-
作者:Bennett, Victor Manuel
作者单位:Duke University
摘要:Research Summary I revisit a research tradition laying out trends in persistence of performance, to create shared facts to inform theory development. I build on prior work in Strategy by: (a) bringing together two distinct measures of persistence of performance and explaining how they complement each other and help distinguish theories, (b) extending the time series from those prior studies and applying modern statistical improvements to demonstrate new patterns. Specifically, while I find ord...
-
作者:Arikan, Ilgaz; Arikan, Asli M.; Shenkar, Oded
作者单位:University System of Ohio; Kent State University; Kent State University Kent; Kent State University Salem; University System of Ohio; Ohio State University
摘要:Research Summary This paper explores why and how nation-dyadic history impacts aggregated firm decisions involving cross-border activities (acquisitions, joint ventures, and alliances). We contextualize history and illustrate the negative effect of historical conflict on cross-border deals. Nation-dyads with historical conflict incorporate negative sentiments into their social and collective memories and national identities. Members of society assume the socially constructed national identity ...
-
作者:Suddaby, Roy; Coraiola, Ego; Harvey, Charles; Foster, William
作者单位:University of Victoria; University of Alberta; Newcastle University - UK
摘要:Research Summary The capacity to manage history is an important but undertheorized component of dynamic capabilities. We argue that the capacity to manage the interpretation of the past, in the present for the future, is a critical ability that informs a firm's ability to successfully enact changes needed to adapt to disruptive technology. We identify and elaborate three specific cognitive interpretations of history-history as objective fact, history as interpretive rhetoric, and history as im...
-
作者:Sasaki, Innan; Kotlar, Josip; Ravasi, Davide; Vaara, Eero
作者单位:Lancaster University; University of Warwick; Polytechnic University of Milan; University of London; University College London; Aalto University
摘要:Research Summary This paper examines how strategy-makers attempt to reconcile change initiatives with organizational values and principles laid out long before, still encased in strategic identity statements such as corporate mottos and philosophies. It reveals three discursive strategies that strategy-makers use to establish a sense of continuity in time of change: elaborating (transferring part of the content of the historical statement into a new one), recovering (forging a new statement ba...
-
作者:Morandi Stagni, Raffaele; Santalo, Juan; Giarratana, Marco S.
作者单位:Universidad Carlos III de Madrid; IE University
摘要:Research summary This article investigates how diversified firms reallocate internal non-scale free resources when one of their product business units (BUs) experiences increased exposure to international competition driven by a sharp decrease in trade tariffs. On average, firms tend to fight, by reallocating resources toward the BU affected by the trade shock and away from other BUs within the same firm. Two variables moderate this first-order effect with opposite signs. The level of sunk cos...
-
作者:Rocha, Vera; van Praag, Mirjam
作者单位:Copenhagen Business School; Vrije Universiteit Amsterdam
摘要:Research summary Women continue to be disproportionately underrepresented in new venture creation. We investigate whether and how founders can differently influence future entrepreneurial career choices of their male and female joiners. Using a large sample of startup firms with personnel where founders interact closely with joiners, we demonstrate that founders have a strong influence on a joiner's entrepreneurial career choice if both are female. We find empirical support for role modeling a...
-
作者:Awaysheh, Amrou; Heron, Randall A.; Perry, Tod; Wilson, Jared I.
作者单位:Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要:Research Summary This study reexamines the relation between corporate social responsibility (CSR) and financial performance by benchmarking firms against industry peers in a given year to identify best-in-class and worst-in-class firms. We also address distributional issues when using CSR ratings (clustering of CSR scores around the median and material differences across industries and time) and financial performance ratios (the possible influence of extreme values). We find that the best-in-c...
-
作者:Polidoro, Francisco, Jr.
作者单位:University of Texas System; University of Texas Austin
摘要:Research summary Evolutionary models of technological evolution highlight the cognitive underpinning of routines that shape organizational adaptation. However, research thus far has overlooked the possibility that cognitive effects might also shape selection. This study redresses this imbalance by examining nonmarket selection, focusing for that purpose on the regulatory review of innovations. It proposes that the more knowledge about different technologies is available to regulatory agencies,...
-
作者:Oh, Chang Hoon; Shapiro, Daniel; Ho, Shuna Shu Ham; Shin, Jiyoung
作者单位:Simon Fraser University; University of Groningen
摘要:Research summary Using collective action and social movement theory, we investigate the potential incentives and ability of stakeholders to engage in collective action that can increase firm-specific nonmarket risk of mining companies. We argue that proximity to the nearest environmentally sensitive water source increases the probability that local stakeholders will take collective actions that impose material costs on the focal mine. We hypothesize that stock markets recognize this nonmarket ...
-
作者:Chattopadhyay, Shinjinee; Bercovitz, Janet
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Colorado System; University of Colorado Boulder
摘要:Research Summary Firms' strategy choices are contextually dependent, yet internally delimited. A radical shift in institutional context forces firms to reevaluate the desirability and suitability of current strategies and assess the potential of new strategic opportunities. From 1970 to 1995, the Indian pharmaceutical industry operated under a process-focused intellectual property regime and enjoyed legal protection to reverse engineer brand name drugs. In 1995, this protection ended with the ...