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作者:Leibel, Esther
作者单位:Western University (University of Western Ontario)
摘要:Research SummarySocial and environmental challenges in our society offer opportunities for innovation. Having a strong mission can enhance both opportunity recognition and strategic alignment; however, aligning strategy and mission can be challenging when an organization pursues its social mission in pluralistic ways. How can mission-driven organizations manage pluralistic local initiatives while cohering to their missions? Using an inductive field study, I trace how Slow Money, an organizatio...
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作者:Eaglin, F. Christopher
作者单位:Duke University
摘要:Research SummaryThis article analyzes the impact of initial conditions on firm strategy selection and performance amongst small firms in emerging markets. Leveraging a proprietary dataset from a minibus taxi financier in South Africa, I estimate the impact of lower than expected fuel prices in the first 3 months of operation on a critical strategic choice: asset utilization. Firms receiving this fuel shock are more likely to operate fewer days, drive fewer kilometers, and work fewer hours. Thi...
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作者:Li, Jingyuan; Kim, Yong H.; Uribe, Jose
作者单位:The Chinese University of Hong Kong, Shenzhen; Texas A&M University System; Texas A&M University College Station; Mays Business School; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:Research SummaryWe propose that firms engaging in community corporate social responsibility (CSR) can acquire valuable local knowledge that improves their core operations. We test our proposition leveraging a unique context-the Securities Association of China's pairing assistance scheme under the country's targeted poverty alleviation program. Under this scheme, financial brokerage houses conducted community CSR in quasi-randomly matched impoverished regions. We find support for the local know...
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作者:Law, Christopher G.; Howell, Travis; Bingham, Chris; Bermiss, Y. Sekou
作者单位:Texas A&M University System; Texas A&M University College Station; Arizona State University; Arizona State University-Tempe; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:Research Summary: Black women are drastically underrepresented in entrepreneurship, prompting questions about what factors may increase their representation. In this study, we focus on one factor: working as an employee in a startup. While research shows that employment in startups increases the likelihood of founding one's own company, we explore whether this effect differs for Black women. Using abductive methods and a proprietary dataset from Venture For America, we find that the relationsh...
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作者:Gibbs, R. Anthony; Simcoe, Timothy S.; Waguespack, David M.
作者单位:Purdue University System; Purdue University; Boston University; National Bureau of Economic Research; University System of Maryland; University of Maryland College Park
摘要:Research Summary Strategic management research often uses accounting data, despite well-known concerns that earnings management could obscure the link between actual and measured performance. We apply methods from the econometric literature on bunching to estimate that around 15 percent of firm-year observations in Compustat manipulate accounting earnings to achieve profitability. We show that cash-based performance measures are less susceptible to manipulation and that the choice of accrual v...
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作者:Tang, Shirley; Elfenbein, Daniel W.; Pasipanodya, Tatenda
作者单位:Boston University; Washington University (WUSTL)
摘要:Research SummarySelf-regulation is often proposed as a substitute for government regulation. We examine a setting in which a subset of firms voluntarily committed to transparency standards despite immediate competitive disadvantages, not merely to preempt regulation but to succeed under future mandatory rules they helped enact through lobbying. Focusing on the Extractive Industries Transparency Initiative (EITI), an anti-corruption multi-stakeholder initiative, we show that firms initially inc...
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作者:Raffaelli, Ryan; Zuzul, Tiona; Gulati, Ranjay; Rivkin, Jan
作者单位:Harvard University
摘要:Research SummaryFraming is critical for leaders who must build support for strategic renewal. While research has concentrated on renewal that replaces one set of capabilities with another, we explore a distinctive challenge: how leaders persuade stakeholders to endorse the reprioritization of resources toward a capability set that must coexist with an existing one. Moreover, while research has focused on how leaders build employee support for renewal, we examine how to persuade those overseein...
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作者:Raj, Manav; Eggers, J. P.
作者单位:University of Pennsylvania; New York University
摘要:Research Summary We explore how the emergence of digital distribution platforms (DDPs), platforms that facilitate transactions between consumers and incumbents, affects industry structure and competition. Studying the effect of delivery platforms on restaurants in the United States from 2012 to 2018, we show that DDP emergence increases exit and concentration and reduces business dynamism. We provide speculative evidence that these changes are driven by both an increase in inter-firm competiti...
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作者:Balachandran, Sarath; Clement, Julien
作者单位:University of London; London Business School; Stanford University
摘要:Research SummaryWe investigate why firms imitating the same competitor's strategy in the same environment often replicate different components of that strategy. We argue that such divergence can arise because firms vary in the internal interdependencies that underlie their strategies. When a firm significantly differs from a competitor in how one component of its strategy interacts with other components, the consequences of replicating the competitor's choices about that component are harder t...
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作者:Simsek, Z.