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作者:Ketkar, Harsh; Workiewicz, Maciej
作者单位:Bocconi University; ESSEC Business School
摘要:Research Summary One of the key features of boss-less organizations is self-selection, where each employee is allowed to both initiate and join projects freely. While this approach has been gaining in popularity within many big and small organizations, we have a limited understanding of its properties, limitations, and key mechanisms. In this article, we analyze the efficacy and boundary conditions of employee self-selection with respect to project selection and employee allocation. Our result...
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作者:Burford, Natalie; Shipilov, Andrew, V; Furr, Nathan R.
作者单位:INSEAD Business School; INSEAD Business School
摘要:We evaluate the effects of component choices on firms' performance following a negative shock to the ecosystem's alignment structure. We advance a theoretical framework that relates three levels of ecosystem structure-local component interdependence, component clusters, and central components-to the firms' performance. In the setting of the e-commerce industry impacted by the General Data Protection Regulation, our results support the predictions that a reduction in local component interdepend...
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作者:Mayer, Kyle J.; Xing, Zhe (Adele); Mondal, Pablo
作者单位:University of Southern California; Santa Clara University
摘要:Research Summary We examine how organizations govern interfirm transactions that involve innovative tasks. Designing contracts that foster innovation is challenging and becomes more complex when exchange hazards are present. We draw on regulatory focus theory to examine the effects of promotion and prevention effects in contract framing contracts to address how firms should design their contracts to balance the need for promoting innovation and protecting against opportunistic behavior. Using ...
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作者:Malhotra, Shavin; Harrison, Joseph S.
作者单位:University of Waterloo; Texas Christian University
摘要:Research Summary How CEO cognitive complexity influences firm outcomes raises an intriguing theoretical tension. While more cognitively complex CEOs can potentially bolster firm performance through their more elaborate and multifaceted information processing, those tendencies can also hurt performance because they require more time and energy, delaying decision making. We posit and show a nuanced effect of CEO cognitive complexity on firm performance, contingent on industry conditions. CEO cog...
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作者:Farjoun, Moshe; Fiss, Peer C.
作者单位:York University - Canada; University of Southern California
摘要:Research Summary While the established, coherence view of internal fit provides a compact representation of firms and strategy, it also discounts the strategic benefits of tensions and contradictions, and downplays strategy creation and change. Here, we develop a novel dialectical alternative to fit-based models of strategy. Within our model, contradictions and tensions serve as a key engine for strategic renewal and transformation. If carefully harnessed through what we call disciplined incoh...
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作者:Gupta, Abhinav; Fung, Anna; Murphy, Chad
作者单位:University of Washington; University of Washington Seattle; American University; Oregon State University
摘要:Research Summary We consider the link between firms' decisions to adopt a CSR executive position and the political ideology of prior adopter CEOs. We theorize that firms are more likely to adopt a CSR executive position when it has been previously adopted by conservative-leaning CEOs at other firms, as opposed to liberal-leaning CEOs. This effect is due, we argue, to the increased perceptual salience and situational attributions associated with ideologically incongruent actions (i.e., actions ...
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作者:Goldfarb, Brent; Yan, Liyue
作者单位:University System of Maryland; University of Maryland College Park
摘要:Research Summary We revisit Zuckerman's (1999) The Categorical Imperative: Securities Analysts and the Illegitimacy Discount, which theorizes that when organizations are recognized as legitimate players in a category, they perform better. A replication exercise fails to reproduce two of three sets of results. Assisted by data shared by the original author, we find evidence that the inconsistency is due to a coding error in the original and differences between analyst data sets. We illustrate t...
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作者:Chondrakis, George; Serrano, Carlos J.; Ziedonis, Rosemarie H.
作者单位:Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); Pompeu Fabra University; Pompeu Fabra University; Barcelona School of Economics; Boston University; National Bureau of Economic Research
摘要:Research Summary The market for acquiring technology companies is rife with information frictions. Although such frictions can stifle trading activity, they also provide room for strategic gain. We investigate this dual role of information frictions by exploiting an institutional reform that releases technological information to the public domain. Leveraging cross-sectoral variation in the magnitude of disclosure, we find an increase in acquisition activity and in the technological distance be...
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作者:Chen, Guoli; Huang, Sterling; Meyer-Doyle, Philipp; Mindruta, Denisa
作者单位:INSEAD Business School; Singapore Management University; Hautes Etudes Commerciales (HEC) Paris
摘要:Research Summary To address endogeneity concerns stemming from firm-CEO matching, we deploy a two-sided matching model that identifies the complementarities arising from the CEO-firm match and subsequently account for these complementarities in empirical tests. Applying this approach, we examine how the nature of CEOs' human capital affects the acquisition behavior and performance of firms. We find that generalist CEOs (CEOs with a broader set of knowledge and skills) are more likely to engage...
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作者:Eesley, Charles E.; Lee, Yong Suk
作者单位:Stanford University; Stanford University
摘要:Research summary We examine how university entrepreneurship programs affect entrepreneurial activity using a unique entrepreneurship-focused survey of Stanford alumni. OLS regressions find a positive relationship between program participation and entrepreneurship activities. However, endogeneity hinders causal interpretation. We utilize the fact that the entrepreneurship programs were implemented at the school level. Using the introduction of each school's program as an instrument for program ...