@article {1968346, title = {Changing CEO Preferences over Tenure Life Cycle and Corporate Social Responsibility: The Moderating Role of CEO{\textquoteright}s Political Orientation}, journal = {Journal of Business Research}, year = {2021}, month = {2021}, keywords = {Strategy \& Entrepreneurship}, author = {Jeong,Nara and Kim,Nari and Arthurs,Jonathan} } @conference {1968351, title = {Re-examining Constraints And Ventures{\textquoteright} Learning: The Case Of Business Accelerator Programs}, booktitle = {Frontiers of Entrepreneurship Research}, year = {2021}, month = {2021}, keywords = {Strategy \& Entrepreneurship}, author = {Gerasymenko,Violetta and Cho,Sam Yul and Arthurs,Jonathan and Choi,Yohan} } @article {1968356, title = {Celebrity CEO, Identity Threat, and Impression Management: Impact of Celebrity Status on Corporate Social Responsibility}, journal = {Journal of Business Research}, volume = {111}, year = {2020}, month = {2020}, pages = {69-84}, abstract = {In this study, we examine the impact of CEO celebrity status on the propensity of firms to
engage in corporate social responsibility (CSR). Integrating identity and impression management
theories, we argue that a firm{\textquoteright}s engagement in CSR activities is affected by a celebrity CEO{\textquoteright}s
impression management motive to maintain his/her identity and status as a celebrity. We then
explore three boundary conditions under which the effects of celebrity status on CSR may be
strengthened. We find that celebrity CEOs{\textquoteright} engagement in CSR activities as an impression
management tactic increases when uncertainty surrounding a firm{\textquoteright}s expected performance is
high, when firm performance is low, and the competitive intensity of the industry is high. The
findings of this study provide useful insights into the specific ways by which celebrity CEOs
attempt to protect their established status and reputation. This paper contributes to various
domains of research concerning CEOs, impression management, and CSR.}, keywords = {Strategy \& Entrepreneurship}, author = {Lee,Gilsoo and Cho,Sam Yul and Arthurs,Jonathan and Lee,Eun Kyung} } @article {1968361, title = {How and When Investment Horizons Determine Venture Capital Firms{\textquoteright} Attention Breadth to Portfolio Companies.}, journal = {Entrepreneurship, Theory and Practice}, volume = {44}, year = {2020}, month = {2020}, pages = {475-503}, keywords = {Strategy \& Entrepreneurship}, author = {Gerasymenko,Violetta and Arthurs,Jonathan and Cho,Sam Yul} } @article {1968371, title = {CEO Pay Inequity, CEO-TMT Pay Gap, and Acquisition Premiums}, journal = {Journal of Business Research}, volume = {98}, year = {2019}, month = {2019}, pages = {105-116}, abstract = {This study extends previous research on the influence of CEO pay inequity on CEOs{\textquoteright} decision-making by examining the relationship in the acquisition context. Focusing on CEOs{\textquoteright} compensation vis-{\`a}-vis external and internal referents, we find that underpaid CEOs pay higher acquisition premiums and that overpaid CEOs pay lower premiums, although this tendency is reduced as the level of overpayment increases, creating a U-shaped relationship. We further find that the CEO-TMT pay gap moderates the relationship between CEO under-/overpayment and acquisition premiums by adjusting CEOs{\textquoteright} perceptions of pay inequity and motivation to restore inequity through their higher or lower sense of self-importance. The findings of this study suggest that CEOs{\textquoteright} decision-making is strongly influenced by their framing of gains and losses and the perception of pay inequity
vis-{\`a}-vis external and internal referents.}, keywords = {Strategy \& Entrepreneurship}, author = {Lee,Gilsoo and Cho,Sam Yul and Arthurs,Jonathan and Lee,Eun Kyung} } @article {1968386, title = {Close your Eyes or Open your Mind: Effects of Sleep and Mindfulness Exercises on Entrepreneurs{\textquoteright} Exhaustion}, journal = {Journal of Business Venturing}, year = {2019}, month = {2019}, keywords = {Marketing, Strategy \& Entrepreneurship}, author = {Murnieks,Charles and Arthurs,Jonathan and Cardon,Melissa S. and Farah,Nusrat and Stornelli,Jason and Haynie,J. M.} } @article {1968376, title = {Foreign IPOs in the US: When entrepreneurial orientation meets institutional distance}, journal = {Journal of Business Research}, volume = {101}, year = {2019}, month = {2019}, pages = {144-151}, keywords = {Strategy \& Entrepreneurship}, author = {Liu,Kun and Tang,Jintong and Yang,Kun and Arthurs,Jonathan} } @article {1968366, title = {How does dependence on key employees matter for initial public offerings of US high-tech firms?}, journal = {Journal of Business Research}, volume = {102}, year = {2019}, month = {2019}, pages = {74-82}, keywords = {Strategy \& Entrepreneurship}, author = {Liu,Kun and Arthurs,Jonathan} } @inbook {1968381, title = {The Dark Side of Venture Capital Syndication and IPO Firm Performance}, year = {2018}, month = {2018}, pages = {430}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Chahine,Salim and Filatotchev,Igor and Hosskisson,Robert} } @conference {1968391, title = {Employee dependence and strategic human capital in IPO of US high-tech firms}, volume = {1}, year = {2018}, month = {2018}, pages = {11102}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Liu,Kun} } @conference {1968396, title = {The Impact of M\&A Announcements on Rivals: The Role of Competitive Dynamics}, volume = {2018}, year = {2018}, month = {2018}, pages = {18262}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Farah,Nusrat} } @article {1968401, title = {The Influence of Alliance Experience on Acquisition Premiums and Post-acquisition Performance}, journal = {Journal of Business Research}, volume = {88}, year = {2018}, month = {2018}, pages = {1-10}, abstract = {This paper examines the influence of acquirers{\textquoteright} alliance experience on acquisition outcomes. Specifically, we investigate whether or not acquirers with alliance experience pay higher acquisition premiums and achieve improved post-acquisition performance. We also investigate how the impact of acquirers{\textquoteright} alliance experience is contingent on the alliance portfolios of target firms. We find that acquirers with alliance experience pay higher acquisition premiums but lower acquisition premiums when their target firms possess alliance portfolios of greater size or diversity. We also find that such acquirers achieve higher post-acquisition performance when the size of alliance portfolios of target firms is larger. Overall, this study suggests that alliance experience can help acquirers develop organizational knowledge and capabilities, and thus influence acquisition outcomes.}, keywords = {Strategy \& Entrepreneurship}, author = {Cho,Sam Yul and Arthurs,Jonathan} } @conference {1968411, title = {Adjusting Attention to Organizational Routines in Response to Time Pressure}, booktitle = {Academy of Management}, volume = {2017}, year = {2017}, month = {2017}, pages = {13179}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Gerasymenko,Violetta} } @article {1968421, title = {Exploring the innovation strategies of young firms: Corporate venture capital and venture capital impact on alliance innovation strategy}, journal = {Journal of Business Research}, year = {2017}, month = {2017}, abstract = {We investigate how governance structure and power influence alliance exploration strategy. Adopting a real options perspective and the agency view, we suggest that innovation strategies differ based on the firm{\textquoteright}s governance authority. We find that the motivations of corporate venture capitalist firms, venture capitalists, and firm founders may have an impact on the formation of exploratory alliances among adolescent firms. Using a sample of 122 adolescent firms, we examine the influence that governance structure has on the firm{\textquoteright}s alliance portfolio and innovation potential. While the influence of corporate venture capitalist firms alone do affect alliance formation strategy, corporate venture-backed firms with founders having high influence (knowledge or ownership in the firm) are more likely to form innovation-focused alliances. In contrast, venture capitalist-backed firms tend to avoid innovation-focused alliances, preferring more exploitive ones, even when founders have high influence within the firm.}, keywords = {Strategy \& Entrepreneurship}, author = {Galloway,Tera L. and Miller,Douglas R. and Sahaym,Arvin and Arthurs,Jonathan} } @article {1968416, title = {FOUNDER{\textquoteright}S PSYCHOLOGICAL OWNERSHIP AND ITS IMPACT ON NEW VENTURE GROWTH AND PERFORMANCE (INTERACTIVE PAPER)}, journal = {Frontiers of Entrepreneurship Research}, volume = {37}, year = {2017}, month = {2017}, pages = {9}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Lee,Gilsoo and Yi,Green} } @article {1976016, title = {The Impact of Bankruptcy on Competitors: How Technology Overlap and Diversification Affect Value Redistribution.}, year = {2017}, month = {2017}, address = {Atlanta, GA}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Cho,Sam Yul and Choi,Yohan and Hemmatian,Iman and Joshi,Amol} } @conference {1968406, title = {Impact of Bankruptcy on Rivals: How Tech Overlap and Diversification Affects Value Redistribution}, booktitle = {Academy of Management Proceedings}, year = {2017}, month = {2017}, abstract = {Prior research on bankruptcy proposes two potential outcomes for a bankrupt firm{\textquoteright}s industry rivals: a contagion effect wherein rivals{\textquoteright} stock prices decline, and a competitive effect wherein rivals benefit from a competitor{\textquoteright}s decline. Although empirical evidence substantiates the contagion effect, existing studies do not consistently account for the competitive effect. We develop and test theory explaining how the degree of technology overlap and diversification strategy of competitors influences the severity of the contagion effect and the expected occurrence of the competitive effect among rivals. We find that greater technology overlap among a bankrupt firm and its competitors exacerbates the contagion effect. Furthermore, competitors with higher unrelated diversification are more susceptible to contagion, while competitors with higher related diversification benefit more from a rival{\textquoteright}s bankruptcy.}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Cho,Sam Yul and Choi,Yohan and Hemmatian,Iman and Joshi,Amol} } @article {1976021, title = {How Entrepreneurs Cope with Exhaustion: The Influence of Physical Activity and Mindfulness}, year = {2016}, month = {2016}, address = {Bodo, Norway}, keywords = {Strategy \& Entrepreneurship}, author = {Murnieks,Charles and Arthurs,Jonathan and Haynie,J. Michael} } @article {1968426, title = {Measurement and Structural Invariance of Entrepreneurial Investment Climate: A Cross-Country Scale Development}, journal = {International Business Review}, volume = {25}, year = {2016}, month = {2016}, pages = {1053-1065}, keywords = {Strategy \& Entrepreneurship}, author = {Nam,Daeil and Kim,Juhee and Arthurs,Jonathan and Sosik,John J. and Cullen,John B.} } @article {1968431, title = {Performance Deviations and Acquisition Premiums: The Impact of CEO Celebrity on Managerial Risk-Taking}, journal = {Strategic Management Journal}, volume = {37}, year = {2016}, month = {2016}, pages = {2677-2694}, keywords = {Strategy \& Entrepreneurship}, author = {Cho,Sam Yul and Arthurs,Jonathan and Townsend,David M. and Miller,Douglas R. and Barden,Jeffrey} } @article {1968436, title = {It{\textquoteright}s All Good: Corporate Social Responsibility Promotes Positive Responses to Service Failures among Value-Aligned Customers}, journal = {Journal of Public Policy and Marketing}, volume = {34}, year = {2015}, month = {2015}, pages = {32-49}, keywords = {Strategy \& Entrepreneurship}, author = {Joireman,Jeff and Smith,Dustin and Liu,Richie and Arthurs,Jonathan} } @inbook {1968451, title = {Cognition and capabilities in entrepreneurial ventures}, year = {2014}, month = {2014}, pages = {163-182}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Busenitz,Lowell} } @article {1968446, title = {Information diffusion and value redistribution among transaction partners of the IPO firm}, journal = {Strategic Management Journal}, volume = {35}, year = {2014}, month = {2014}, pages = {1717-1726}, keywords = {Strategy \& Entrepreneurship}, author = {Liu,K. and Arthurs,Jonathan and Nam,D. and Mousa,F.} } @article {1968441, title = {Looking attractive until you sell: Earnings management, lockup expiration, and venture capitalists}, journal = {Journal of Management Studies}, volume = {51}, year = {2014}, month = {2014}, pages = {1286-1310}, keywords = {Strategy \& Entrepreneurship}, author = {Nam,Daeil and Park,Haemin Dennis and Arthurs,Jonathan} } @article {1968456, title = {New insights into venture capitalists{\textquoteright} activity: IPO and time-to-exit forecast as antecedents of their post-investment involvement}, journal = {Journal of Business Venturing}, volume = {29}, year = {2014}, month = {2014}, pages = {pages 405-420}, address = {Elsvier}, abstract = {We examine how VCFs{\textquoteright} forecast of an IPO exit affects their breadth of advising and the likelihood
of founder{\textendash}CEO replacement shortly after they invest in a new venture. Moreover, we examine
how the expected time-to-exit moderates these relationships. Our findings show that the
likelihood of founder{\textendash}CEO replacement upon receiving venture capital funding is significantly
greater if a VCF perceives this company as a potential IPO as opposed to a trade sale, and this
likelihood increases if the forecasted time-to-exit is short. We also illustrate how the breadth of
advice varies as a function of the forecasted IPO and time-to-exit.}, keywords = {Strategy \& Entrepreneurship}, author = {Gerasymenko,Violetta and Arthurs,Jonathan} } @inbook {1968466, title = {Multiple agency theory}, year = {2013}, month = {2013}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Hoskisson,Robert and White,Robert and Wyatt,Chelsea} } @article {1968461, title = {Search behavior and technological capital of the diversified firm: The impact of fit on innovation}, journal = {Strategic Management Journal}, volume = {34}, year = {2013}, month = {2013}, pages = {999-1009}, keywords = {Strategy \& Entrepreneurship}, author = {Kim,S. K. and Arthurs,Jonathan and Sahaym,A. and Cullen,J.} } @article {1968471, title = {The effects of venture capital syndicate diversity on earnings management and performance of IPOs in the US and UK: An institutional perspective}, journal = {Journal of Corporate Finance}, volume = {18}, year = {2012}, month = {2012}, pages = {179-192}, keywords = {Strategy \& Entrepreneurship}, author = {Chahine,S. and Arthurs,Jonathan and Filatotchev,I. and Hoskisson,R. E.} } @article {1968476, title = {Principal costs in initial public offerings}, journal = {Journal of Management Studies}, volume = {48}, year = {2011}, month = {2011}, pages = {1346-1364}, keywords = {Strategy \& Entrepreneurship}, author = {Dalziel,T and White,R. E. and Arthurs,Jonathan} } @article {1968481, title = {Consumer animosity in the value chain: The effect of international production shifts on willingness to purchase}, journal = {Journal of International Business Studies}, volume = {41}, year = {2010}, month = {2010}, pages = {639-651}, keywords = {Strategy \& Entrepreneurship}, author = {Funk,C. A. and Arthurs,Jonathan and Trevino,L. and Joireman,J.} } @article {1968486, title = {To start or not to start: Outcome and ability expectations in the decision to start a new venture}, journal = {Journal of Business Venturing}, volume = {25}, year = {2010}, month = {2010}, pages = {192}, keywords = {Strategy \& Entrepreneurship}, url = {202}, author = {Townsend,D. M. and Busenitz,L. W. and Arthurs,Jonathan} } @article {1968491, title = {Venture capitalists{\textquoteright} exit strategy: a dynamic capabilities and resource dependence perspective}, journal = {Frontiers of Entrepreneurship Research}, volume = {30}, year = {2010}, month = {2010}, keywords = {Strategy \& Entrepreneurship}, author = {Gerasymenko,Violetta and Arthurs,Jonathan} } @article {1968496, title = {Firm-specific human capital and the shaping of governance in IPO firms: Addressing agency and resource dependence concerns}, journal = {Entrepreneurship, Theory and Practice}, volume = {33}, year = {2009}, month = {2009}, pages = {845-865}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Busenitz,L. W. and Hoskisson,R. E. and Johnson,R. A.} } @inbook {1968506, title = {Initially distracted: the influence of boards on agency costs in initial public offering (IPO) firms}, year = {2009}, month = {2009}, pages = {11-30}, keywords = {Strategy \& Entrepreneurship}, author = {Dalziel,Thomas and White,Robert and Arthurs,Jonathan and Hoskisson,Robert} } @article {1968501, title = {Signaling and initial public offerings: The use and impact of the lockup period}, journal = {Journal of Business Venturing}, volume = {24}, year = {2009}, month = {2009}, pages = {360-372}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Busenitz,L. W. and Hoskisson,R. E. and Johnson,R. A.} } @article {1968511, title = {Internal sequential innovations: How does interrelatedness affect patent renewal?}, journal = {Research Policy}, volume = {37}, year = {2008}, month = {2008}, pages = {946-953}, keywords = {Strategy \& Entrepreneurship}, author = {Liu,K. and Arthurs,Jonathan and Cullen,J. and Alexander,R.} } @article {1968516, title = {Managerial agents watching other agents: Multiple agency conflicts regarding underpricing in IPOs}, journal = {Academy of Management Journal}, volume = {51}, year = {2008}, month = {2008}, pages = {277-294}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Hoskisson,R. E. and Busenitz,L. W. and Johnson,R. A.} } @article {1968521, title = {Dynamic capabilities and venture performance: The effects of venture capitalists}, journal = {Journal of Business Venturing}, volume = {21}, year = {2006}, month = {2006}, pages = {195-215}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Busenitz,L. W.} } @article {1968526, title = {The boundaries and limitations of agency theory and stewardship theory in the venture capitalist / entrepreneur relationship}, journal = {Entrepreneurship, Theory and Practice}, volume = {28}, year = {2003}, month = {2003}, pages = {145-162}, keywords = {Strategy \& Entrepreneurship}, author = {Arthurs,Jonathan and Busenitz,L. W.} } @article {1968531, title = {The escalation of commitment by venture capitalists in reinvestment decisions}, journal = {Venture Capital: An International Journal of Entrepreneurial Finance}, volume = {5}, year = {2003}, month = {2003}, pages = {218-230}, keywords = {Strategy \& Entrepreneurship}, author = {Birmingham,C. and Busenitz,L. and Arthurs,Jonathan} }