Managers in international joint ventures work with resources contributed by investors from multiple nationalities. Fan Wu shows through a series of experimental studies among students and managers from China, South Korea, Germany, and the USA that cultural affinity between the manager and one of...

This paper examines how different sources of CEO power affect the incorporation of performance feedback in target adjustments. We theorize that both CEOs' structural and prestige power can bias the target updating process if they use their power to extract rent by bargaining for lower targets....