BI Norwegian Business School

About: BI Norwegian Business School is a education organization based out in Oslo, Norway. It is known for research contribution in the topics: Corporate governance & Personality. The organization has 525 authors who have published 2766 publications receiving 55406 citations. The organization is also known as: Handelshøyskolen BI.

Taking Stock of Networks and Organizations: A Multilevel Perspective

Abstract: The central argument of network research is that actors are embedded in networks of interconnected social relationships that offer opportunities for and constraints on behavior. We review research on the antecedents and consequences of networks at the interpersonal, interunit, and interorganizational levels of analysis, evaluate recent theoretical and empirical trends, and give directions for future research, highlighting the importance of investigating cross-level network phenomena.

Organizational Ambidexterity and Performance: A Meta-Analysis

Abstract: A growing number of studies argue that organizational ambidexterity is increasingly important for the sustained competitive advantage of firms. However, organizational ambidexterity studies have been conducted in a wide variety of industries and methodological settings, and the empirical results have been mixed. The purpose of this article is to systematically examine the organizational ambidexterity–performance relationship to reconcile the mixed results of prior research. By conducting a meta-analysis of prior studies on organizational ambidexterity and performance, we find that positive and significant Organizational ambidexterity–performance relationships are to a large extent moderated by contextual factors and methodological choices: Organizational ambidexterity is particularly important for performance in nonmanufacturing industries and at higher levels of analysis. Also, the performance effects are stronger when “combined” measures of organizational ambidexterity and perceptual performance are use...

What Goes Around Comes Around: Knowledge Hiding, Perceived Motivational Climate, and Creativity

Abstract: Knowledge hiding prevents colleagues from generating creative ideas, but it may also have negative consequences for the creativity of a knowledge hider. Drawing on social exchange theory, we propos...

Seasoned Public Offerings: Resolution of the 'New Issues Puzzle'

Abstract: The 'new issues puzzle' is that stocks of common stock issuers subsequently underperform nonissuers matched on size and book-to-market ratio. With 7000 seasoned equity and debt issues, we document that issuer underperformance reflects lower systematic risk exposure for issuing firms relative to the matches. A consistent explanation is that, as equity issuers lower leverage, their exposures to unexpected inflation and default risks decrease, thus decreasing their stocks' expected returns relative to matched firms. Equity issues also significantly increase stock liquidity (turnover), again lowering expected returns relative to nonissuers. We conclude that the 'new issue puzzle' is explained by a failure of the matched-firm technique to provide a proper control for risk. This conclusion is robust to issue characteristics and the choice of factor model framework.