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作者：Langan, Robert
作者单位：Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要：Research Summary Interim CEO appointments are disruptive and costly to firms. Boards justify them as necessary to find the right permanent successor. But what happens if that successor performs poorly? This paper argues that directors may be reluctant to remove a poorly performing successor to an interim CEO early in their tenure. It posits that this may be owing to directors' concerns for their own reputations or for the firm. Results demonstrate that successors to interim CEOs are considerab...
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作者：Raj, Manav; Eggers, J. P.
作者单位：University of Pennsylvania; New York University
摘要：Research Summary We explore how the emergence of digital distribution platforms (DDPs), platforms that facilitate transactions between consumers and incumbents, affects industry structure and competition. Studying the effect of delivery platforms on restaurants in the United States from 2012 to 2018, we show that DDP emergence increases exit and concentration and reduces business dynamism. We provide speculative evidence that these changes are driven by both an increase in inter-firm competiti...
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作者：Balachandran, Sarath; Clement, Julien
作者单位：University of London; London Business School; Stanford University
摘要：Research SummaryWe investigate why firms imitating the same competitor's strategy in the same environment often replicate different components of that strategy. We argue that such divergence can arise because firms vary in the internal interdependencies that underlie their strategies. When a firm significantly differs from a competitor in how one component of its strategy interacts with other components, the consequences of replicating the competitor's choices about that component are harder t...
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作者：Simsek, Z.
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作者：Vinokurova, Natalya
作者单位：Lehigh University
摘要：Research SummaryWhat role do innovators play in the evolution of product categories? While management scholars have documented multiple cases of innovators creating new product categories, less attention has been paid to how innovators reshape existing ones. This paper explores the possibility that innovators can change the boundaries of established categories to accommodate their products. In an historical case study of the acceptance of mortgage-backed securities (MBS) as bonds in the United...
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作者：Jue-Rajasingh, Diana; Koo, Wesley W.
作者单位：Rice University; Johns Hopkins University
摘要：Research summaryAs social ventures expand beyond their original marginalized customers, they face demand-side limitations to scale. This study examines how a common tool for managing strategic change - origin stories - affects non-marginalized customers' responses. In a survey-based field experiment with an Indian feminine hygiene company that initially served rural customers but now targets urban customers, we found that telling origin stories reduced urban customers' purchase intentions comp...
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作者：Frake, Justin; Gibbs, Anthony; Goldfarb, Brent; Hiraiwa, Takuya; Starr, Evan; Yamaguchi, Shotaro
作者单位：University of Michigan System; University of Michigan; Purdue University System; Purdue University; University System of Maryland; University of Maryland College Park; University of Wisconsin System; University of Wisconsin Madison
摘要：Research SummaryStrategy and management scholars have increasingly used difference-in-differences (DD) and instrumental variables (IV) designs to identify causal effects. These methods rely on untestable identifying assumptions to interpret the results as causal. partial identification techniques allow researchers to draw causal inferences from imperfect identification strategies by quantifying how results change with the severity of a violation of the identifying assumption. We explain how th...
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作者：Howell, Travis; Hall, Todd A.
作者单位：Arizona State University; Arizona State University-Tempe; University of Kansas
摘要：Research Summary The conventional wisdom both in research and in practice is that entrepreneurs need co-founders, as they bring crucial resources to new ventures. Yet, this same work also suggests that co-founders introduce destructive conflict, potentially creating as many problems as they solve. Surprisingly, little work examines the counterfactual-that is, the conditions under which solo-founding is a viable approach. In this paper, we address this gap. We perform two studies; one using dat...
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作者：Denrell, Jerker; Christensen, Michael; Knudsen, Thorbjorn; Liu, Chengwei
作者单位：University of Warwick; Frankfurt School Finance & Management; Imperial College London
摘要：Research Summary How should organizations manage learning dynamics? Strategy theories suggest more-is-better-fast, frictionless sharing enhances performance-while organizational learning theory warns that less-is-more, as fast learning causes premature convergence. We reconcile this tension by showing that the less-is-more prediction depends critically on a key assumption in classic computational models: that information about agents' performance is not continuously updated. When performance i...
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作者：Bhatia, Nandil; Cai, Wei; Srivastava, Sameer B.
作者单位：Columbia University; University of California System; University of California Berkeley
摘要：Research Summary In evaluative contexts, evaluatees typically seek to present themselves in a favorable light, while evaluators ask penetrating questions to assess these claims. Here we develop a framework to identify curveball questions: ones that are on-topic yet perplexing (i.e., difficult to predict) relative to past discourse. We develop a language-based measure of curveball questions and apply it to a corpus of quarterly earnings calls. After validating this question-level measure, we ne...
