Stakeholder Strategy

Enhancing Machine Learning Model Predictions with Variable Matching

Video abstract for the Strategic Management Journal article, “Making the most of AI and machine learning in organizations and strategy research: Supervised machine learning, causal inference, and matching models” authored…

How Entrepreneurs Develop Diverse Social Ties, even in Divided Societies

Social networks provide entrepreneurs with invaluable resources, from finding funding and building a customer base to sourcing suppliers and specialists. The right social network not only reduces start-up risk, but…

SMS 44th Annual Conference Istanbul

Strategic Management of Fault Lines, Contradictions, and Divergences

New Directions in Stakeholder Theory

Drawing inspiration from the original Toronto Conference on stakeholder theory and the SMS Annual Conference’s return to a location so strongly associated with a critical period in the development of stakeholder theory, this conference extension at the University of Toronto will focus on revisiting essential historical foundations of stakeholder theory and contemplate its future.

The relationship between employee approval and CEO dismissal

Video abstract for the Strategic Management Journal article “Do employees’ views matter in corporate governance? The relationship between employee approval and CEO dismissal” authored by Danni Wang, Qi Zhu, Bruce…

Jay Barney: Why Resource-based Theory Must Incorporate a Stakeholder Perspective

Some argue that since shareholders are the only stakeholder who have a claim on a firm’s profits, managers should focus only on maximizing shareholder wealth. Not only will this satisfy…

Flammer & Bansal, Does a Long-Term Orientation Create Value?

This paper shows that corporate short-termism is hampering business success. We show clear, causal evidence that imposing long-term incentives on executives—in the form of long-term executive compensation—improves business performance. Long-term…

Biranu, Gambardella, & Valentini on Bribery and Investment

We ask whether, along with ethical issues, bribing affects the behavior and performance of firms in A frica and L atin A merica. Our statistical analysis shows that bribe payments…

Location matters: Valuing firmspecific nonmarket risk…global mining industry

We argue that mines located near environmentally sensitive water sources are subject to nonmarket risks arising from the potential collective actions of local stakeholders and their allies. Stakeholder mobilization can…

Caroline Flammer – Product market competition & CSR

This study examines whether product market competition affects corporate social responsibility (CSR). To obtain exogenous variation in product market competition, I exploit a quasi-natural experiment provided by large import tariff…

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