Avoiding bankruptcy is a crucial task for any firm's top management team (TMT), and reasons for the failure to accomplish it have long been studied. While financial metrics can predict near-term bankruptcy, governance characteristics increase precision in the long term. With TMT heterogeneity,...

This article embarks on ethical trade-offs at the sustainability/finance interface by contrasting shareholders' interest in short-term financial returns with society's interest in counteracting ecological and social grievances. Scrutinizing share repurchases, we investigate a firm's communicated...

Academics and practitioners emphasize the rising importance of Chief Human Resource Officers (CHROs). CHROs act as heads of staff—they motivate the personnel and offer guidance. This study helps clarify the impact of increasingly relevant CHROs and reveals how their company and role tenure...

Implementation intentions, as conceptualized in the Rubicon model of action phases, facilitate the initiation of intended action. As a self-regulatory strategy, implementation intentions avoid the shortcoming of intention models (i.e., theory of planned behavior), which are able only partially...

While the concept of dynamic managerial capabilities was initially developed to understand top managers' strategic decisions, we theorize that it can explain how middle managers successfully contribute to functional outcomes. In this paper, we apply the dynamic managerial capabilities...

Since start‐ups often own cutting‐edge technology and knowledge, acquiring a start‐up can provide buyers with a unique opportunity to boost their radical innovativeness. As a result, start‐up acquisitions have increasingly gained importance. Acquirers, however, face difficult decisions...

Due to the high importance and severe consequences of credit ratings, we investigate the effect inter‐firm coopetition—simultaneous cooperation and competition—has on credit ratings. So far, coopetition research has disregarded its effect on the debt market and research on credit ratings...

Business angels (BAs) and venture capitalists (VCs) play major roles in the early funding stages of a venture. Although a significant proportion of venture funding rounds results from multiple investor types, most existing research takes an isolated view of either BAs or VCs. Research on the...

Business angels (BAs) and venture capitalists (VCs) play major roles in the early funding stages of a venture. Although a significant proportion of venture funding rounds results from multiple investor types, most existing research takes an isolated view of either BAs or VCs. Research on the...