organizational structure influences strategies over which corporate leaders have significant discretion. Corporate philanthropy is a strategic activity commonly managed through a specific, differentiated organizational structurethe corporate foundationthat formalizes and constrains the influence of individual senior managers and directors on corporate strategy. Our analysis of Fortune 500 firms from 1996 to 2006 shows that characteristics of senior management and directors affec...
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作者：Gaur, Ajai S.; Malhotra, Shavin; Zhu, Pengcheng
作者单位：Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark; Toronto Metropolitan University; University of the Pacific
摘要：To examine the impact of acquisition announcements on the stock market returns of rivals of the acquiring firms, we propose a growth probability hypothesis: when an acquisition is announced, it signals the potential for future growth in the acquirer's industry to the market, resulting in positive stock market reactions to rivals of the acquiring firms. We test the growth probability hypothesis with a longitudinal sample of Chinese domestic and cross-border acquisitions during 19932008. The res...
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作者：Shafique, Muhammad
作者单位：Maastricht University
摘要：Innovation is becoming increasingly popular as a concept as well as a field of research. As a field, it has accumulated a significant amount of scientific knowledge. Based on bibliometric data from four major social science disciplineseconomics, sociology, psychology, and managementthis study presents a global view of the field by combining longitudinal and structural perspectives. It identifies major research traditions in the field, determines the content and disciplinary composition of each...
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作者：Reuer, Jeffrey J.; Tong, Tony W.; Tyler, Beverly B.; Arino, Africa
作者单位：Purdue University System; Purdue University; University of Colorado System; University of Colorado Boulder; North Carolina State University; University of Navarra; IESE Business School
摘要：This study investigates how executives address information asymmetry and adverse selection surrounding international joint ventures (IJVs) and acquisitions. We argue that executives can address such exchange hazards not only through their governance decisions, as prior research indicates, but also through their selection of exchange partners. Our experimental design complements prior research on firms' governance choices in three ways: (1) by incorporating multiple potential exchange partners ...
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作者：Arregle, Jean-Luc; Miller, Toyah L.; Hitt, Michael A.; Beamish, Paul W.
作者单位：emlyon business school; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Texas A&M University System; Texas A&M University College Station; Mays Business School; Western University (University of Western Ontario); University Western Ontario Hospital
摘要：Traditional research suggests a relationship between country-level institutions and the location choices of MNEs. However, more recent theory suggests MNEs also focus on regions (semiglobalization). Therefore, this study examines institutional effects in the context of semiglobalization by considering the influences of three formal institutions (i.e., regulatory control, political democracy, capital investments) of countries and geographic regions on MNEs' location choices of internationalizat...
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作者：Sleptsov, Alexander; Anand, Jaideep; Vasudeva, Gurneeta
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University System of Ohio; Ohio State University; University of Minnesota System; University of Minnesota Twin Cities
摘要：Recognizing information-related problems in acquisition transactions, we study how the characteristics of acquiring firms' relationships with information brokers or intermediaries like investment banks affect firms' access to acquisition-related information, thus influencing expected acquisition performance. We propose that relational configurations that enhance the intermediaries' ability and willingness provide the most beneficial and appropriate information to acquiring firms. We find that ...
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作者：Barroso, Alicia; Giarratana, Marco S.
作者单位：Universidad Carlos III de Madrid; Bocconi University
摘要：In the Spanish automobile market between 1990 and 2000, significant reductions in tariff and nontariff protections increased the complexity of the product space, through the penetration of new car brands and models. Acknowledging these environmental dynamics, this study details conditions in which across-niche (product breadth or intraindustry diversification) and within-niche (product depth or versioning) product proliferation exerts a positive relationship on firm performance, as well as how...
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作者：Jia, Nan
作者单位：University of Southern California
摘要：This paper uses biform games to examine the endogenous decision to invest in relationship-specific assets. It addresses the questions of how competition affects suppliers' decisions to produce a general-purpose product or a relationship-specific product for a buyer and under what circumstances a governance arrangement designed to share investment costs between the transacting parties increases the investment in relationship-specific assets. We offer a balanced perspective that emphasizes both ...
