Strategic Leadership & Governance IG

The Benefits of a Machiavellian CEO

By J Katherine Bahr CEOs have long been criticized for their tendency toward the dark triad of personality traits: narcissism, psychopathy and Machiavellianism. Ample research shows that dark triad traits endanger…

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Narcissism Harms Inter-Unit Knowledge Transfer

High inter-unit competition worsens the situation as narcissistic executives are concerned with their sense of superiority and uniqueness; however, high environmental complexity or dynamism can combat such negative effects as…

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How Should Top Management Teams be Structured?

Read this post and learn: Three reasons for top management team (TMT) structure development: instrumental, institutional, and instructionalist The interplay of formal and informal structures: competing vs. complementary dynamics It…

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Figure depicting underwriting fee, # of IPOs in 2009-2017

How Are Underwriters and IPO Firms Paired in a Nascent Stock Market?—Implications for Securities Regulators and Investors

By Yan “Anthea” Zhang (Rice University), Jin Chen (University of Nottingham Ningbo China), Haiyang Li (Rice University), Jing Jin (University of International Business and Economics, China) In a mature stock…

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How to Choose Patents as Loan Collaterals

By Yan “Anthea” Zhang, Zhuo Chen and Yuandi Wang Patents are important assets to many firms. Firms can not only use patents to protect their new inventions, but also can secure…

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Competitive repertoire complexity: Governance antecedents and performance

In boxing, the fight does not always go to the bigger or stronger person, or even to whomever throws the most punches—the fight is sometimes won by the boxer who…

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From proprietary to collective governance

As firms consider transitioning proprietary products to more open platforms to grow market share and relevance, we suggest that managers consider the concerns of external participants when designing a system…

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Time and Space in Strategy Discourse: Implications for Intertemporal Choice

Executives often prioritize maximizing immediate returns over investing to build a long‐term competitive advantage. How they think about the future offers one explanation for this short‐termism. This article distinguishes two…

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How media coverage of corporate social irresponsibility increases financial risk

This article examines the effect of negative news on financial risk. It shows that negative media articles regarding environmental, social, and governance (ESG ) issues increase a firm’s credit risk.…

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The Dark Side of Institutional Intermediaries

Investors and entrepreneurs face uncertainty when deciding what firms to start and fund. We show that an intermediation effort to make entry easier for entrepreneurs increases the uncertainty that entrepreneurs…

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