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作者：Holburn, Guy L. F.; Zelner, Bennet A.
作者单位：Duke University; Western University (University of Western Ontario)
摘要：Whereas conventional wisdom holds that multinational enterprises (MNEs) invest less in host countries that pose greater policy risk-the risk that a government will opportunistically alter policies to expropriate an investing firm's profits or assets-we argue that MNEs vary in their response to host-country policy risk as a result of differences in organizational capabilities for assessing such risk and managing the policy-making process. We hypothesize that firms from home countries characteri...
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作者：Reitzig, Markus; Wagner, Stefan
作者单位：University of London; London Business School; University of Munich
摘要：Drawing on patent data for approximately 500 firms over 20 years, we advance recent theory on firm boundaries and test these propositions for the first time. We first provide evidence for the existence of knowledge complementarities between vertically related activities in a firm's value chain by showing that firms face increasing (decreasing) performance in conducting downstream activities (i.e., patent litigation) the less (more) they outsource related upstream activities (i.e., patent filin...
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作者：Harrison, Jeffrey S.; Bosse, Douglas A.; Phillips, Robert A.
作者单位：University of Richmond
摘要：A firm that manages for stakeholders allocates more resources to satisfy the needs and demands of its legitimate stakeholders than would be necessary to simply retain their willful participation in the firm's productive activities. We explain why this sort of behavior unlocks additional potential for value creation, as well as the conditions that either facilitate or disrupt the value-creation process. Firms that managed for stakeholders develop trusting relationships with them based on princi...
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作者：Cuervo-Cazurra, Alvaro; Un, C. Annique
作者单位：University of South Carolina System; University of South Carolina Columbia
摘要：In this paper we study the frequency of formal R&D investments. We link real options theory to the knowledge-based view to explain how a firm's knowledge resources influence its frequency of investing in R&D to establish technological options. Specifically, we propose that a firm that lacks internal knowledge resources is more likely to never invest in R&D, a firm that has both internal and external knowledge resources is more likely to sometimes invest in R&D, while a firm that has internal k...
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作者：Makri, Marianna; Hitt, Michael A.; Lane, Peter J.
作者单位：University of Miami; Texas A&M University System; Texas A&M University College Station; Mays Business School; University System Of New Hampshire; University of New Hampshire
摘要：Prior research on M&As and invention outcomes has not systematically examined the influence of two types of knowledge differences. Knowledge relatedness has typically been equated with knowledge similarity and the separate influence of knowledge complementarily has been overlooked. Similarly, studies examining innovation outcomes of M&As have typically focused on the role of technological knowledge and overlooked the influence of scientific knowledge. We develop a model of relatedness and inve...
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作者：Wowak, Adam J.; Hambrick, Donald C.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：A wealth of research indicates that both executive characteristics and incentive compensation affect organizational outcomes, but the literatures within these two domains have fib wed distinct, separate paths. Our paper provides a framework for integrating these two perspectives. We introduce a new model that specifies how executive characteristics and incentives operate in tandem to influence strategic decisions and firm performance. We then illustrate our model by portraying how executive ch...
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作者：Surroca, Jordi; Tribo, Josep A.; Waddock, Sandra
作者单位：Universidad Carlos III de Madrid; Boston College
摘要：This paper examines the effects of a firm's intangible resources in mediating the relationship between corporate responsibility and financial performance. We hypothesize that previous empirical findings of a positive relationship between social and financial performance may be spurious because the researchers failed to account for the mediating effects of intangible resources. Our results indicate that there is no direct relationship between corporate responsibility and financial performance m...
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作者：Chatterji, Aaron K.; Toffel, Michael W.
作者单位：Harvard University; Duke University
摘要：While many rating systems seek to help buyers overcome information asymmetries when making purchasing decisions, we investigate how these ratings also influence the companies being rated. We hypothesize that ratings are particularly likely to spur responses from firms that receive poor ratings, and especially those that face lower-cost opportunities to improve or that anticipate greater benefits from doing do. We test our hypotheses in the context of corporate environmental ratings that guide ...
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作者：Jiang, Ruihua Joy; Tao, Qingjiu Tom; Santoro, Michael D.
作者单位：Lehigh University; Oakland University; James Madison University
摘要：In this paper, we offer a comprehensive alliance portfolio diversity construct that includes partner, functional, and governance diversity. Grounding our work primarily with the resource- and dynamic capabilities-based views, we argue that increased diversity in partners' industry, organizational, and national background will incur added complexity and coordination costs but will provide broadened resource and learning benefits. Increased functional diversity results in a more balanced portfol...
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作者：Bautista Delgado-Garcia, Juan; Manuel De la Fuente-Sabate, Juan
作者单位：Universidad de Burgos
摘要：Research on how managers influence firm outcomes has generated promising explanations of differences in organizational strategies and performance within a given industry, but has largely ignored the role of emotions in shaping managers' strategic choices. This article analyzes the influence of the affective traits of CEOs-their long-term tendency to experience positive or negative moods or emotions on strategy and performance conformity in a sample of Spanish banks and savings banks. Our resul...
