The notion that evolution is blind has somewhat hindered the integration of strategic choice to explanations of firm evolution. However, this article argues that it is mainly the Darwinian notion of survival selection that has difficulties in accommodating strategic choice. In contrast, another...

The literature remains ambiguous on the impact of corporate-specific executive training programs on organizational performance. Instead of considering economic and learning performance, we study executive training programs as platforms that political coalitions can use to promote or block...

Considering restrictions on alcohol advertising, public policy-makers around the world cite a set of studies conducted by alcohol and addiction researchers on the effects of alcohol advertising on alcohol consumption. These studies suggest that advertising is a cause of increased alcohol...

Business researchers have a growing interest in value creation perspectives to firm strategy. The present article provides a novel examination of the financial performance implications of strategic emphases on (i) creating novel consumer value vs. (ii) capturing value. The empirical study...

Although increasingly interested in individual investors' behavior and psychology, finance research has paid little attention to the fact that the same individuals who engage in investment behavior and trading of stocks of certain companies may also engage in other economic behavior, notably in...

Business researchers have begun to pay attention to how an individual's share ownership in a publicly-listed company may influence his/her repeat patronage towards the company's products and services. This article investigates the influence of share ownership on repeat patronage, in conjunction...

This conceptual article aims to contribute to the discussion of the role of individuals' perceptions and affective evaluations of companies in their decisions to buy/hold the companies' stocks. Based on psychological finance and marketing literatures, the authors explicate five different ways in...