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作者:Angus, Ryan W.
作者单位:West Virginia University
摘要:Research Summary This paper seeks to extend the problemistic search literature by investigating how far entrepreneurial organizations seeking to improve their chances for success should search, depending on their level of past performance. Drawing on a novel data set from the Google Play app store, the paper finds support for its hypothesis that past performance moderates the relationship between search distance and subsequent performance. As past performance increases, the less beneficial (an...
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作者:Flammer, Caroline; Hong, Bryan; Minor, Dylan
作者单位:Boston University; New York University; Northwestern University
摘要:Research Summary: This study examines the integration of corporate social responsibility (CSR) criteria in executive compensation, a relatively recent practice in corporate governance. We construct a novel database of CSR contracting and document that CSR contracting has become more prevalent over time. We further find that the adoption of CSR contracting leads to (a) an increase in long-term orientation; (b) an increase in firm value; (c) an increase in social and environmental initiatives; (...
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作者:Feldman, Emilie R.; Amit, Raphael; Villalonga, Belen
作者单位:University of Pennsylvania; New York University
摘要:Research Summary: This paper explores the stock market performance of acquisitions and divestitures where both, one, or neither of the companies in the transaction are family firms. We find that acquirer shareholder returns are highest when family firms buy businesses from non-family firm divesters, especially when family chief executive officer (CEO) acquirers buy businesses from non-family CEO divesters. Additionally, divester shareholder returns are highest when family firms sell businesses...
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作者:Chatterji, Aaron; Delecourt, Solene; Hasan, Sharique; Koning, Rembrand
作者单位:Duke University; National Bureau of Economic Research; Stanford University; Harvard University
摘要:Why do some entrepreneurs thrive while others fail? We explore whether the advice entrepreneurs receive about managing their employees influences their startup's performance. We conducted a randomized field experiment in India with 100 high-growth technology firms whose founders received in-person advice from other entrepreneurs who varied in their managerial style. We find that entrepreneurs who received advice from peers with a formal approach to managing people-instituting regular meetings,...
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作者:Aguinis, Herman; Solarino, Angelo M.
作者单位:George Washington University; University of Leeds
摘要:Research Summary: We used interviews with elite informants as a case study to illustrate the need to expand the discussion of transparency and replicability to qualitative methodology. An analysis of 52 articles published in Strategic Management Journal revealed that none of them were sufficiently transparent to allow for exact replication, empirical replication, or conceptual replication. We offer 12 transparency criteria, and behaviorally-anchored ratings scales to measure them, that can be ...
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作者:Richard, Orlando Curtae'; Wu, Jie; Markoczy, Livia Anna; Chung, Yunhyung
作者单位:University of Texas System; University of Texas Dallas; University of Macau; University of Idaho
摘要:Research summaryDrawing on the demographic faultline perspective and the concept of attribute-specific faultlines, we investigate the effect of top management team (TMT) relationship-related (gender, age, educational level) and task-related (functional background, tenure) faultline strengths on strategic change. In a panel study (2003-2015), we find that TMT relationship-related faultline strength (especially educational-level) negatively influences strategic change whereas TMT task-related fa...
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作者:Wibbens, Phebo D.
作者单位:INSEAD Business School
摘要:Research Summary This paper presents a formal model of how higher-order resources affect profit persistence. Higher-order resources provide an abstract representation of dynamic capabilities, and are defined as resources that do not affect profit directly, but can affect other resources that in turn affect profit over time. The model shows that higher-order resources lead to persistence not only in the level of profit, but also in its growth. Estimation of the model using empirical profit data...
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作者:Hsu, Greta; Kovacs, Balazs; Kocak, Ozgecan
作者单位:University of California System; University of California Davis; Yale University; Emory University
摘要:Research Summary In this study, we contribute to strategy and organizational theories of organizational adaptation by developing theory about the kinds of customers that facilitate an organization's ability to adapt to changing demand-side conditions. We propose that customers who have previously interacted with diverse types of organizations in the market convey informationally rich feedback that better enables organizations to understand and adapt to change-particularly in more rapidly chang...
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作者:Shi, Wei; Connelly, Brian L.; Mackey, Jeremy D.; Gupta, Abhinav
作者单位:University of Miami; Auburn University System; Auburn University; University of Washington; University of Washington Seattle
摘要:Research Summary A number of studies examine the extent to which boards compensate CEOs for their firm's performance (i.e., pay-for-performance), but these studies typically do not incorporate what CEOs actually do to bring about those performance outcomes. We suggest that directors will make stronger internal attributions about firm performance when the CEO engages in high levels of corporate strategic investment. CEOs that invest in firm growth essentially place their bets, so the pay-for-pe...
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作者:Hannah, Douglas P.; Eisenhardt, Kathleen M.
作者单位:University of Texas System; University of Texas Austin; Stanford University
摘要:Douglas P. Hannah and Kathleen M. Eisenhardt were recognized as a runner up for the 2019 Ralph Gomory Best Industry Studies Paper Award.