Long Range Planning最新文献

A conservative contradiction? The effect of CEO political ideology on strategic risk-taking during national partisan conflict 保守的矛盾？国家党派冲突中CEO政治意识形态对战略冒险的影响

IF 8.5 2区管理学

Long Range Planning Pub Date : 2025-10-03 DOI: 10.1016/j.lrp.2025.102584

Kerry Hudson

{"title":"A conservative contradiction? The effect of CEO political ideology on strategic risk-taking during national partisan conflict","authors":"Kerry Hudson","doi":"10.1016/j.lrp.2025.102584","DOIUrl":"https://doi.org/10.1016/j.lrp.2025.102584","url":null,"abstract":"Increasing polarization in U.S. politics has led the economics and finance literatures to examine its macroeconomic implications, revealing a counterintuitive effect: national partisan conflict reduces macroeconomic volatility, creating legislative gridlock that lowers investors' perceptions of risk. However, implications for management remain unclear, as no research has sought to explain heterogeneity in firms' responses to this phenomenon. We theorize that this occurs because partisan conflict induces shifts in strategic risk-taking, contingent upon differences in CEOs' risk aversion and cognitive disposition. Drawing on upper echelons theory, we hypothesize that conservative CEOs, who are typically risk averse, will be more willing to take strategic risks under the macroeconomic conditions associated with partisan conflict. A study of 375 firms from 2000 to 2022 supports this, showing a shift towards higher-risk strategies among conservative CEOs when partisan conflict is high. This effect is robust to industry effects and independent from other political and economic uncertainties. Additional analyses indicate that this is driven by CEOs' disposition rather than party bias, supporting an ideologically asymmetric, environmentally contingent mechanism whereby shifts in partisan conflict increase the significance of the attentional and cognitive tendencies associated with conservatism in determining firm-level risk-taking. These findings extend the managerial relevance of macro-level research on partisan conflict, offering theoretical explanations that evince its ostensibly unpredictable effects on firms’ strategic investment decisions.","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"28 1","pages":""},"PeriodicalIF":8.5,"publicationDate":"2025-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145254555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Symbolic or substantive? How shareholder heterogeneity shapes the purpose of the corporation 象征性的还是实质性的？股东异质性如何塑造公司的目标

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-09-22 DOI: 10.1016/j.lrp.2025.102582

Eduardo Schiehll , Henrique Castro Martins , Krista B. Lewellyn

{"title":"Symbolic or substantive? How shareholder heterogeneity shapes the purpose of the corporation","authors":"Eduardo Schiehll , Henrique Castro Martins , Krista B. Lewellyn","doi":"10.1016/j.lrp.2025.102582","DOIUrl":"10.1016/j.lrp.2025.102582","url":null,"abstract":"<div><div>This study investigates how the heterogeneity of shareholders’ financial and social interests creates tension around competing interpretations of the purpose of the corporation, particularly regarding their incompatibility and relative prevalence of initiatives that extend beyond profit maximization. These tensions are especially salient when shareholder activists—who possess both legal rights and economic influence—exert divergent pressures to achieve both financial and social goals, which then shapes how firms respond to such pressures. Based on a sample of 5302 shareholder-initiated proposals submitted to S&P 1500 firms, we find that when the variety of shareholders targeting a firm blends conflicting perspectives about pursuing profit and social goals to a greater extent, firms are more likely to respond with symbolic actions, for a consequential misalignment between advocated CSR policies and implemented practices. We also provide evidence that this association is weaker in the presence of activism and ownership by shareholders who publicly self-identify as socially oriented investors, suggesting that these investors influence both the credibility and the centrality of the social logic in managerial decision-making. Our results advance understanding of how firms navigate the complexities of achieving a purpose of the corporation beyond profit maximization, amid the evolving landscape of divergent shareholder interests and activism.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102582"},"PeriodicalIF":6.3,"publicationDate":"2025-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145155545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Embracing outward FDI while continuing exports? The impact of heterogeneity and vulnerability in family firms 在继续出口的同时接受对外直接投资？家族企业异质性与脆弱性的影响

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-09-20 DOI: 10.1016/j.lrp.2025.102581

Asimabha Bhowmick , Arindam Mondal , Somnath Lahiri

引用次数: 0

Creating high-quality innovations in China: The role of political ties and formal institutions 在中国创造高质量的创新：政治关系和正式制度的作用

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-09-04 DOI: 10.1016/j.lrp.2025.102572

Fei Jia , Junjie Hong , Chengqi Wang , Alan Au Kai Ming

{"title":"Creating high-quality innovations in China: The role of political ties and formal institutions","authors":"Fei Jia , Junjie Hong , Chengqi Wang , Alan Au Kai Ming","doi":"10.1016/j.lrp.2025.102572","DOIUrl":"10.1016/j.lrp.2025.102572","url":null,"abstract":"<div><div>Firms in emerging economies, such as China, are increasingly prioritizing high-quality technological innovations to boost global competitiveness. While the role of executive political ties in enhancing firms' innovation performance is well-documented, their specific contribution to fostering high-quality technological innovations remains underexplored. This study investigates how political ties influence innovation quality in China and analyses how certain firm- and region-specific institutions shape their effectiveness. Drawing on a sample of Chinese manufacturing firms, the findings reveal that political ties enhance high-quality innovations by offering financial, technological, and market-specific advantages. However, their effect is significantly moderated by formal institutions such as business group affiliation, foreign ownership, and region-level intellectual property rights (IPR) enforcement, which diminish firms’ reliance on political ties. These findings contribute to a nuanced understanding of the interplay between informal networks and formal institutions in driving innovation quality in emerging economies.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102572"},"PeriodicalIF":6.3,"publicationDate":"2025-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145027606","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The impact of firms’ going public mode and capital market liability of foreignness on their choice of jurisdiction in the United States 公司上市模式和外资资本市场责任对其在美国管辖权选择的影响

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-09-03 DOI: 10.1016/j.lrp.2025.102571

HoWook Shin , Young Hoon Jung

{"title":"The impact of firms’ going public mode and capital market liability of foreignness on their choice of jurisdiction in the United States","authors":"HoWook Shin , Young Hoon Jung","doi":"10.1016/j.lrp.2025.102571","DOIUrl":"10.1016/j.lrp.2025.102571","url":null,"abstract":"<div><div>Despite the rapid integration of global capital markets, firms often face capital market liability of foreignness (CMLOF) when raising capital abroad. Given that CMLOF stems from foreign firms' lack of legitimacy in host countries, we examine whether and how foreign and domestic firms’ modes of going public differently affect their adoption of legitimate domestic business practices (i.e., organizational isomorphism) to advance institutional theory that proposes organizational isomorphism as a remedy for the legitimacy deficit of firms. Among the two major modes of going public, reverse mergers (RM) are considered less legitimate than initial public offerings (IPOs). Thus, we argue that foreign firms already suffering from CMLOF require legitimacy even more to assure investors of their viability when using a less legitimate mode (RM), whereas domestic firms seek legitimacy more actively when using a more legitimate mode (IPO) that presents better opportunities to raise substantial capital. Focusing on Delaware incorporation as a legitimate business practice and analyzing IPO and RM deals in the United States from 2007 to 2016, we found empirical support of our arguments. Contributions and limitations are discussed.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102571"},"PeriodicalIF":6.3,"publicationDate":"2025-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145005192","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The influence of CEO social capital on turnaround success CEO社会资本对转型成功的影响

IF 8.5 2区管理学

Long Range Planning Pub Date : 2025-07-25 DOI: 10.1016/j.lrp.2025.102570

Florian Behling, Jan-Hendrik Meier, Jochen Zimmermann

引用次数: 0

Towards purposeful strategic planning: A mixed research synthesis across disciplines 走向有目的的战略规划：跨学科的混合研究综合

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-07-05 DOI: 10.1016/j.lrp.2025.102563

Bert George

引用次数: 0

Multiple goal conflicts and exploratory innovation: Does alignment between team and organization help or hurt? 多目标冲突和探索性创新：团队和组织之间的一致性是有益还是有害？

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-06-27 DOI: 10.1016/j.lrp.2025.102562

Saeedeh Ahmadi , Tom Mom , Alexander Schmidt , Henk Volberda

{"title":"Multiple goal conflicts and exploratory innovation: Does alignment between team and organization help or hurt?","authors":"Saeedeh Ahmadi , Tom Mom , Alexander Schmidt , Henk Volberda","doi":"10.1016/j.lrp.2025.102562","DOIUrl":"10.1016/j.lrp.2025.102562","url":null,"abstract":"<div><div>This study examines the varying impacts of multiple goal conflicts on employees' exploratory innovative behaviors. Although innovation is vital for an organization's survival and competitive advantage, the simultaneous pursuit of other goals may create goal conflicts for employees: increasing pressure on their scarce resources, including time and cognitive capacity. While much of the existing research discusses goal conflicts in general or emphasizes their negative performance consequences, we extend this literature by theorizing about two distinct ways individuals may interpret goal conflicts—either as a trade-off (e.g., innovation vs. revenue) or as complementary (e.g., innovation vs. safety)—and how these interpretations affect exploratory innovation. Moreover, we theorize that team–organization alignment moderates these effects. Our findings, based on multilevel, multisource, time-lagged data from a large energy company, indicate that conflicts involving innovation goals do not uniformly impact employee exploratory behavior. Increasing levels of conflict between innovation and safety goals are associated with employees conducting more innovation activities, but the expected negative effect of innovation-revenue conflicts is insignificant. Moreover, in a context of high alignment the innovation-safety conflict triggers employees to innovate more; in contrast, for the innovation-revenue conflict it is the opposite. Our study offers important implications for the literature on multiple goal conflict and highlights the critical roles of employees and their alignment with senior leadership.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 4","pages":"Article 102562"},"PeriodicalIF":7.4,"publicationDate":"2025-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144515330","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Artificial intelligence in adaptive strategy creation and implementation: Toward enhanced attentional control in strategy processes 人工智能在自适应策略创造和实施中的应用：增强策略过程中的注意控制

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-06-17 DOI: 10.1016/j.lrp.2025.102561

Tomi Laamanen , Ann-Kristin Weiser , Georg von Krogh , William Ocasio

引用次数: 0

Breaking organizational paths for strategic renewal: Towards a dialectical perspective 打破组织路径实现战略更新：辩证视角

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-06-13 DOI: 10.1016/j.lrp.2025.102560

Catherine Archambault Janvier , Wim Van Lent , Jörg Sydow

{"title":"Breaking organizational paths for strategic renewal: Towards a dialectical perspective","authors":"Catherine Archambault Janvier , Wim Van Lent , Jörg Sydow","doi":"10.1016/j.lrp.2025.102560","DOIUrl":"10.1016/j.lrp.2025.102560","url":null,"abstract":"<div><div>Strategic renewal is key to organizations' long-term success, but may be difficult to achieve if they are locked into a particular action path. Unfortunately, breaking organizational paths remains somewhat elusive due to a binary opposition in the strategic renewal literature between path breaking and path dependence, which hampers more complex process theorization. Asking what roles path breaking and path dependence exactly play in strategic renewal, we perform an in-depth case study of path-breaking interventions at fashion retailer Kiabi. This firm gradually moved from a path of disintegrative to integrative collaborative alignment between departments, whereby adaptive expectations regarding others’ willingness to collaborate gradually improved. Chiefly, we find that strategic renewal is a function of two concurrent dialectics: 1) between path-breaking interventions and relapses into old path-dependent tendencies; and 2) between initiatives by upper management and their firm-wide implementation. We contribute to the literature by demonstrating that organizational path dependence, through managerial reflection and action, can be integral to path breaking, and, more broadly, strategic renewal. Furthermore, we extend common notions of managerial agency in path breaking by highlighting the involvement of various hierarchical layers, while, paradoxically, we relax the strong assumption of managerial agency that exists in studies on open strategy.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 4","pages":"Article 102560"},"PeriodicalIF":7.4,"publicationDate":"2025-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144304928","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0