-
作者:Moschieri, Caterina
作者单位:Universidade Catolica Portuguesa
摘要:Existing literature on value creation of divestitures focuses on their antecedents, typically relating them to the parent company's financial performance. Whether and how divestitures can create value for the divested unit remains unclear. This paper presents an exploratory study based on multiple cases, to examine which factors of the implementation and structuring of a divestiture may increase the performance of a divested unit. The emergent granular framework consists of previously unreport...
-
作者:Carmeli, Abraham; Markman, Gideon D.
作者单位:Bar Ilan University; Colorado State University System; Colorado State University Fort Collins
摘要:Organizational resilience is a subject of great interest to management and strategy scholars. Drawing on over 1,000 years of historical data on the Republic of Rome, and focusing primarily on the period of its establishment (509 BC-338 BC), we identify two generic strategies, capture and governance, that together are essential for organizational resilience. Capture strategy relates to market expansions, while governance strategy refers to the capacity of an organization to assimilate, retain, ...
-
作者:Powell, Thomas C.; Lovallo, Dan; Fox, Craig R.
作者单位:University of Oxford; University of Oxford; University of Sydney; University of California System; University of California Los Angeles
摘要:Behavioral strategy merges cognitive and social psychology with strategic management theory and practice. Despite much progress, the aims and boundaries of behavioral strategy remain unclear. In this paper we define behavioral strategy and identify the main unsolved problems. We propose a unifying conceptual framework for behavioral strategy and conclude by introducing the papers of the Special Issue on the Psychological Foundations of Strategic Management. Copyright (C) 2011 John Wiley & Sons...
-
作者:Bradley, Steven W.; Aldrich, Howard; Shepherd, Dean A.; Wiklund, Johan
作者单位:Baylor University; University of North Carolina; University of North Carolina Chapel Hill; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Syracuse University; Jonkoping University
摘要:Using an evolutionary model and a sample of 7,166 firms in the manufacturing and technology sectors of Sweden, we find that surviving organizations founded independent of a parent organization have lower long-term failure rates than their protected subsidiary counterparts. Specifically, we find that subsidiary organizations have low mortality rates when compared to independent organizations, but that their mortality rates increase more rapidly during a severe economic downturn. We also find ev...
-
作者:Nadkarni, Sucheta; Herrmann, Pol; Perez, Pedro David
作者单位:Drexel University; Iowa State University; Cornell University
摘要:We develop and test a sensemaking model of early internationalization that ties domestic mindsets to international industry conditions and early international performance. Our central contention is that the fit between international industry conditions and domestic mindsets will lead to superior early international performance. We test this contention with a sample of 178 large and established domestic firms from 20 industries. Our results highlight the role of domestic mindsets in the early p...
-
作者:Bloom, Nick; Kretschmer, Tobias; Van Reenen, John
作者单位:University of Munich; Stanford University; University of London; London School Economics & Political Science
摘要:We study the determinants and consequences of family-friendly workplace practices (FFWP) using a sample of over 450 manufacturing firms in Germany, France, U.K., and U.S. We find a positive correlation between firm productivity and FFWP. This association disappears, however, once we control for a measure of the quality of management practices. We further find that firms with a higher proportion of female managers and more skilled workers, as well as well-managed firms, tend to implement more F...
-
作者:Bingham, Christopher B.; Eisenhardt, Kathleen M.
作者单位:University of North Carolina; University of North Carolina Chapel Hill; Stanford University
摘要:While much research indicates that organizational processes are learned from experiences, surprisingly little is known about what is actually learned. Using a novel method to measure explicit learning, we track the learned content of six technology-based ventures from three diverse countries as they internationalize. The emergent theoretical framework indicates that firms learn heuristics. These heuristics have a common structure centered on opportunity capture and are learned in a specific de...
-
作者:Aggarwal, Vikas A.; Siggelkow, Nicolaj; Singh, Harbir
作者单位:INSEAD Business School; University of Pennsylvania
摘要:We examine the performance implications of selecting alternate modes of governance in interorganizational alliance relationships. While managers can choose from a range of modes to govern alliances, prior empirical evidence offers limited guidance on the performance impact of this choice. We use an agent-based simulation of interfirm decision making to complement empirical studies in this area. Our results point to a complex interplay between interdependencies, governance structures, and firms...
-
作者:Ndofor, Hermann Achidi; Sirmon, David G.; He, Xiaoming
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Beijing Jiaotong University
摘要:Building on the resource-based view (RBV) and competitive dynamics literatures, this paper proposes that considering resources or actions independently offers an incomplete understanding of the drivers of superior performance. Instead, we hypothesize that resources enable competitive actions and that when these actions leverage the firm's resources, superior performance results. We tested these hypotheses with panelized data on the technological resources and competitive actions of firms in th...
-
作者:Oh, Chang Hoon; Oetzel, Jennifer
作者单位:American University; Brock University
摘要:We investigate the response of multinational corporations (MNCs) to major disasters at the subsidiary level. We examine the type and severity of the disaster and whether and how country governance moderates the relationship between exogenous disaster risk and subsidiary investment. We test our hypotheses with a panel dataset of 71 large European MNCs and their subsidiaries (2001-2006) with 31,285 total observations. Findings suggest that the number of a firm's foreign subsidiaries is likely to...