Long Range Planning最新文献_第3页

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 6.3 2区管理学

Long Range Planning Pub Date : 2025-12-01 Epub 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":"10.1016/j.lrp.2025.102584","url":null,"abstract":"<div><div>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.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102584"},"PeriodicalIF":6.3,"publicationDate":"2025-12-01","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

Bounded-born globals: Rethinking internationalization in the platform economy 边界出生的全球人：重新思考平台经济中的国际化

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-12-01 Epub Date: 2025-10-22 DOI: 10.1016/j.lrp.2025.102587

Ana Botella-Andreu, Jose Pla-Barber, Andrea Pallás-Rocafull

{"title":"Bounded-born globals: Rethinking internationalization in the platform economy","authors":"Ana Botella-Andreu, Jose Pla-Barber, Andrea Pallás-Rocafull","doi":"10.1016/j.lrp.2025.102587","DOIUrl":"10.1016/j.lrp.2025.102587","url":null,"abstract":"<div><div>This paper develops a process-based explanation of how platform-based multinational companies (PMNCs) expand internationally. Drawing on a longitudinal case study of Netflix, we identify a two-stage sequencing pattern: an initial phase of rapid geographic rollout enabled by digital scalability, followed by a slower and more uneven process of market penetration shaped by institutional frictions, localized user preferences, and the boundedness of network effects.</div><div>To conceptualize this dynamic, we propose the Network-Bounded Sequencing Model, which shows that PMNCs do not sequence their international growth based on traditional criteria such as geographic proximity, psychic distance, or entry-mode risk. Instead, their expansion is driven by platform-specific logics that combine global scalability with local constraints. We further introduce the concept of the Bounded-Born Global firm—digital platforms that attain rapid global availability but face delayed and selective engagement due to the need for both local adaptation and infrastructure.</div><div>This framework diverges from the gradualist learning logic of the Uppsala model and the rapid, uniform expansion assumed in Born Global theories, offering a more accurate account of how platform firms internationalize in digitally mediated but institutionally complex environments.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102587"},"PeriodicalIF":6.3,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145362726","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 : 2025-12-01 Epub 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":"2025-12-01","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

Digital platforms, internal digitalization, and internationalization of SMES 数字化平台、内部数字化、中小企业国际化

IF 6.3 2区管理学

Long Range Planning Pub Date : 2025-12-01 Epub Date: 2025-11-10 DOI: 10.1016/j.lrp.2025.102588

Chen Zhang , Tao Bai , Abby Jingzi Zhou , Steven Shijin Zhou

{"title":"Digital platforms, internal digitalization, and internationalization of SMES","authors":"Chen Zhang , Tao Bai , Abby Jingzi Zhou , Steven Shijin Zhou","doi":"10.1016/j.lrp.2025.102588","DOIUrl":"10.1016/j.lrp.2025.102588","url":null,"abstract":"<div><div>Digital platforms provide critical external resources for small and medium-sized enterprises (SMEs) seeking to internationalize. Drawing on the SME internationalization and platform literature, this study theorizes the dual role of digital platforms as both enablers and constraints for SMEs in pursuing internationalization. We distinguish between two types of digital platforms—commercial platforms and social platforms—and examine their distinct influences on SMEs’ internationalization. We further explore how internal digitalization, as a key internal resource, moderates these effects. Using a panel dataset of 714 publicly listed SMEs in China from 2009 to 2023, we find that both commercial and social platforms positively influence the internationalization of SMEs. Additionally, the positive effect of social platforms is stronger. Moreover, we find that internal digitalization has a negative moderating effect on the positive relationship between commercial platforms and SME internationalization. Our findings enrich theoretical discussions on SME internationalization and platform research, and offer practical implications for SMEs, platforms, and their stakeholders.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 6","pages":"Article 102588"},"PeriodicalIF":6.3,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145492159","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 : 2025-12-01 Epub 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":"2025-12-01","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 : 2025-12-01 Epub Date: 2025-09-20 DOI: 10.1016/j.lrp.2025.102581

Asimabha Bhowmick , Arindam Mondal , Somnath Lahiri

引用次数: 0

Descendant CEOs and cross-border acquisitions in family firms: The moderating role of family involvement 家族企业ceo后裔与跨国收购：家族参与的调节作用

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-08-01 Epub Date: 2025-05-23 DOI: 10.1016/j.lrp.2025.102538

Kinshuk Saurabh , Vikas Kumar

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 : 2025-08-01 Epub Date: 2025-07-05 DOI: 10.1016/j.lrp.2025.102563

Bert George

引用次数: 0

Why some are less willing to share: Competitive domains and knowledge transfer in multi-unit organizations 为什么有些人不愿意分享：多单位组织中的竞争领域和知识转移

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-08-01 Epub Date: 2025-05-29 DOI: 10.1016/j.lrp.2025.102537

Ulf Andersson , Gabriel R.G. Benito , Randi Lunnan , Sverre Tomassen

{"title":"Why some are less willing to share: Competitive domains and knowledge transfer in multi-unit organizations","authors":"Ulf Andersson , Gabriel R.G. Benito , Randi Lunnan , Sverre Tomassen","doi":"10.1016/j.lrp.2025.102537","DOIUrl":"10.1016/j.lrp.2025.102537","url":null,"abstract":"<div><div>In multi-unit organizations, such as multinational corporations (MNCs), knowledge developed in one business unit can greatly benefit the performance of another. However, employees and managers compete with others within intraorganizational competitive domains for resources, which may affect the willingness to share knowledge. We conceptualize the multi-unit organization as having multiple competitive domains depending on the main source for resource endowments for the knowledge-sharing actors. Our study draws on data from two surveys done in a global division of an MNC, comprising data from 342 individuals nested in 68 different units, across 24 countries. Our results show that social integration among individuals in different competitive domains boosts knowledge transfer between units, while social integration between individuals within the same competitive domain hampers knowledge transfer. These findings suggest that there is a different and darker side to social integration in multi-unit organizations than the previously established positive side leading to increased knowledge transfer. Our findings show that the willingness to share knowledge also depends on the internal competition for resources between the knowledge-sharing actors.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 4","pages":"Article 102537"},"PeriodicalIF":7.4,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144196029","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

Practice the purpose preach! Experimental evidence on the effect of corporate purpose on workers' willingness to go the extra mile 实践目的说教！企业目标对员工多付出努力意愿影响的实验证据

IF 7.4 2区管理学

Long Range Planning Pub Date : 2025-08-01 Epub Date: 2025-05-25 DOI: 10.1016/j.lrp.2025.102536

Nikolai Brosch

引用次数: 0