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作者：Fang, Christina; Kim, Ji-hyun (Jason)
作者单位：New York University; Yonsei University
摘要：Research Summary: We ask two questions: First, what are the underlying mechanisms that explain the power of modularity? Second, is the power of modularity robust in nonmodular problems? We replicate and then reconcile the key results in two prior models on modularity: E&L and S-search. Our results yield several important insights. First, a significant portion of the advantage enjoyed by S-search is attributed to multi-bit mutation. Second, organization-evaluation needs to be used in combinatio...
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作者：Jeong, Yujin; Siegel, Jordan I.
作者单位：American University; University of Michigan System; University of Michigan
摘要：Research Summary: Social status and its dynamics may be an important predictor of which firms will engage in large-scale bribery. Prior theory is incomplete, however, and prior studies have lacked comprehensive and reliable data on firm-level bribery decisions. We offer a new theoretical prediction and a novel data set on high-level corruption in South Korea, where the accounting records of two presidents in the 1987-1992 era were exposed to after-the-fact legal and public scrutiny. We find th...
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作者：Li, Weiwen; Krause, Ryan; Qin, Xin; Zhang, Junsheng; Zhu, Hang; Lin, Shanshan; Xu, Yuehua
作者单位：Sun Yat Sen University; Texas Christian University; Sun Yat Sen University
摘要：Research Summary: It is well known in corporate governance scholarship that independent directors differ in the vigilance with which they monitor corporate insiders. This difference depends largely on whether independent directors are concerned more with their public reputation or with their prospects in the director labor market. The explanation for this difference depends on an assumption of information asymmetry, however. In the present study, we relax the assumption of information asymmetr...
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作者：Kang, Ribuga; Zaheer, Akbar
作者单位：Chinese University of Hong Kong; University of Minnesota System; University of Minnesota Twin Cities
摘要：Research Summary: We ask if managerial opportunism is a significant problem in alliance partner choice and examine the role of corporate governance mechanisms in explaining this choice. Using a sample of 313 alliances of U.S. firms from the pharmaceutical and biotechnology industries from 1992 to 2010, we find that managerial incentives lead to managerial preference for relationally risky distant partners over existing and new close partners. Further, board monitoring encourages managers to pu...
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作者：Hawk, Ashton; Pacheco-de-Almeida, Goncalo
作者单位：University of Colorado System; University of Colorado Boulder; Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary: To investigate time compression diseconomies (TCD), this study estimated time-cost elasticities using 459 oil and gas global investment projects (1997-2010). Results show that the average cost of accelerating investments is negative: a firm could cut $6.3 million in costs of a single project by accumulating asset stocks 1month faster. About 88% of the projects exhibit negative time-cost elasticities with over 39% of unrealized economies of time compression. Only 12% of the pr...
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作者：Gupta, Vishal K.; Mortal, Sandra C.; Guo, Xiaohu
作者单位：University of Alabama System; University of Alabama Tuscaloosa; University of Alabama System; University of Alabama Tuscaloosa
摘要：Research Summary: The increasing number of women chief executives motivates considerable interest in examining possible gender differences in CEO compensation. Recently, Hill, Upadhyay and Beekun reported that female CEOs receive greater compensation than male CEOs, which runs counter to common wisdom that the gender pay gap in the labor market favors men over women. With the goal of contributing to cumulative knowledge development in this area, we seek to reexamine Hill et al.'s finding about...
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作者：Kaiser, Ulrich; Kongsted, Hans C.; Laursen, Keld; Ejsing, Ann-Kathrine
作者单位：University of Zurich; Copenhagen Business School; Norwegian University of Science & Technology (NTNU)
摘要：Research Summary: A learning-by-hiring approach is used to scrutinize scientists' mobility in relation to the recruiting firms' subsequent innovation output. Our starting point is that among firm hires, individuals with university research experiencehired from universities or firmscan be particularly valuable. However, conflicting institutional logics between academia and industry makes working with academic scientists challenging at times for firms. We suggest two solutions to this difficulty...
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作者：Bowen, Frances E.; Bansal, Pratima; Slawinski, Natalie
作者单位：University of London; Queen Mary University London; Western University (University of Western Ontario); Memorial University Newfoundland
摘要：Research Summary: Much of the research on corporate collective action to manage common pool resources is focused on coordinated actions, such as voluntary programs, rather than collaborative actions, such as technology sharing. In this article, we examine inductively the collective actions taken by a consortium of 12 oil sands companies to address three environmental issues of different scale. We identified a set of organizing rules that determined whether the relationship among industry membe...
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作者：Luoma, Jukka; Falk, Tomas; Totzek, Dirk; Tikkanen, Henrikki; Mrozek, Alexander
作者单位：Aalto University; University of Passau; Alphabet Inc.; Google Incorporated
摘要：Research Summary: Low-price market entries, aiming for rapid sales growth, tend to prompt strong competitive reactions. This research explores whether and how firms using low-price entry strategies can mitigate retaliatory incumbent reactions. An experiment with 656 managers shows that entrants can attenuate the strength of incumbents' responses by fostering perceptions of high aggressiveness or low commitment. Entrants may be able to accomplish this by adjusting their entry strategy to embed ...
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作者：Lee, Brandon H.; Struben, Jeroen; Bingham, Christopher B.
作者单位：University of Melbourne; emlyon business school; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：Research Summary: While extant research recognizes the importance of collective action for market formation, it provides little understanding about when and to what extent collective action is important. In this article, we develop a novel theoretical framework detailing what collective action problems and solutions arise in market formation and under what conditions. Our framework centers on the development of market infrastructure with three key factors that influence the nature and extent o...
