dc.citation.title |
BRITISH JOURNAL OF MANAGEMENT |
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dc.contributor.author |
Kang, Jingoo |
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dc.contributor.author |
Kang, Yungu |
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dc.date.accessioned |
2024-07-19T14:05:09Z |
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dc.date.available |
2024-07-19T14:05:09Z |
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dc.date.created |
2024-07-19 |
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dc.date.issued |
2024-07 |
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dc.description.abstract |
Several streams of strategy literature emphasize firms’ distinctive strategy as being key to sustainablecompetitive advantage. Using a unique natural experiment setting, we examine how increased scrutinyand pressure from short-sellers affect the strategic distinctiveness of the firm. We find that increasingshort-selling pressure reduces the strategic distinctiveness of the firm and that this negative effectis more pronounced for more visible and underperforming firms. Our findings suggest that removingrestrictions on short-selling can have an unintended side-effect of reducing the strategic distinctivenessof firms. |
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dc.identifier.bibliographicCitation |
BRITISH JOURNAL OF MANAGEMENT |
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dc.identifier.doi |
10.1111/1467-8551.12857 |
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dc.identifier.issn |
1045-3172 |
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dc.identifier.uri |
https://scholarworks.unist.ac.kr/handle/201301/83232 |
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dc.identifier.url |
https://onlinelibrary.wiley.com/doi/10.1111/1467-8551.12857 |
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dc.language |
영어 |
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dc.publisher |
Blackwell Publishing Inc. |
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dc.title |
Capital Market Scrutiny and Strategic Distinctiveness of the Firm: Evidence from a Natural Experiment |
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dc.type |
Article |
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dc.description.isOpenAccess |
TRUE |
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dc.description.journalRegisteredClass |
ssci |
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dc.description.journalRegisteredClass |
scopus |
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