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作者：Schoenecker, TS; Cooper, AC
作者单位：Southern Illinois University System; Southern Illinois University Edwardsville; Purdue University System; Purdue University
摘要：We investigate the factors that influence the timing of entry of firms into new industries based on new technology. Consistent with previous research, it is hypothesized that firm resources and organizational attributes influence entry timing. Unlike previous research, there is specific consideration of how industry setting-specifically, the Extent to which it offers first mover advantages-influences the ability to predict timing of entry. The ability to explain entry timing differed across in...
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作者：Majumdar, SK; Venkataraman, S
作者单位：Imperial College London; University of Virginia
摘要：This paper examines variations in the adoption of new technology by firms operating in a network-based industry: telecommunications. These variations are explained as a function of three network effects: the first is the conversion effect, driven by operations-related increasing returns to scale; the second is the consumption effect; driven by demand-side increasing returns to scale; the third is an imitative effect. We expect the conversion effect to be felt more strongly during earlier phase...
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作者：Lane, PJ; Cannella, AA; Lubatkin, MH
作者单位：Indiana University System; Indiana University Indianapolis; Texas A&M University System; Texas A&M University College Station; University of Connecticut
摘要：Amihud and Lev (1981) are widely cited as providing evidence that managers, unless closely monitored by large black shareholders, will attempt to reduce their employment risk through unrelated mergers and diversification. These corporate strategies, however, may not be in shareholders' interests. Reconsidering the agency assumptions underlying Amihud and Lev's study and the methodology they used we develop hypotheses regarding the association between ownership structure, board vigilance, corpo...
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作者：Folta, TB
作者单位：Purdue University System; Purdue University
摘要：This study elaborates upon the motives for initiating equity-based collaborations vs. acquisition of another firm already having a desired technology. We characterize both minority direct investments and joint ventures as options to defer either internal development or acquisition of a target firm. In domains where learning about growth opportunities dominates investment activity, this incremental mode of governance economizes on the cost of committing resources to a technology with an uncerta...
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作者：Dalton, DR; Daily, CM; Ellstrand, AE; Johnson, JL
作者单位：Indiana University System; Indiana University Bloomington; California State University System; California State University Long Beach; University of Arkansas System; University of Arkansas Fayetteville
摘要：Careful review of extant research addressing the relationships between board composition, board leadership structure, and firm financial performance demonstrates little consistency in results. In general, neither board composition nor board leadership structure has been consistently linked to firm financial performance. In response to these findings, we provide meta-analyses of 54 empirical studies of board composition (159 samples, n=40,160) and 31 empirical studies of board leadership struct...
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作者：Khanna, T; Gulati, R; Nohria, N
作者单位：Harvard University; Northwestern University
摘要：We show how the tension between cooperation and competition affects the dynamics of learning alliances. 'Private benefits' and 'common benefits' differ in the incentives that they create for investment in learning. The competitive aspects of alliances are most severe when a firm's ratio of private to common benefits is high. We introduce a measure, 'relative scope' of a firm in an alliance, to show that the opportunity set of each firm outside an alliance crucially impacts its behavior within ...
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作者：Datta, DK; Rajagopalan, N
作者单位：University of Kansas; University of Southern California
摘要：Based on 134 CEO succession eve,lts in nondiversified,,manufacturing firms, this study examines the relationships between industry structure and the characteristics of CEO successors. The successors. Results indicate that industry structure plays nn important, but not pervasive, role in explaining variations in newly selected CEOs. Specifically, the higher the level of industry and the greater the likelihood of a nonthroughput background in the CEO successor; the higher the industry growth rat...
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作者：Lowendahl, B; Revang, O
作者单位：BI Norwegian Business School
摘要：In the postindustrial era, firms are facing increasing complexity for a number of reasons, two of which are fundamentally altering the competitive context of firms and managers, namely knowledge and technology dissemination. in this article, we argue that these global changes at the societal as well as the individual level affect strategic management theory and practice in two ways: they alter the relationships between firms and external stakeholders (e.g., customers), and they alter the relat...
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作者：Kochhar, R; Hitt, MA
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Texas A&M University System; Texas A&M University College Station
摘要：This study examines the relationship between corporate strategy and capital structure, specifically the diversfication and financing strategies of a firm The results show that equity financing is preferred for related diversification and unrelated diversification is associated with debt financing. Additionally, firms diversifying through acquisitions are more likely to Else public sources af financing and those emphasizing internal development of new businesses depend primarily on private sour...
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作者：Majumdar, SK
作者单位：Imperial College London
摘要：The issue of resource utilization is important in the resource-based stream of work, since the ability of firms to utilize resources is a key indicator of their competitive abilities. This paper specifies,why some firms might be better at utilizing resources than others. Thereafter, it demonstrates how to empirically ascertain differences in resource utilization patterns between firms using the U.S. telecommunications industry as a context. The data envelopment analysis procedure (DEA), which ...
