Research suggests firms can reduce stakeholder contention (e.g., lawsuits, protests) by collaborating with threatening stakeholders. We propose that by tapping into stakeholder networks and identities, collaborations also produce ripple effects beyond the firm’s partner to attenuate contention...

Macro- and microorganizational perspectives on strategy processes are typically treated as distinct lines of inquiry. This paper proposes an attention-based theory ( March & Olsen, 1976 ; Ocasio, 1997 ) of strategy formulation processes to bridge both perspectives. In particular, it links...