Signaling theory is useful for describing behavior when two parties (individuals or
organizations) have access to different information. Typically, one party, the sender, must …

Scholars from multiple fields have shown increasing interest in the causes and
consequences of mergers and acquisitions (M&A). Although this proliferation of research …

The strategy literature has viewed novel business model design as a universally positive
antecedent of high performance in entrepreneurial ventures. Not only have scholars …

Information asymmetry is a condition wherein one party in a relationship has more or better
information than another. The information asymmetry concept is widely diffused throughout …

Recent studies suggest the relationship between dynamic capabilities and competitive
advantage may be jointly affected by organizational and environmental factors. We enrich …

Start-ups often post updates during equity crowdfunding campaigns. However, little is known
about the effects of such updates on crowd participation. We investigate this question by …

We posit that family firms often face a dilemma in their strategic decision making: whether to
maintain current socioemotional wealth or pursue prospective financial wealth. Applying …

Management scholars have demonstrated that CEOs look to cues provided from external
stakeholders when determining the direction and timing of strategic action. Research has …

Research summary: Prior literature drawing on the behavioral theory of the firm has not
considered how resource constraints impact the direction of organizational change in …

Building on the theoretical argument that a firm's ability to profit from social responsibility
depends upon its stakeholder influence capacity (SIC), we bring together contrasting …