The authors review management research drawing on prospect theory, focusing primarily on
studies in strategic management and organizational behavior/human resource …

In the most recent stage of development of modern society, the growing complexity and
dynamism of the contexts firms operate in has led to a relentless increase in the level of risk …

Managerial risk taking is a critical aspect of strategic management. To improve competitive
advantage and performance, managers need to take risks, often in an uncertain …

Women have made great strides in recent years in climbing the corporate ladder, yet the
current corporate landscape suggests that obstacles still exist before true gender equity is …

Previous studies have generally established a positive relationship between aggregated
measures of entrepreneurial orientation (EO) and firm performance. However, there are …

Research summary: We address conflicting claims and mixed empirical findings about
adaptation as a response to increased environmental dynamism. We disentangle distinct …

Conceiving of stock options as providing CEOs with cues for the possibility of both greater
prospective wealth and losses to current wealth, we revisit predictions of the behavioral …

While the direct influence of CEO tenure on firm performance has been examined in the
strategy literature, the underlying channels of influence have remained largely unexplored …

Past research has given contradictory answers to the question of how strategic change is
linked to firm size and performance. This paper resolves the contradictory predictions of …

We examine how uncertainty influences the performance effects of directorate interlocks.
Our study offers a new perspective of directorate interlocks as mechanisms that enable firms …