Based on the power dynamics in strategic leadership ranks, this study examines whether chief executive officer (CEO) celebrity serves as a source of CEO power and empirically investigates its role in management dismissal. In the spirit of scapegoating theory, this study proposes that CEO...

This paper develops a theoretical model to investigate the effect of airline alliances on market outcome for fairly general demand and cost specifications. Two typical alliance types are examined: complementary and parallel alliances. The complementary alliance refers to the case where two firms...

This study examines the effect of top management team (TMT) international exposure on the formation of international alliances. We develop our arguments based on relational capital theory to suggest that top executives with international exposure are critical to firms' international alliance...

This study examines the effects of the degree of industry globalization on international alliance formation in terms of the type of alliance chosen by partner firms and stock market responses to the chosen type of alliance. Using a sample of 244 international alliances formed between U.S. and...

This study examines how sudden shrinkage of domestic demand affects firm-level export performance. Using the Asian economic crisis as a natural experiment, we show that while the industrial organization (IO) economics and resource-based view (RBV) apply well in the pre-crisis period, the real...

Recently, major airlines have been extending their service networks via strategic alliances with other airlines as a means of forming global service networks. This theoretical analysis examines the effects on firms' outputs and profits, air fare, and economic welfare of two types of airline...

This paper has three main objectives: (a) to identify the major factors that multinational companies (MNCs) consider important when they decide the locations of their regional distribution centers, and (b) to understand how European and North American MNCs assess Korean cities (Seoul/Incheon;...