2012 - Reprints: Strategy, Innovation and Entrepreneurship
CEO relational leadership and strategic decision quality in top management teams: The role of team trust and learning from failure, Strategic Organization, 10(1), 31-54, 2012.
A. Carmeli, A. Tishler and A.C. Edmondson
(Reprint No. 206)
Research No. 04010100
In this study, we examine a complex pathway through which CEOs, who exhibit relational leadership, may improve the quality of strategic decisions of their top management teams (TMTs) by creating psychological conditions of trust and facilitating learning from failures in their teams. Structural equation modeling (SEM) analyses of survey data collected from 77 TMTs indicate that (1) the relationship between CEO relational leadership and team learning from failures was mediated by trust between TMT members; (2) team learning from failures mediated the relationship between team trust and strategic decision quality. Supplemented by qualitative data from two TMTs, these findings suggest that CEOs can improve the quality of strategic decisions their TMTs make by shaping a relational context of trust and facilitating learning from failures.
Bertrand competition when firms hold passive ownership stakes in one another, Economics Letters, 114, 136-138, 2012.
S. Shelegia and Y. Spiegel
(Reprint No. 214)
We show that the Bertrand oligopoly model with cost asymmetries may admit multiple Nash equilibria when firms hold passive ownership stakes in each other. The equilibrium price may be as high as the monopoly price of the most efficient firm.
Investment and the strategic role of capital structure in regulated industries: Theory and evidence, In J. Harrington Jr. and Y. Katsoulacos (Eds.), Recent Advances in the Analysis of Competition Policy and Regulation. Edward Elgar Publishing Limited, 2012.
C. Cambini, L. Rondi and Y. Spiegel
(Reprint No. 215)
NO ABSTRACT
