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作者：Taeuscher, Karl; Zhao, Eric Yanfei; Lounsbury, Michael
作者单位：University of Manchester; Alliance Manchester Business School; University of Oxford; University of Alberta
摘要：Research Summary When and why do producers change the categorization of their offerings? Prior categorization research assumes that producers engage in ongoing efforts to proactively optimize their categorical positioning, but this assumption may not hold for many producers due to their limited attentional capacity. Our theoretical account instead highlights the role of expectation violation cues-salient pieces of information indicating a violation of audience expectations-as triggers that can...
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作者：Hann, Rebecca N.; Subasi, Musa; Zheng, Yue
作者单位：University System of Maryland; University of Maryland College Park; Hong Kong University of Science & Technology
摘要：Research SummaryUsing a novel dataset that provides a comprehensive coverage of U.S. firms' industrial supply chain relationships, we find that firms with innovation specific to a buyer are more likely to share a common director with that buyer. This association is stronger when the buyer has a larger number of alternative suppliers. We further find that when a supplier-buyer pair shares a common director, the supplier's R&D investment is more sensitive to the investment opportunities of its b...
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作者：Bruyaka, Olga; Zaynutdinova, Gulnara; Philippe, Deborah; Zachary, Miles
作者单位：West Virginia University; University of Lausanne; Auburn University; Auburn University System; Auburn University
摘要：Research SummaryThis article advances the understanding of alliance instability by integrating organizational stigma and signaling theories to explain unplanned alliance dissolution after potentially stigmatizing adverse events. We highlight the media as a key intermediary influencing whether partners stick together or break apart. We also argue that firm status and external corporate governance serve as signals that key stakeholders interpret differently, that is, amplifying media vilificatio...
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作者：Boivie, Steven; Gee, Inn Hee; Gentry, Richard J.; Graffin, Scott D.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Oklahoma System; University of Oklahoma - Norman; University of Mississippi; University System of Georgia; University of Georgia
摘要：Research SummaryWe examined whether or not directors' prior experiences with Chief Executive Officer (CEO) selection helps them to choose a higher-performing CEO. Using S&P 1500 firms from 1999 to 2020, we found that boards' prior experiences with hiring CEOs do not improve their ability to choose a higher-performing CEO; rather, their prior CEO selection experience has a small but consistent negative effect. At the same time, we found little evidence that the domain specificity of prior CEO s...
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作者：Lindlbauer, Niklas M.; Kor, Yasemin Y.; Singh, Kulwant
作者单位：University of London; King's College London; University of Cambridge; National University of Singapore
摘要：Research SummaryResource allocation inertia-firms' insufficient responsiveness in adjusting resource allocation across business units-hinders adaptation and competitive advantage. Yet, it is unclear why some firms are more prone to this inertia. We develop and test theory suggesting that resource allocation inertia increases with unrelated diversification, which arises when firms operate in multiple, unrelated industries, because of greater information complexity and HQ detachment. This disadv...
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作者：Hosseini, Mohammad; Quelin, Bertrand V.
作者单位：Western University (University of Western Ontario); Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary This study examines how legal design shapes contractual governance in public-private partnership (PPP). We argue that PPP-specific laws do not simply strengthen institutional safeguards; by varying in detail, they also alter the flexibility available for project-level contracting. Highly specific laws better constrain governmental discretion but raise adaptation costs, making user-pay contracts, where private partners bear demand risk and rely on market-responsive adjustment, ...
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作者：Tong, Tony W.; He, Wenlong; Chen, Liang; He, Zi-Lin; Lu, Jiangyong
作者单位：University of Colorado System; University of Colorado Boulder; Renmin University of China; Singapore Management University; Tilburg University; Peking University
摘要：Research Summary While changes in intellectual property rights (IPR) protection significantly shape firm innovation, the mechanisms driving firms' responses remain poorly understood. Leveraging the Second Amendment to China's Patent Law, which strengthens appropriability particularly for state-owned enterprises (SOEs), as a natural experiment, we show that stronger IPR has mixed effects on SOEs' innovation. While SOEs increase the rate of innovation subsequent to the Amendment, they shift the ...
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作者：Jeong, Seung-Hwan; Kang, Saehee; Byron, Kris
作者单位：University System of Georgia; University of Georgia; State University System of Florida; Florida State University; University System of Georgia; Georgia State University
摘要：Research Summary Scholars have found that female representation in strategic leadership is often positively associated with firm performance, though the underlying mechanisms remain unclear. Prior explanations emphasize top-down effects, considering how female leaders shape strategic decision-making or influence legitimacy. We propose a complementary, bottom-up view: female top managers foster employee participation, which is positively associated with firm performance. Using a unique panel da...
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作者：Borchardt, Wayne G.; Lovallo, Dan P.; Samuelsson, Mikael; da Silva, Ayrton
作者单位：Universidade Nova de Lisboa; University of Sydney; University of Cape Town
摘要：Research Summary Overconfidence is widely known to influence firm decision-making. Yet there remains confusion regarding the concept because it comprises three key aspects: overplacement, overestimation, and overprecision. Using archival data, we employ a firm-level overconfidence construct to simultaneously analyze the impacts of both overestimation and overprecision. Based on proxies derived from management earnings guidance, overestimation has a sizeable, negative impact on firm performance...
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作者：Choudhury, Prithwiraj; Moeen, Mahka; Wormald, Audra
作者单位：University of London; London School Economics & Political Science; University of Wisconsin System; University of Wisconsin Madison; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：Research Summary Abduction offers a mode of scientific inquiry that focuses on formulating explanations for unexplained phenomena. By building a bridge between philosophy of science and strategic management research, this article offers a pluralistic view of abduction, highlighting abductive triggers as the starting point in seeking explanations and the essential role of both creative and selective abduction in formulating explanations. Additionally, this article provides practical guidance fo...
