The influence of CEO equity incentives on licensing

In a study of life science firms, we find that, in accordance with predictions drawn from agency theory and behavioral agency theory, CEO stock ownership is negatively associated with licensing while CEO stock options are positively associated with licensing. Furthermore, by combining theoretical insights from the capabilities literature with both agency theory and behavioral agency theory, we predict that a key measure of capabilities in the licensing context—a firm's alliance experience—significantly influences the ways in which CEO equity incentives impact licensing. More specifically, we find that, in accordance with our theoretical predictions, alliance experience positively (negatively) moderates the relationship between CEO stock ownership (CEO stock options) and licensing. Our study contributes to the wider literature on the determinants of licensing by examining whether licensing is sensitive to CEO equity incentives. We also extend the capabilities literature on licensing by examining the contrasting influences of a firm's alliance experience on the relationship between CEO equity incentives and licensing. Our findings also inform behavioral agency-based research on the effects of equity incentives by highlighting the usefulness of a capabilities perspective in augmenting our understanding of the behavioral role of CEO equity incentives.     

中国“印度洋困境”中的美国因素

印度洋是世界海上贸易通道最为密集的区域之一,印度洋的石油航线和贸易通道是许多国家仰仗的战略生命线.中国只有在印度洋上获得战略优势,才能确保自己的海上能源命脉、贸易通道不受制于人.美国在印度洋及其沿岸国家拥有至关重要的战略利益,进行了一系列的战略部署.美国还与印度联合,遏制中国在南亚地区对其产生的不利影响.中国印度洋战略在具体实施过程中不能忽视美国因素.     

试析冯玉祥与郭松龄反奉的失败

1925年,冯玉祥与郭松龄、李景林结盟策划了反对奉系张作霖的战争,战争爆发后,冯玉祥违反盟约抢占李景林的地盘,把本是盟友的李景林变成敌人。国民军的背盟行为成为导致郭松龄败亡的重要原因之一,同时也使自己陷入被动。     

Equity versus non-equity international strategic alliances involving Danish firms: An empirical investigation of the relative importance of partner and host country determinants

A substantial literature has evolved focusing on the ownership structure of international strategic alliances (ISAs). Most of the relevant studies are theoretical in nature and concentrate on the conceptual factors that influence the choice between equity and non-equity structures. A smaller number of studies provide some empirical evidence on the importance of some of the conceptual factors. The theoretical literature highlights the potential influence of relational capital and transaction costs as determinants of ISA structure; however, there is little empirical evidence on the relative importance of these potential determinants. Moreover, there is only limited and indirect evidence bearing upon the impact of host country governance attributes on ISA ownership structure. In this study, we provide statistical evidence on the importance of potential determinants of governance mode choice for a sample of ISAs involving Danish firms. Our study documents how the determinants of governance mode choice vary in importance depending upon the “quality” of the governance infrastructure of the host country.     

向楚传略

向楚,字先乔（仙樵）,号觚翁（1877—1961）,生于四川巴县,著名文史学家。先后在成都高等师范学校、成都大学、成都师范大学、四川大学任教多年,曾任四川大学文学院院长、中文系教授、四川大学校长,对成都地区各高校的发展壮大贡献良多,晚年任《巴县志》总纂。《巴县志》成书25卷,不仅在国内各大图书馆,而且在国外图书馆都有珍藏,是研究蜀地风俗历史的必读材料。     

战略联盟内部的相互信任及其建立机制

战略联盟是近年来涌现的企业发展战略中极为重要的一种组织形式,也是管理理论界探讨的热门话题之一。本文探讨了战略联盟内部成员企业在组建和运转过程中的相互信任问题,剖析了战略联盟内部相互信任的定义、作用及其形式,并提出了建立相互信任的各种措施。     

民国时期宣道会对渝东南毗邻地区族群文化差异的认知与行动策略研究

20世纪上半叶美国宣道会因政策调整从长江中、下游中心城市进入渝东南及毗邻多民族居住区后,传教活动取得了稳定的发展,其中对不同族群文化的认知与认同起到了关键作用。宣道会通过前期实地考察识别出渝东南及毗邻民族地区的族群差异,以民族语言、民族文化、民风民俗、村落布局、社会关系和地方问题为切入点,在基址设置、外方人员的分派、布道活动的方式、人际关系的处理和民族文化的发展等方面积极调整其固有的活动方式,充分融入地方族群文化,构建出宣道会在渝东南及毗邻民族地区特有的行为模式,反映了与当地民族文化的联动关系。     

一个价值网关联的协同电子商务解构模型

从管理学角度简明了价值网的基本含义,描绘了协同电子商务的网络结构,分析了二者的关联统一性,继而探讨了价值网关联的协同电子商务解决方案及设计范式,并从理论上刻划了其解构模型,以期为联盟体中新型管理平台的再造或重构提供理想范式.     

企业战略联盟的竞争力研究:核心竞争能力的观点

本文以企业核心竞争能力的思想,分析作为企业发展战略手段之一的企业战略联盟为何成为90年代企业战略管理重要内容的原因.研究指出,战略联盟的合作竞争属性一方面与时代的经济发展有关系,另一方面,也是企业经营发展的必要结果,竞争力不同于 一般意义上的竞争优势.但比较深层次的原因在于这种战略手段内在地有着其竞争力内涵.本文提出,这种内涵的重要成分是战略联盟在制度方面和组织方面的竞争力,并对这两种竞争力进行了解分析,得出战略联盟的竞争力实际上是这两种竞争力的整合.同时,本文还给出了战略联盟竞争力发挥的瓶颈.