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作者：Tong, Siliang; Jia, Nan; Luo, Xueming; Fang, Zheng
作者单位：Nanyang Technological University; University of Southern California; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Sichuan University
摘要：Companies are increasingly using artificial intelligence (AI) to provide performance feedback to employees, by tracking employee behavior at work, automating performance evaluations, and recommending job improvements. However, this application of AI has provoked much debate. On the one hand, powerful AI data analytics increase the quality of feedback, which may enhance employee productivity (deployment effect). On the other hand, employees may develop a negative perception of AI feedback once ...
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作者：Boivie, Steven; Withers, Michael C.; Graffin, Scott D.; Corley, Kevin G.
作者单位：Texas A&M University System; Texas A&M University College Station; University System of Georgia; University of Georgia; Arizona State University; Arizona State University-Tempe
摘要：Research summary The question of what boards do, or should do, has remained a central focus in governance research. Much of this research is based on explicit theories or empirical models that impose assumed behaviors onto boards-such as monitoring-that are thought to define their roles and duties. While these explicit perspectives have offered critical insights, we suggest it is time to consider directors' implicit beliefs of their roles and duties to understand their perspective of the board...
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作者：Rullani, Francesco; Beukel, Karin; De Angelis, Matteo
作者单位：Universita Ca Foscari Venezia; University of Copenhagen; Luiss Guido Carli University
摘要：Research Summary We examine in detail how one large mobile phone manufacturer develops its anti-counterfeit strategy and seizes counterfeit products on the market. We couple qualitative data (observations from 150 counterfeit sales points worldwide, two focus groups, a survey with 151 respondents, interviews with 90 informants) with econometric analysis of 3,333 fights the focal firm undertook against more than 2,000 counterfeiters in 75 countries over 6 years (2006-2011). We focus on firm's s...
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作者：Dimitriadis, Stefan
作者单位：University of Toronto
摘要：Research Summary This study explores how entrepreneurs' social capital affects their resilience to localized shocks. Using a unique longitudinal survey of entrepreneurs during a surge of violent protests in Togo during 2017 and 2018, I explore how different kinds of relationships affect entrepreneurs' performance. Results show that proximity to violent protests caused entrepreneurs' profits to drop by 20%. This decrease, however, was mitigated by entrepreneurs' ties to their local communities ...
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作者：Schnatterly, Karen; Calvano, Felipe; Berns, John P.; Deng, Chaoqun
作者单位：Virginia Polytechnic Institute & State University; University of Mississippi; City University of New York (CUNY) System; Baruch College (CUNY)
摘要：Research Summary Boards are unlikely to be effective if they do not have sufficient collective expertise to understand, monitor, and address future risks. This begs the question, does the board, in fact, have this expertise? If not, can they reconfigure their expertise to address those risks? Building on agency theory, we analyze the alignment between the board's expertise and the firm's future risks, with the expectation that board composition will change over time to reflect the firm's futur...
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作者：Oehmichen, Jana; Firk, Sebastian; Wolff, Michael; Maybuechen, Franz
作者单位：University of Groningen; University of Groningen; University of Gottingen
摘要：Research summary This article examines the effect of dedicated institutional investors on firms' strategy uniqueness. We build on the uniqueness paradox where unique strategies are important drivers of economic rent, yet create an information problem whereby CEOs face discounts from the capital market, thus discouraging them from selecting unique strategies. We propose dedicated institutional investors as a partial remedy to the uniqueness paradox. Dedicated institutional investors invest in g...
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作者：Eggers, J. P.; Moeen, Mahka
作者单位：New York University; University of North Carolina; University of North Carolina Chapel Hill
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作者：Rahmandad, Hazhir; Denrell, Jerker; Prelec, Drazen
作者单位：Massachusetts Institute of Technology (MIT); University of Warwick; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要：Research Summary Managers regularly deal with dynamic tasks, where decisions impact immediate payoffs as well as long-term capabilities. Research shows that people do poorly in dynamic tasks, but the underlying mechanisms are unclear. These may range from unsystematic problem-solving to rational learning in complex environments. In a series of experiments, we tease apart alternative explanations, showing that poor performance is due to behavioral difficulties. Remarkably, we find that people d...
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作者：Foss, Nicolai J.; Klein, Peter G.; Lien, Lasse B.; Zellweger, Thomas; Zenger, Todd
作者单位：Copenhagen Business School; Norwegian School of Economics (NHH); Baylor University; University of St Gallen; Utah System of Higher Education; University of Utah
摘要：Research Summary Ownership is fundamental to firm strategy, organization, and governance. Standard ownership concepts-mainly derived from agency and incomplete contracting theories-focus on its incentive effects. However, these concepts and theories neglect ownership's role as an instrument to match judgment about resource use and governance with the firm's evolving environment under uncertainty. We develop the concept of ownership competence-the skill with which ownership is used as an instru...
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作者：Choi, Jaeho; Menon, Anoop; Tabakovic, Haris
作者单位：University of Pennsylvania; The Brattle Group
摘要：Research Summary In this article, we examine the relationship between corporate diversification and firm performance using a machine learning technique called natural language processing (NLP). By applying a widely used NLP technique called topic modeling to unstructured text from annual reports, we create a new, multidimensional measure that captures the degree of diversification of both multisegment and single-segment firms. Additionally, we introduce a novel method to incorporate human judg...
