A substantial body of research in management and related public policy fields concludes that recent decades saw greater dynamic competition throughout technology-intensive ("TI") industries, with wide-spread, steady increase in TI industry and business performance instability as key...

A simmering debate in strategic management pits two conflicting views on the impact of corporate-level factors on affiliated business units. quot;Mainstreamquot; proponents hold that corporate effects on business performance are substantial, while quot;revisionistquot; proponents hold that...

We explore whether acquiring CEOs and directors act consistently with the idea that their newly announced acquisitions will increase long-term firm value. Specifically, we examine postannouncement adjustments to CEOs' equity-based holdings and find acquiring CEOs tend to exercise options and...

Scholars from multiple fields have shown increasing interest in the causes and consequences of mergers and acquisitions (Mamp;A). While this proliferation of research has the potential to significantly improve our understanding of Mamp;A activity, absent is the necessary step of consolidating...

We develop an integrated set of propositions describing the relationships among CEO characteristics, the perceived trustworthiness of the CEO, and the board of directors’ decisions concerning the governance structure of the firm. In particular, we propose that CEO education, tenure,...