-
作者:Lawrence, Megan
作者单位:Vanderbilt University
摘要:Research Summary: Replication of practices is an important value-creating strategy for multi-unit firms, yet they often struggle to share knowledge internally across locations. Drawing on the replication and learning literatures and using data from aFortune100 retail chain that implemented a new restocking practice in 280 stores, I examine whether and how templates influence unit learning when replicating new practices. Stores were divided into districts, each with one randomly chosen template...
-
作者:Chahine, Salim; Zhang, Yan (Anthea)
作者单位:American University of Beirut; Rice University
摘要:Research Summary With data on 1,156 venture capitalist (VC)-backed U.S. initial public offerings (IPOs), we find that the initial level of Chief Executive Officer (CEO) human capital (HC) when a firm receives its first VC investment is negatively related to the likelihood of changing CEO before IPO. The distance between a firm and its lead VC has a positive effect on the likelihood and this effect is stronger when the initial CEO HC is lower. These results suggest that as a larger distance amo...
-
作者:Belderbos, Rene; Tong, Tony W.; Wu, Shubin
作者单位:KU Leuven; Maastricht University; Maastricht University; University of Colorado System; University of Colorado Boulder; University of Liverpool
摘要:Research Summary Research on foreign market entry has rarely considered that multinational firms' new entries may be affected by the configuration of their existing affiliates. We argue that in making entry decisions, firms take into account how an entry into a new location helps increase the operational flexibility of their affiliate portfolios due to options to switch operations across affiliates in case of diverging labor cost developments across host countries. We juxtapose this real optio...
-
作者:Argyres, Nicholas; Bercovitz, Janet; Zanarone, Giorgio
作者单位:Washington University (WUSTL); University of Colorado System; University of Colorado Boulder
摘要:Research summary A key strategic decision for many firms is the scope of their relationships with partners. Existing theories of relationship scope are limited in that they disregard the facts that: (a) most firms transact within networks of multiple partners, and (b) these partnerships often involve two-sided moral hazard. We develop a theory of partnership scope in interfirm networks that addresses these deficiencies. We show how, by broadening the scope of business it conducts with its part...
-
作者:Olson, Daniel M.; Waguespack, David M.
作者单位:University of Washington; University of Washington Seattle; University System of Maryland; University of Maryland College Park
摘要:Research summary We explore how information intermediaries preserve relationships with firms they cover and differentiate from competitors while also maintaining legitimacy with their audiences. We find that intermediaries evaluating movies and video games delay disclosing more negative reviews of heavily marketed products so that they do not coincide with the major product marketing push. We also find that media organizations artificially differentiate themselves from their competitors. We de...
-
作者:Smulowitz, Stephen J.; Rousseau, Horacio E.; Bromiley, Philip
作者单位:International Institute for Management Development (IMD); State University System of Florida; Florida State University; University of California System; University of California Irvine
摘要:Research Summary Combining insights from the behavioral theory of the firm with sociological research on local embeddedness, we propose that community-oriented firms respond differently to performance relative to aspirations than noncommunity-oriented firms. Community-oriented firms develop long-term relations with local constituents and emphasize community goals. This orientation should buffer them from the risk-inducing effects of falling below financial aspirations, and encourage them to pu...
-
作者:Dutt, Nilanjana; Mitchell, Will
作者单位:Bocconi University; Bocconi University; University of Toronto; Duke University
摘要:Research Summary We consider how different problem sources-proximate versus remote-relate to heterogeneity in search breadth. While studies of search have established the importance of search breadth, and argued that problems trigger search, they have focused on a single problem source instigating search. We extend prior research by considering how search breadth differs in the presence of proximate and remote problem sources. Because of differences in familiarity with each type of problem, an...
-
作者:Chondrakis, George; Sako, Mari
作者单位:Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); University of Oxford
摘要:Research summary Buyer firms respond to supplier employee mobility by reshuffling work among suppliers. However, the extant literature has not considered plural-sourcing firms which can bring work back in-house. In this paper, we develop a governance framework in which buyers engage in a comparative assessment of the costs associated with different sourcing modes following supplier employee mobility. Due to the imperfect transferability of social capital and associated uncertainty, buyers face...
-
作者:Starr, Evan; Goldfarb, Brent
作者单位:University System of Maryland; University of Maryland College Park
摘要:Research Summary We seek to diffuse a graphical tool-binned scatterplots-which we argue can dramatically improve the quality and speed of research in strategic management. In contrast to the current practice of showing plots of predicted values, binned scatterplots graph the nonparametric relationship between two variables, either unconditionally or conditional on a set of controls, for multiple subgroups. This allows researchers to quickly detect the shape of that relationship, examine outlie...
-
作者:Lee, Dongyoung
作者单位:McGill University
摘要:Research Summary Using 138 firm-year observations for 46 U.S.-listed firms headquartered in tax havens from 2004 to 2013, this study employs a matched-sample design and documents that the level of corporate social responsibility (CSR) engagement is relatively lower for firms with tax haven headquarters (HQ) than for those with U.S. HQ. This result is robust to the use of firm philanthropy as a measure of CSR engagement and holds true in an environment with high CSR expectations from U.S. commu...