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作者：Kang, Min-Ping; Mahoney, Joseph T.; Tan, Danchi
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Shih Hsin University; National Chengchi University
摘要：This study examines why and under what conditions firms will make unilateral relationship-specific investments to their transaction partners. We propose that firms are more likely to make such investments when the investment yields positive economic spillover values for other transactions with the same exchange partners as well as for third-party transactions. We also model two types of positive inter-project spillover effects that a transaction may generate: knowledge spillovers and reputatio...
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作者：Bodolica, Virginia; Spraggon, Martin
作者单位：American University of Sharjah
摘要：This study investigates how the implementation of special attributes of CEO compensation contracts is determined by both the acquisition and the acquirer features for a set of M&A deals undertaken 41, Canadian acquiring firms. Our findings reveal that when agency problems are higher, manifested by larger control premiums and poor firm performance, boards of directors tend to implement stronger mechanisms of incentive alignment around M&A transactions. Relying on multiple interdisciplinary logi...
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作者：Ng, Desmond; Westgren, Randall; Sonka, Steven
作者单位：Texas A&M University System; Texas A&M University College Station; University of Illinois System; University of Illinois Urbana-Champaign; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Unlike institutional or macro-cultural explanations of competition, competition need not be viewed as a shared social reality. Instead, competition can be interpreted differently by multiple stakeholders of a value chain. However, clue to managerial blind spots, such various interpretations of competition are less than apparent to management. Yet e,,explanations of such blind spots are not well documented. Hence, to explain such blind spots, a conceptual model based oil overconfidence biases i...
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作者：Ahuja, Gautam; Polidoro, Francisco, Jr.; Mitchell, Will
作者单位：University of Michigan System; University of Michigan; University of Texas System; University of Texas Austin; Duke University
摘要：Recent research shows that preexisting network structure constrains the formation of new interorganizational alliances. Firms that are poorly embedded in a network structure are less likely than richly embedded firms to form alliances, because they lack informational and reputational benefits. This study examines the types of ties that poor), embedded firms can form to overcome the constraints that their structural positions impose, in turn helping to explain how firms' actions can transform e...
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作者：Capron, Laurence; Guillen, Mauro F.
作者单位：INSEAD Business School; University of Pennsylvania
摘要：We examine the characteristics of national systems of corporate governance to theorize about the nature of the shareholders' and employees' interests when it comes to reorganization, under the assumption that the firm is coalitional in nature. We argue that corporate governance institutions prevalent in both the host and the target country of the merging firms enable or constrain the ability of the acquirer to reorganize the target. Using a cross-national dataset of corporate acquisitions and ...
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作者：Schilling, Melissa A.
作者单位：New York University
摘要：A considerable body of research utilizes large alliance databases (e.g., SDC, MERIT-CATI, CORE, RECAP, and BIOSCAN) to study interorganizational relationships. Understanding the strengths and limitations of these databases is crucial for informing database selection and research design. In this study I conduct an analysis of five prominent alliance databases. Focusing on technology alliances (those,formed for the purposes of joint research or cross-technology transfer), I examine the databases...
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作者：Meyer, Klaus E.; Estrin, Saul; Bhaumik, Sumon Kumar; Peng, Mike W.
作者单位：University of Bath; University of London; London School Economics & Political Science; Brunel University; University of Texas System; University of Texas Dallas
摘要：We investigate the impact of market-supporting institutions on business strategies by analyzing the entry strategies of foreign investors entering emerging economies. We apply and advance the institution-based view of strategy by integrating it with resource-based considerations. In particular, we show how resource-seeking strategies are pursued using different entry modes in different institutional contexts. Alternative modes of entry-greenfield, acquisition, and joint venture (JV)-allow firm...
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作者：Zhao, Zheng Jane; Anand, Jaideep
作者单位：University of Kansas; University System of Ohio; Ohio State University
摘要：We adopt a multilevel perspective to study the transfer of collective and individual knowledge. By making a clear theoretical distinction between collective and individual attributes in concepts such as knowledge, teaching approach, and absorptive capacity, this study extends the knowledge transfer literature and provides fresh insights into the ways in which collective and individual knowledge are transferred. Based on a survey of the capability transfer activities of 161 engineering units of...
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作者：Wan, William P.; Yiu, Daphne W.
作者单位：Texas Tech University System; Texas Tech University; Chinese University of Hong Kong
摘要：This study incorporates the external environmental context into the study of corporate acquisitions by examining the performance implications of corporate acquisitions during an environmental jolt that alters the levels of environmental munificence. We posit that compared to the periods before and after an environmental jolt, corporate acquisitions during a jolt would be positively related to firm performance. Furthermore, we suggest that organizational slack would improve firm performance and...
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作者：Zhang, Yan; Wiersema, Margarethe F.
作者单位：Rice University; University of California System; University of California Irvine
摘要：As a direct result of the corporate scandals that started with Enron and led to general unrest in the financial markets, the Securities and Exchange Commission required chief executive officers (CEOs) and chief financial officers of large publicly traded companies to certify their financial statements. Using market signaling theory, we propose that attributes of the CEO send important signals to the investment community as to the credibility of the CEO certification and thus the qualify of the...
