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WEI SHI, PhD, is Associate Professor of Management and Cesarano Faculty Scholar at Miami Herbert Business School at the University of Miami. His research focuses on the role of corporate governance actors and executives in shaping firm strategic decisions. ROBERT E. HOSKISSON, PhD, is the George R. Brown Emeritus Chair of Strategic Management at Rice University's Jones School of Business. His research focuses on how corporate governance actors shape corporate and international strategies, the strategies of emerging economy firms, corporate innovation and entrepreneurship, and mergers and acquisitions behavior.