2021 Foundations

CEOs’ Regulatory Focus and Risk-Taking When Firms Perform Below and Above the Bar

Matthew Mount, Markus Baer

Journal of Management

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Cited by in snapshot: 8
References in snapshot: 15
Global cited by: 99

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Cited by 8

Unfinished business: integrating individual decision-makers' experience and incentives to organizational performance feedback theory Daniela Blettner, Serhan Kotiloglu, Thomas Lechler · 2023
Performance Feedback and Risk‐Taking: A Configurational Approach Lakshmi Goyal, Manish Popli · 2023
60th birthday of ‘A Behavioral Theory of the Firm’: a review of the relational concepts and recommendations for future research Moritz Hagen, Wenjia Su, Sebastian Junge · 2023
Content and process: organizational conflict and decision making Vibha Gaba, John Joseph · 2023
Violence and Competition: The Effect of Mass Shootings and Domestic Terrorism on Organizational Risk-Taking in Response to Performance Shortfalls Christian Schumacher, Steffen Keck, Abhinav Gupta · 2025
High flying adored: How CEO narcissism influences firms' responses to above-aspiration performance with risky organizational change Korcan Kavuşan et al. · 2025
Change or stability? A meta-analysis of organizational responses to social and historical performance feedback Stefan Breet, Pursey Heugens, Anna Nadolska · 2025
Different Aspirations, Different Directions: A Behavioural Perspective on Negative Performance Discrepancy and Problemistic Search William C. Zhou · 2026

References 15

Performance Feedback, Slack, and The Timing of Acquisitions Dinesh N. Iyer, Kent D. Miller · 2008
Positional rigidity: low performance and resource acquisition in large and small firms Henrich R. Greve · 2010
Toward a Model of Risk in Declining Organizations: An Empirical Examination of Risk, Performance and Decline Robert M. Wiseman, Philip Bromiley · 1996
Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007
A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003
Variable risk preferences and adaptive aspirations James G. March · 1988
Self-Enhancement and Learning from Performance Feedback Alexander Jordan, Pino G. Audia · 2012
Less Likely to Fail: Low Performance, Firm Size, and Factory Expansion in the Shipbuilding Industry Pino G. Audia, Henrich R. Greve · 2006

Show 7 more referenced records

All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014
Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998
Managerial Risk Taking Robert E. Hoskisson et al. · 2016
Aspirations, innovation, and corporate venture capital: A behavioral perspective Vibha Gaba, Shantanu Bhattacharya · 2012
Organizational Learning from Performance Feedback Henrich R. Greve · 2003
A Behavioral Theory of the Firm Richard H. Day et al. · 1964
PERFORMANCE FEEDBACK, SLACK, AND THE TIMING OF ACQUISITIONS. Dinesh N. Iyer, Kent D. Miller · 2008

Bounded connected-literature evidence

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Bibliographic coupling

Records that cite some of the same reference targets.

Managerial Risk Taking Robert E. Hoskisson et al. · 2016

29 shared references · rank 1 of 330

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The role of top management teams in firm responses to performance shortfalls Kalin D. Kolev, Gerry McNamara · 2022

18 shared references · rank 2 of 330

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72
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127
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Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

18 shared references · rank 3 of 330

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Biased interpretation of performance feedback: The role of CEO overconfidence Christian Schumacher, Steffen Keck, Wenjie Tang · 2020

16 shared references · rank 4 of 330

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72
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All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014

16 shared references · rank 5 of 330

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72
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Change or stability? A meta-analysis of organizational responses to social and historical performance feedback Stefan Breet, Pursey Heugens, Anna Nadolska · 2025

16 shared references · rank 6 of 330

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16
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72
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127
Cosine
0.167
Jaccard
0.087
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Disentangling Risk and Change Aleksandra Kacperczyk, Christine M. Beckman, Thomas P. Moliterno · 2014

15 shared references · rank 7 of 330

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Organizational Aspirations, Reference Points, and Goals George A. Shinkle · 2011

15 shared references · rank 8 of 330

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Violence and Competition: The Effect of Mass Shootings and Domestic Terrorism on Organizational Risk-Taking in Response to Performance Shortfalls Christian Schumacher, Steffen Keck, Abhinav Gupta · 2025

14 shared references · rank 9 of 330

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14
This record reference degree
72
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Cosine
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0.086
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CEO option wealth and firm risk-taking: An analysis of multiple reference points Elizabeth Lim · 2017

14 shared references · rank 10 of 330

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Organizational responses to performance feedback: A meta-analytic review Serhan Kotiloglu, Yan Chen, Thomas Lechler · 2019

14 shared references · rank 11 of 330

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CEO Hubris and Firm Risk Taking in China: The Moderating Role of Managerial Discretion Jiatao Li, Yi Tang · 2010

14 shared references · rank 12 of 330

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A Behavioral Perspective on Attention Allocation Among Multiple Goals: An Exploratory Examination of the Automotive Industry Songcui Hu · 2012

14 shared references · rank 13 of 330

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Entering new markets: The effect of performance feedback near aspiration and well below and above it Ohad Ref, Zur Shapira · 2016

13 shared references · rank 14 of 330

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Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016

13 shared references · rank 15 of 330

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72
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Problemistic Search of the Embedded Firm: The Joint Effects of Performance Feedback and Network Positions on Venture Capital Firms’ Risk Taking Songcui Hu, Qian Gu, Jun Xia · 2021

13 shared references · rank 16 of 330

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60th birthday of ‘A Behavioral Theory of the Firm’: a review of the relational concepts and recommendations for future research Moritz Hagen, Wenjia Su, Sebastian Junge · 2023

13 shared references · rank 17 of 330

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This record reference degree
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The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012

13 shared references · rank 18 of 330

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Cosine
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Problem-Solving or Self-Enhancing? Influences of Diversification and Bright Spot on Corporate Resource Allocation Responses to Performance Shortfalls Elizabeth Lim, Pino G. Audia · 2020

12 shared references · rank 19 of 330

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Performance Shortfall, Feedback Interpretation and R&D Search: The Differential Effects of Peers’ Performance Below Historical and Social Aspirations Lakshmi Goyal, Vikas Goyal · 2022

12 shared references · rank 20 of 330

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Co-citation

Records cited together by the same public-snapshot records.

Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016

7 shared citing records · rank 1 of 65

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7
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62
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All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014

6 shared citing records · rank 2 of 65

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6
This record citer degree
8
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55
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0.286
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Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

6 shared citing records · rank 3 of 65

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6
This record citer degree
8
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94
Cosine
0.219
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0.063
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Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners Joel A. C. Baum et al. · 2005

6 shared citing records · rank 4 of 65

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A Behavioral Theory of the Firm William J. Baumöl, Richard M. Cyert, J. G. March · 1964

6 shared citing records · rank 5 of 65

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8
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140
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A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003

6 shared citing records · rank 6 of 65

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6
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8
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175
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Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998

6 shared citing records · rank 7 of 65

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8
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Performance Feedback Persistence: Comparative Effects of Historical Versus Peer Performance Feedback on Innovative Search Yang Ye, Wei Yu, Robert S. Nason · 2020

5 shared citing records · rank 8 of 65

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Problem-Solving or Self-Enhancement? A Power Perspective on How CEOs Affect R&D Search in the Face of Inconsistent Feedback Radina R. Blagoeva et al. · 2019

5 shared citing records · rank 9 of 65

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Organizational Learning from Performance Feedback: A Behavioral Perspective on Multiple Goals Pino G. Audia, Henrich R. Greve · 2021

5 shared citing records · rank 10 of 65

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A comparison of alternative measures of organizational aspirations Philip Bromiley, Jared D. Harris · 2013

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A Behavioral Theory of the Firm—40 Years and Counting: Introduction and Impact Linda Argote, Henrich R. Greve · 2007

5 shared citing records · rank 12 of 65

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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

5 shared citing records · rank 13 of 65

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The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012

5 shared citing records · rank 14 of 65

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Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007

5 shared citing records · rank 15 of 65

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Prior Experience of Managers and Maladaptive Responses to Performance Feedback: Evidence from Mutual Funds Vibha Gaba et al. · 2022

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Motivation and Ability? A Behavioral Perspective on the Pursuit of Radical Invention in Multi-Technology Incumbents J. P. Eggers, Aseem Kaul · 2017

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Biased interpretation of performance feedback: The role of CEO overconfidence Christian Schumacher, Steffen Keck, Wenjie Tang · 2020

4 shared citing records · rank 18 of 65

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Deviant versus Aspirational Risk Taking: The Effects of Performance Feedback on Bribery Expenditure and R&D Intensity Dean Xu, Kevin Zheng Zhou, Fei Du · 2018

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

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