Strategic Management Journal

最新文章

• Limited progress? The effect of external pressure for board gender diversity on the increase of female directors AI翻译
  作者：Knippen, Jennifer M.; Shen, Wei; Zhu, Qi
  作者单位：Arizona State University; Arizona State University-Tempe; Hong Kong Polytechnic University
  摘要：Research SummaryThis study explores how external pressure for board gender diversity influences the increase of female directors. We propose that while external pressure has a positive effect on the increase of female directors on boards, it heightens the salience of gender in new director selection, making incumbent male directors more likely to treat the new female directors as outgroup members and consequently more likely to add them through addition of board seats rather than substitution ...
• Entrepreneurial firms grow up: Board undervaluation, board evolution, and firm performance in newly public firms AI翻译
  作者：Garg, Sam; Li, Qiang John; Shaw, Jason D.
  作者单位：Hong Kong University of Science & Technology; Nanyang Technological University
  摘要：Research Summary An initial public offering (IPO) ushers in many changes to the organization's boards of directors, including the installation of a formal and comprehensive board leadership structure. This paper shows that higher board undervaluation, that is, the average degree to which directors' qualifications based on normatively accepted criteria for board leadership are not duly reflected in their appointments to the board chair and committee chair positions, is associated with higher di...
• Collaborating to manage performance trade-offs: How fire departments preserve life and save property AI翻译
  作者：Horwitz, Jay R.; McGahan, Anita M.
  作者单位：University of Toronto; University of Toronto
  摘要：Research Summary: We examine how formal collaboration allows organizations to resolve performance trade-offs that cannot be resolved informally. The theory is tested on U.S. fire departments, which pursue goals that sometimes conflict: reducing casualties and saving property. By relying on intrinsic motivation, informal collaboration reduces casualties and saves some property above what departments can achieve alone. Formal contracts are needed to achieve additional performance improvements on...
• Adaptation across multiple landscapes: Relatedness, complexity, and the long run effects of coordination in diversified firms AI翻译
  作者：Chen, Mo; Kaul, Aseem; Wu, Brian
  作者单位：University System of Maryland; University of Maryland College Park; University of Minnesota System; University of Minnesota Twin Cities; University of Michigan System; University of Michigan
  摘要：Research Summary We study the effect of coordination between businesses on the adaptation of diversified firms. Using a simulation-based approach, we show that coordination between businesses limits adaptation, causing the relative performance of diversified firms to decline relative to their focused counterparts over time, with this effect being strongest for moderate levels of relatedness between, and complexity within, businesses. Given complexity, firms diversifying into moderately related...
• Non-profit organizations as a nexus between government and business: Evidence from Chinese charities AI翻译
  作者：Zheng, Weiting; Ni, Na; Crilly, Donal
  作者单位：University of New South Wales Sydney; Shenzhen University; Audencia; University of London; London Business School
  摘要：Research Summary: Non-profit organizations in emerging markets frequently have to manage relations with governments and for-profit firms. We advance a multistakeholder perspective and develop propositions about how the political ties of charities influence their success in raising funds from corporate donors. Evidence from 2,054 Chinese charities during 2005-2012 shows that organizational political ties, established through formal affiliation with the government, aid fundraising from corporate...
• Is all publicity good publicity? The impact of direct and indirect media pressure on the adoption of governance practices AI翻译
  作者：Shipilov, Andrew, V; Greve, Henrich R.; Rowley, Timothy J.
  作者单位：INSEAD Business School; INSEAD Business School; University of Toronto
  摘要：Research Summary Media coverage is known to influence firms' behavior, but it is less known whether coverage of firms' partners also has an effect. In a context of governance practices' diffusion in Canada, we distinguish the effect of direct media coverage of the firm's activities, from indirect coverage, defined as media coverage of the firms' interlock partners. We examine whether the coverage is laden with positive or negative emotions. We find that both direct and indirect media coverage ...
• Machine learning approaches to facial and text analysis: Discovering CEO oral communication styles AI翻译
  作者：Choudhury, Prithwiraj; Wang, Dan; Carlson, Natalie A.; Khanna, Tarun
  作者单位：Columbia University
  摘要：Research Summary We demonstrate how a novel synthesis of three methods-(a) unsupervised topic modeling of text data to generate new measures of textual variance, (b) sentiment analysis of text data, and (c) supervised ML coding of facial images with a cutting-edge convolutional neural network algorithm-can shed light on questions related to CEO oral communication. With videos and corresponding transcripts of interviews with emerging market CEOs, we use this synthesis of methods to discover fiv...
• Responses to rival exit: Product variety, market expansion, and preexisting market structure AI翻译
  作者：Ren, Charlotte R.; Hu, Ye; Cui, Tony H.
  作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Houston System; University of Houston; University of Minnesota System; University of Minnesota Twin Cities
  摘要：Research Summary This study investigates incumbent responses to a main rival's exit. We argue that long-time rivals have developed an equilibrium by offering a mix of overlapping and unique products and by choosing geographic proximity to each other. A rival's exit, however, disrupts this equilibrium and motivates surviving firms to expand in both product and geographic spaces to seek a new equilibrium. Using data from all U.S. Best Buy stores before and after the exit of Circuit City, we find...
• Location and survival of MNEs' subsidiaries: Agglomeration and heterogeneity of firms AI翻译
  作者：Mariotti, Sergio; Mosconi, Rocco; Piscitello, Lucia
  作者单位：Polytechnic University of Milan; University of Reading
  摘要：Research summary Our study provides a quasi-replication of Shaver and Flyer (2000), which was among the first studies that challenged the positive role of agglomeration in determining companies' location choice and performances, thus changing the way management scholars view companies' attitude towards agglomeration forces. We employ the same research design, specification and tests, and a different population, to discuss the generalizability of the original study. Building on the framework of...
• Fight or flight? Market positions, submarket interdependencies, and strategic responses to entry threats AI翻译
  作者：Ethiraj, Sendil; Zhou, Yue Maggie
  作者单位：University of London; London Business School; University of Michigan System; University of Michigan
  摘要：Research Summary This paper examines how incumbent firms' market positions and interdependencies across their submarkets influence their responses to entry threats. We adapt a model of capacity deterrence to show that because premium and low-cost incumbents face different demand functions and operating costs, they experience different tradeoffs between ignoring, deterring, and accommodating threatened entry. In addition, the interdependencies within and between a premium incumbent's submarkets...