The past few decades have witnessed numerous crises that have drawn increasing attention
to the study of crisis leadership. However, research in this field remains fragmented and …

Problemistic search theory, with its roots in the Carnegie School tradition, describes a
behaviorally plausible process by which firms learn from performance feedback. A firm's …

The aim of this paper is to investigate the relationship between environmental, social, and
governance (ESG) controversies and firm market value. We use a unique dataset of more …

The COVID-19 pandemic has significantly impacted businesses worldwide by lowering
demand, impeding operations, stressing supply chains, and limiting access to finance. Yet …

Sensemaking is the process through which people work to understand issues or events that
are novel, ambiguous, confusing, or in some other way violate expectations. As an activity …

Corporate sustainability confronts managers with tensions between complex economic,
environmental, and social issues. Drawing on the literature on managerial cognition …

The digital transformation of Chinese SMEs faces the reality of slow start-up and difficult
deepening. Considering the multi-stage characteristics of SMEs' digital transformation, this …

In this paper, we conceptually develop a mindsponge mechanism of absorbing and ejecting
cultural values. The mindsponge, with its underlying themes of multi-filtering information …

Storytelling represents a key element in the creation and propagation of culture. Three main
accounts of the adaptive function of storytelling include (a) manipulating the behavior of the …

Research summary: Exploiting opportunities is critical to a firm's competitive advantage. Not
surprisingly, there has been considerable interest in the processes by which top managers …