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Full-Text Articles in Business

Manu Militari: The Institutional Contingencies Of Stakeholder Relationships On Entrepreneurial Performance, Shon R. Hiatt, W. Chad Carlos, Wesley D. Sine Sep 2017

Manu Militari: The Institutional Contingencies Of Stakeholder Relationships On Entrepreneurial Performance, Shon R. Hiatt, W. Chad Carlos, Wesley D. Sine

Faculty Publications

This study examines how ventures can leverage relationships with heterogeneous government stakeholders to enhance survival in different institutional environments. We consider how the distinct resources provided from venture ties to military and political actors represent complementary strategic assets that differentially influence performance in varying political and economic environments as well as under conditions of violence and political conflict. Empirically, we examine the effect of these respective stakeholder relationships on new venture survival across 10 countries over a 65-year period. By distinguishing between the resources obtained through relationships with different types of government stakeholders and showing how the value of these …


Status Spillovers, Brian P. Reschke, Pierre Azoulay, Toby E. Stuart Mar 2017

Status Spillovers, Brian P. Reschke, Pierre Azoulay, Toby E. Stuart

Faculty Publications

When an actor experiences a sudden gain in status—for example, when a scientist wins a Nobel Prize, or a film director wins an Oscar—what does this increase do to the fates of that actor’s many ‘neighbors’? Do they bask in the reflected glory of the prize recipient, and therefore gain with her? Or, does competition for attention ensue, attenuating the recognition neighbors otherwise would have received? We investigate these questions in science. Using expert-assigned article keywords, we identify papers that are topically related to publications of future appointees to the prestigious Howard Hughes Medical Institute (HHMI). In difference-in-difference specifications we …


Strategic Silence: Withholding Certification Status As A Hypocrisy Avoidance Tactic, W. Chad Carlos, Ben William Lewis Feb 2017

Strategic Silence: Withholding Certification Status As A Hypocrisy Avoidance Tactic, W. Chad Carlos, Ben William Lewis

Faculty Publications

We examine why organizations that obtain prominent certifications may at times elect not to publicize them. Drawing on the impression management literature, we argue and show that concerns about being perceived as hypocritical may cause organizations to strategically withhold their certification status. Using a longitudinal panel of corporations that were members of the Dow Jones Sustainability Index, a prominent environmental certification, we show that in the face of reputational threats, organizations are less likely to publicize their certification status when the threat appears to directly contradict the claims implied by the certification. Our findings suggest that the threat of hypocrisy …