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'System stewardship' is a term few corporate directors are familiar with, but it is emerging as a relevant and discussed area in the corporate governance field. The directorship community is [...]

Companies are using 'independent' investigations to root out sexual abuse and harassment. Can survivors really trust them? Tania Culver Humphrey has spent most of her life grappling with her father's [...]

People make tens of thousands of decisions per day--in fact, a Cornell University study found that up to 300 of those are about food alone. To stay functional and keep [...]

Scholars' opinions diverge on the relationship between a firm's negative attainment discrepancy and its international expansion. To reconcile the dispute, we draw upon the behavioral theory of the firm and develop an empirical framework that integrates the perspectives of problemistic search, experiential learning, and vicarious learning. We contend that a firm's search behavior is jointly influenced by its performance feedback and accumulated (both direct and indirect) experience. Specifically, the international experience of the focal firm or its peers plays an important role in triggering the firm's internationalization process by shaping the direction of problemistic search: a firm is more likely to pursue international expansion as a solution for performance shortfalls if it (or its peers) possesses more general experience or successful experience in foreign markets. Analysis on longitudinal data (2011-2019) from publicly listed Chinese firms supports our hypotheses. This study makes theoretical contribution on firm internationalization literature and the behavioral theory of the firm, and provides a practical insight into firms' strategic decision-making process. Keywords Behavioral theory of the firm * Problemistic search * Experiential learning * Vicarious learning * Performance feedback * Firm internationalization, 1 Introduction Why do firms engage in internationalization? This question has been a significant topic, spanning diverse literature in strategic management and international business (IB) studies, and leads to rich [...]

How to Take a Non-cheesy Headshot Crypto firm Ledn wanted its company portraits to showcase staff personalities The people at Ledn, a Toronto-based Bitcoin-financial-services provider, know that their industry can [...]

Tune into the Westminster Kennel Club agility competition, and you'll witness dogs and their handlers working to beat the clock while navigating obstacles such as jumps, weave poles, tunnels, and [...]

WOOLY MAPLE In this business spotlight series, we are highlighting makers who use their craft to earn extra income. Sewing is truly a superpower: sewists can create, mend, alter, and [...]

Why Arkansas is ideal for startups, small businesses and established companies seeking a skilled workforce It may seem like Arkansas has caught lightning in a bottle several times--with companies like [...]

We investigate the relationship between climate risk and corporate investment in physical and organizational capital using an international sample of firms from 39 countries. Our main findings show that climate risk is positively associated with physical capital but is negatively related to organizational capital. We also explore the effects of climate vulnerability on these relationships and find that the positive relationship between climate risk and physical capital is mainly driven by climate-nonvulnerable industries, while the negative relationship between climate risk and organizational capital is principally driven by climate-vulnerable industries. Overall, our findings have significant implications for both domestic and multinational enterprises that engage in long-term investments against the background of climate change. Keywords Climate risk * Corporate investment * Physical capital * Organizational capital JEL Classification E22 * G39 Q54 * M21 * M16, 'Once again, climate change has gained a prominent position in the risk ranking... That means that climate-related risks make up the majority of the top-rated risks...' --World Economic Forum's (WEF) [...]

How to implement a four-day workweek The learning and development company Box of Crayons has streamlined work processes and eliminated superfluous meetings Box of Crayons, a small company with 17 [...]

Byline: Special to the RBJ At least once a week, someone would call Joel Harper and ask if he ever considered selling the family business: Harper Homes. 'The answer was [...]

Byline: Special to the RBJ In my January column we talked about the power of brand purpose and its impact on everything from hiring and retention to sales and profits. [...]

Five numbers for managers everywhere to remember T HIS IS THE age of the data scientist. Employers of all kinds prize people with the skills to capture and analyse enormous [...]

Byline: Amy Castro Imagine this: you're lying in a hospital bed waiting to have a major surgery. Your surgeon stops by to check on you and you ask, 'So what's [...]