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  • 1.
    Bradley, Steven W.
    et al.
    Baylor University.
    Shepherd, Dean A.
    Indiana University.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    The importance of slack for new organizations facing 'tough' environments2011In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 48, no 5, p. 1071-1097Article in journal (Refereed)
    Abstract [en]

    Strategy-based models centre on the management of unique and valuable resources to take advantage of specific market opportunities. Less examined in this approach are the roles of slack resources in the process of generating firm value – particularly for new firms in ‘tough’ environments where fewer opportunities are available. Using a cohort panel of 951 new manufacturing firms over nine years, our findings provide evidence for the importance of financial slack resources in understanding opportunity generation and also for reconciling theoretical arguments regarding the slack resource–performance link. We find that while financial slack does provide buffering capacity (in hostile and dynamic environments), and flexibility for experimentation (in munificent and dynamic environments) as suggested by prior theory, the most positive relationship between financial slack and performance for new firms was in low discretion environments (hostile and stable environments) – where firms need to develop their own opportunities. The implications of these findings for theory are discussed.

  • 2.
    Honig, Benson
    et al.
    McMaster University, Canada.
    Lampel, J.
    City University London, United Kingdom.
    Siegel, D.
    Drnevich, P.
    Ethics in the production and dissemination of management research: Institutional failure or individual fallibility?2014In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 51, no 1, p. 118-142Article in journal (Refereed)
    Abstract [en]

    Over the past 50 years, we have witnessed considerable growth in business education, increased competition among business schools, and higher expectations for faculty scholarship. Increasing competition among scholars for limited publication opportunities in top-tier journals and the proliferation of bottom-tier journals has given rise to a variety of systemic ethical issues and dilemmas, for scholars and their institutions. In this article, we critically examine the current state of normative publishing activities and expectations, including doctoral education, promotion and tenure processes and research expectations, editorial and peer review processes, academic freedom, acceptable breadth, depth, and accuracy or legitimacy of research designs and methodologies, academic integrity, replication, and data availability concerning the trends and implications of contemporary and future management scholarship. We also provide recommendations for additional research and discussion on these issues.

  • 3.
    Lockett, A.
    et al.
    Nottingham University Business School.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Davidsson, Per
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Girma, S.
    Nottingham University Business School.
    Organic and acquisitive growth: Re-examining, testing and extending Penrose’s growth theory2011In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 48, no 1, p. 48-74Article in journal (Refereed)
    Abstract [en]

    Edith Penrose's theory of firm growth postulates that a firm's current growth rate will be influenced by the adjustment costs of, and changes to a firm's productive opportunity set arising from, previous growth. Although she explicitly considered the effect of previous organic growth on current organic growth, she was largely silent about the effect of previous acquisitive growth. In this paper we extend Penrose's work to examine how previous rates of organic and acquisitive growth influence current organic growth. Employing a panel of Swedish firms over a 10-year period, our results suggest the following. First, previous organic growth acts as a constraint on current organic growth. Second, previous acquisitive growth has a positive effect on current organic growth. We conclude that organic growth and acquisitive growth constitute two distinct strategic options facing the firm, which have a differential impact on the future organic growth of the firm.

  • 4. Marotto, M.
    et al.
    Roos, Johan
    Stockholm School of Economics.
    Victor, B.
    Collective virtuosity in organizations: A study of peak performance in an orchestra2007In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 44, no 3, p. 388-413Article in journal (Refereed)
    Abstract [en]

    The purpose of this paper is to build theory on peak performance at the group level. Peak performance transcends ordinary performance and is associated with a subjective experience in which one loses a sense of time and space as well as feels great joy and bliss. We chose to study this phenomenon at the group level through a methodology of participant observation in an orchestra. We found that groups can be transformed by their own performance in a reflexive process in which virtuosity, or individual peak performance, becomes collective. We offer a prepositional model of collective virtuosity in organizations, and offer directions for further research. © Blackwell Publishing Ltd 2007.

  • 5.
    Melin, Leif
    et al.
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Johnson, Gerry
    Whittington, Richard
    Guest Editors' Introduction. Micro Strategy and Strategizing: Towards an Activity-Based View2003In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 40, no 1, p. 3-22Article in journal (Refereed)
  • 6.
    Miller, Danny
    et al.
    HEC Montreal and University of Alberta, Canada.
    Le Breton-Miller, Isabelle
    HEC Montreal and University of Alberta, Canada.
    Minichilli, Alessandro
    Bocconi University, CRIO, Italy.
    Corbetta, Guido
    Bocconi University, CRIO, Italy.
    Pittino, Daniel
    University of Udine, Italy.
    When do non-family CEOs outperform in family firms? Agency and behavioural agency perspectives2014In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 51, no 4, p. 547-572Article in journal (Refereed)
    Abstract [en]

    Family firms represent a globally dominant form of organization, yet they confront a steep challenge of finding and managing competent leaders. Sometimes, these leaders cannot be found within the owning family. To date we know little about the governance contexts under which non-family leaders thrive or founder. Guided by concepts from agency theory and behavioural agency theory, we examine the conditions of ownership and leadership that promote superior performance among non-family CEOs of family firms. Our analysis of 893 Italian family firms demonstrates that these leaders outperform when they are monitored by multiple major family owners as opposed to a single owner; they also outperform when they are not required to share power with co-CEOs who are family members, and who may be motivated by parochial family socioemotional priorities.

  • 7.
    Minichilli, Alessandro
    et al.
    Bocconi University.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Corbetta, Guido
    Bocconi University.
    Daniele, Mario
    Bocconi University.
    CEO Succession Mechanisms, Organizational Context, and Performance: A Socio-Emotional Wealth Perspective on Family-Controlled Firms2014In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 51, no 7, p. 1153-1179Article in journal (Refereed)
    Abstract [en]

    This article extends the literature on CEO succession and financial performance by addressing corporate owners' mixed motives and desires to protect their interest in being in business. We draw on a Socio-Emotional Wealth (SEW) perspective to investigate how the choice of one of three succession mechanisms – relay succession, ‘horse races’ among internal CEO candidates, and hiring from outside – may effectively balance trade-offs between corporate owners' non-financial SEW motives and the firm's financial performance. We find that implementing one of these succession mechanisms reduces the negative impact that typically characterizes CEO transitions in family firms. We also show that family presence on the board of directors offsets the benefits of having selected these balancing succession mechanisms, in either placing too much emphasis on SEW, or creating negative dynamics that make the chosen succession mechanisms less effective.

  • 8. Zahra, Shaker
    et al.
    Sapienza, Harry
    Davidsson, Per
    Jönköping University, Jönköping International Business School. Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Entrepreneurship and Dynamic Capabilities: A Review, Model and Research Agenda2006In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486, Vol. 25, no 4, p. 917-955Article in journal (Refereed)
1 - 8 of 8
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