While research has focused primarily on stars as individual contributors, we examine organizational situations where stars must work closely with non-stars. We argue that, in such situations, building teamwork around a star is an exercise in learning under complexity. In response, organizations...

I show that political dominance of prudential regulation leads to inefficient corporate lending and distorts real outcomes for borrowing firms. Using the context of India where state-owned (public) banks compose around 70% of non-bank lending, I exploit a surprise regulation of nonperforming...

This study uses data from the National Basketball Association to explore organizational mechanisms that affect the division of firm surplus in human-capital-intensive activity. It builds on the idea that reciprocal interdependence among team members creates the potential for complementarity....