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作者：Johnson, JL; Ellstrand, AE; Dalton, DR; Dalton, CM
作者单位：University of Arkansas System; University of Arkansas Fayetteville; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：This study examines the impact that the publication of ratings of boards of directors by the business press has on stockholder wealth. We report findings from an event study of price reactions to the publication of Business Week's 1996 and 1997 ratings of boards of directors of U.S. corporations. As hypothesized, favorable ratings resulted in significant positive abnormal returns after controlling for market effects and confounding events, with only novel information explaining statistical var...
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作者：Wiggins, RR; Ruefli, TW
作者单位：University of Memphis; University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin
摘要：At the center of Schumpeter's theory of competitive behavior is the assertion that competitive advantage will become increasingly more difficult to sustain in a wide range of industries. More recently, this assertion has resurfaced in the notion of hypercompetition. This research examines two large longitudinal samples of firms to discover which industries, if any, exhibit performance that is consonant with Schumpeterian theory and the assertions of hypercompetition. We find support for the ar...
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作者：White, S; Lui, SSY
作者单位：INSEAD Business School; City University of Hong Kong
摘要：Firms simultaneously face the need to cooperate with and control an alliance partner. To complement the transaction cost perspective's emphasis on the need to control and limit opportunistic behavior, we examine the sources and impact of the cooperation costs incurred in order to work with a partner. We propose that these costs increase with greater joint task complexity and interpartner diversity, and perceptions of equitable behavior affect the perceptions of these costs. Hypotheses derived ...
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作者：Ruefli, TW; Wiggins, RR
作者单位：University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin; University of Memphis
摘要：In the comment on Ruefli and Wiggins (2003), a number of points tire made supporting the variance component analysis approach to determining the importance of industry corporate, and business segment factors on business segment performance. This response addresses in more detail the nature of the methodological and statistical assumptions made by variance components analysis or ANOVA and their implications for the 'puzzling' results obtained when these techniques are employed. The response the...
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作者：Kor, YY; Mahoney, JT
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Delaware
摘要：To help understand how firms develop and maintain dynamic capabilities, we examine the effects of the dynamics, management, and governance of R&D and marketing resource deployments on firm-level economic performance. In a sample of technology-based entrepreneurial firms, we find that a history of increased investments in marketing is an enduring source of competitive advantage. We also find that managers' firm-specific experience positively moderates the relationship between R&D deployment int...
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作者：Jacobides, MG; Hitt, LM
作者单位：University of London; London Business School; University of Pennsylvania
摘要：Focusing on proving or disproving transaction cost economics has led to a relative neglect of some key drivers of vertical scope, such as differences in productive capabilities (as opposed to capabilities of governance). We consider how productive capability differences can shape vertical scope through gains from trade. Using highly detailed data from the mortgage banking industry, we find productive capabilities to be a key determinant of the make-vs.-buy decision. Our analysis also suggests ...
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作者：Song, M; Droge, C; Hanvanich, S; Calantone, R
作者单位：Michigan State University; Michigan State University's Broad College of Business; University of Missouri System; University of Missouri Kansas City; Eindhoven University of Technology; University System of Ohio; Xavier University
摘要：The dynamic capabilities perspective posits that a firm can leverage the perfomance impact of existing resources through resource configuration, complementarity, and integration, but little empirical research addresses these issues. We investigate the effects on performance of marketing capabilities, technological capabilities, and their complementarity (interaction), and whether these effects are moderated by low vs. high technological turbulence. Results from SEM two-group analyses (with con...
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作者：Love, EG; Nohria, N
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Harvard University
摘要：We conceptualize downsizing as all attempt to reduce organizational slack. We suggest that the degree to which downsizing will improve firm performance will be contingent oil conditions under which the downsizing occurs. We emphasize the level of organizational slack as all important contingency, and also examine two other contingencies: (1) whether the scope of the downsizing is narrow (restricted to personnel reductions) or broad (involves organizational redesign); and (2) if the downsizing ...
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作者：Salomon, R; Shaver, JM
作者单位：University of Minnesota System; University of Minnesota Twin Cities; New York University
摘要：We examine the interrelationship between export and domestic sales. Our expectation is that they tire simultaneously determined, and as such should not be examined in isolation. We also investigate how firm factors-such as R&D and advertising investments-and external factors-such as market growth and exchange rate changes-impact export and domestic sales. Using a non-recursive system of equations, we test our arguments on a representative sample of Spanish manufacturing firms between 1990 and ...
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作者：Singh, K; Mitchell, W
作者单位：Duke University; National University of Singapore
摘要：This paper demonstrates the existence of bidirectional relationships between interfirm collaboration and business sales. Controlling for factors that influence whether firms form collaborative relationships, the analysis shows that entry and post-entry collaboration often contribute to superior performance, which in turn attracts more partners. However, the performance influences vary across types of collaborators and collaborations, with differences among entrant and incumbent partners, betwe...
