This study examines the association between certain audit firm characteristics and audit firm litigation risk. Previous research shows a link between audit client characteristics and audit firm litigation risk. However, insurance companies do not make ex ...more

This study investigates whether increasing a superior’s span of control improves the effectiveness of budgeting in eliciting truthful reports. Experimental results suggest that as the span of control is increased, superiors show a greater willingness to ...more

This paper examines whether peer reviews conducted under the AICPA’s self-regulatory model have been effective at signaling audit quality. Despite a long-standing debate about self-regulated peer review in the auditing profession, there is little empiric ...more

Economic theory suggests that multiple financial and non-financial measures (i.e., a strategic performance measurement system ‘‘SPMS”) be used in compensation contracting to properly direct employees’ attention and motivate behavior aligned with organiza ...more

We investigate the value of permanently reinvested earnings (PRE) of foreign subsidiaries of U.S. multinationals. We focus particularly on how firm value is affected by reinvesting PRE in financial rather than operating assets, where the reinvestment in ...more

The theories of investment under uncertainty and real options predict that uncertainty about, for example, oil prices will tend to depress current investment. We reinvestigate the relationship between the price of oil and investment, focusing on the role ...more

The characterization of return distributions and forecast of asset-price variability play a critical role in the study of financial markets. This study estimates four measures of integrated volatility – daily absolute returns, realized volatility, realiz ...more

Bernanke (1983) shows how uncertainty about energy prices may induce optimizing firms to postpone investment decisions, thereby leading to a decline in aggregate output. Elder and Serletis (2009) find empirical evidence that uncertainty about oil prices ...more

We use a supply-demand approach to value energy products exposed to emission cost uncertainty. We find closed form solutions for a number of popularly traded energy derivatives such as: forwards, European call options written on spot prices and European ...more

Proponents of corporate social responsibility (CSR) argue that CSR activities allow firms to improve relationships with key stakeholder groups and gain a sustainable competitive advantage over industry rivals. This study examines wealth effects of additi ...more

This research investigates buyer-supplier relationships in international markets. Research and practice have shown that buyer-supplier relationships benefit when partners to the relationship exhibit a long-term orientation. The extant literature suggests ...more

This article provides a review and analysis of institutional entrepreneurship research with a focus on the emergence of this literature within two largely divergent streams: sociology-based institutional theory and economics-based institutional economics ...more

While entrepreneurial activity has been an important force for social and ecological sustainability, its efficacy is dependent upon the nature of market incentives. This limitation is sometimes explained by the metaphor of the prisoner’s dilemma, which w ...more

We develop and validate measures of causation and effectuation approaches to new venture creation and test our measures with two samples of entrepreneurs in young firms. Our measure of causation is a well-defined and coherent uni-dimensional construct. W ...more

Interfirm relationships have received significant attention recently in the marketing and supply chain management literatures. Relationships and their impact on firm performance have been studied at length in these disciplines, with many studies predicti ...more

Current business strategies of increased responsiveness to customer needs and reduced costs through offshoring result in the need for faster and more frequent shipments over extended distances. This has an enormous negative impact on the environment. But ...more

Organizational resilience is a subject of great interest to organizational and strategy scholars. Drawing on over 1,000 years of historical data on the Republic of Rome, and focusing primarily on the period of its establishment (509 BC-338 BC), we identi ...more

We assessed the influence of task and team shared mental models (SMMs) on team effectiveness, as mediated by collective efficacy. Using a sample of 422 air traffic controllers representing 43 Navy teams from land-based towers, task SMMs exhibited a signi ...more

The ability of a firm to scan its environment for breakthrough innovations and develop new products is increasingly central to business success. However, many firms struggle to develop breakthrough innovations alone, and rely increasingly on their supply ...more

With its focus on product-market rivalry, competitive dynamics research fails to tell the whole story.  We develop a theory of factor-market rivalry to shed light on atypical rivals and competitive blind spots.  Focusing on resource versatility ...more

We develop a conceptual model of entrepreneurial exit which includes exit through liquidation and firm sale for both firms in financial distress and firms performing well. This represents four distinct exit routes. In developing the model, we complement ...more

This research empirically examines the importance of knowledge management processes to operational and overall organizational performance. Specifically, results indicate that a shared interpretation of knowledge among operational personnel mediates how k ...more

Trading partners continue to make significant investments in information technology (IT) infrastructure to facilitate the flow of market information across supply chains, yet the underlying mechanisms linking IT implementation to firm performance have no ...more

Purpose – The purpose of this paper is to analyze the importance of dispute systems for academic employees and to propose a procedure of voluntary binding arbitration, which would improve governance, promote organizational justice, and reduce litigation. ...more

The majority of research and practice tend to conceptualize innovation as a vertically coupled, intra-organizational process. We expand this perspective by conceptualizing innovation as a vertically decoupled, inter-organizational process and by studying ...more

Working collaboratively with suppliers is increasingly cited as a ‘‘best practice’’ in product development. The importance of sharing knowledge between buyer and supplier in this context has been well recognized, although comparatively little research ex ...more

Considerable extant research demonstrates the benefits of trust in buyer-seller relationships. More recent research points out downsides of the vulnerability inherent with trust. Recognizing this dilemma of trust, partners may offset the vulnerability of ...more

This article encapsulates ideas shared among the authors during the Inaugural Erin Anderson Business-to-Business Research Conference held at the Wharton School in October 2008. Although the authors span a diverse range of disciplines (i.e., business ethi ...more

Control-Based Channel Governance and Relative Dependence ...more

Electronic information tools have become increasingly popular with channel manufacturers in their efforts to manage resellers. Although these tools have been found to increase the efficiency of communications, researchers and practitioners alike have que ...more

This paper presents and tests a model of recovery management practices in business-to-business sales organizations. The linkages between organic and mechanistic approaches are integrated to provide a more comprehensive conceptualization of sales organiza ...more

Objectives: This study examined the interactive effects of cigarette package flavour descriptors and sensation seeking on adolescents’ brand perceptions. Methods: High school students (N=253) were randomly assigned to one of two experimental condit ...more

Heightened ethical concerns involving upstream suppliers (e.g., Peanut Corp, dairy suppliers to Chinese infant formula manufacturers), have sparked interest in how managers’ knowledge of suppliers’ behavior influences decision making. This paper explores ...more

This paper provides a foundation for future research on sustainability in marketing through the application of nine prominent organizational theories. Specifically, we consider the implications for sustainability offered by transaction cost economics, ag ...more

How does status consumption operate amongst the middle classes in less industrialized countries (LICs)—now exceeding one billion people—who have the spending power to participate effectively in consumer culture? Cultural globalization research suggests t ...more

Past research has found that changes in price endings can result in “left-digit effects” whereby the magnitude of an item’s price relative to the price of a reference product is influenced by the leftmost digits of both prices. We extend this work by inv ...more

Despite widespread attention to corruption and organizational change in the literature, to our knowledge, no research has attempted to understand the linkages between these two powerful organizational phenomena. Accordingly, we draw on major theories in ...more

It seems logical that performance is maximized when a business produces a creative marketing strategy and achieves marketing strategy implementation effectiveness. However, cultural tensions and resource competition may make it difficult, or impossible, ...more