Show simple item record

dc.contributor.authorAhuja, Gautamen_US
dc.contributor.authorCoff, Russell W.en_US
dc.contributor.authorLee, Peggy M.en_US
dc.date.accessioned2006-09-20T15:01:32Z
dc.date.available2006-09-20T15:01:32Z
dc.date.issued2005-09en_US
dc.identifier.citationAhuja, Gautam; Coff, Russell W.; Lee, Peggy M. (2005)."Managerial foresight and attempted rent appropriation: insider trading on knowledge of imminent breakthroughs." Strategic Management Journal 26(9): 791-808. <http://hdl.handle.net/2027.42/48681>en_US
dc.identifier.issn0143-2095en_US
dc.identifier.issn1097-0266en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/48681
dc.description.abstractIn order to establish a competitive advantage, firms must acquire or create resources at a price below their value in use. Absent pure luck, this requires managers to exercise foresight about a resource's future value and/or complementarities with pre-existing capabilities. This foresight grants managers the opportunity to exploit information asymmetries for personal gain as well as building organizational capabilities. Nevertheless, there is limited research on the extent of foresight or how managers use it. In our study of insider trading, we found that managers purchase stock well before breakthrough patents are filed. We argue for further research on the extent of managerial foresight and how it affects rent generation and appropriation. Copyright © 2005 John Wiley & Sons, Ltd.en_US
dc.format.extent169569 bytes
dc.format.extent3118 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_US
dc.publisherJohn Wiley & Sons, Ltd.en_US
dc.subject.otherBusiness, Finance & Managementen_US
dc.titleManagerial foresight and attempted rent appropriation: insider trading on knowledge of imminent breakthroughsen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelBusiness (General)en_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbsecondlevelFilm and Video Studiesen_US
dc.subject.hlbsecondlevelManagementen_US
dc.subject.hlbsecondlevelUrban Planningen_US
dc.subject.hlbtoplevelBusinessen_US
dc.subject.hlbtoplevelArtsen_US
dc.subject.hlbtoplevelSocial Sciencesen_US
dc.description.peerreviewedPeer Revieweden_US
dc.contributor.affiliationumUniversity of Michigan Business School, Ann Arbor, Michigan, U.S.A.en_US
dc.contributor.affiliationotherGoizueta Business School, Emory University, Atlanta, Georgia, U.S.A.en_US
dc.contributor.affiliationotherW. P. Carey School of Business, Arizona State University, Tempe, Arizona, U.S.A. ; W. P. Carey School of Business, Arizona State University, Tempe, AZ, 85287-4006, U.S.A.en_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/48681/1/474_ftp.pdfen_US
dc.identifier.doihttp://dx.doi.org/10.1002/smj.474en_US
dc.identifier.sourceStrategic Management Journalen_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


Files in this item

Show simple item record