Tacit knowledge is the knowledge that we draw on in use, but is difficult to have
consciousness of, or to express in language. The proliferation in the use of tacit knowledge …

Despite the long-standing research interest in the pre-deal phase of mergers and
acquisitions, many important questions remain unanswered. We review and synthesize the …

In ever-changing environments, strategic change manifests as a crucial concern for firms
and is thus central to the fields of management and strategy. Common and foundational to …

This paper investigates the relationship between divestitures and firm value in family firms.
Using hand‐collected data on a sample of over 30,000 firm‐year observations, we find that …

Scholars have highlighted executive attention as a vital organizational resource. However,
as prior studies have examined different facets of attention, a theoretical tension has …

This article reflects on the development of corporate strategy as a field of research, seeking
to accomplish three main objectives. First, I position corporate strategy within the broader …

We review the literature on the diversification–performance (D–P) relationship to (a) propose
that the time is ripe for a renewed attack on understanding the relationship between …

Research Summary: This study analyzes how the divestitures that are impelled by activist
investors in their campaigns against public corporations affect shareholder value. Using …

Scholars have devoted considerable effort to exploring the causes of executive behavior,
with the accumulated research spanning multiple social science disciplines. This variety is …

This paper draws from performance feedback theory and the resource-based view of the firm
to study divestiture activity. We argue that the extent and nature of resource reconfiguration …