Learning from Digital Failures? The Effectiveness of Firms’ Divestiture and Management Turnover Responses to Data Breaches

The authors are grateful for editorial comments and feedback from Ron Adner, Phanish Puranam, Feng Zhu, and two anonymous reviewers. They thank Daniel Forbes; Christopher Uggen; Shaker Zahra; and participants at the PhD workshop at the Carlson School of Management, University of Minnesota; research seminar at the Lee Kong Chian School of Business, Singapore Management University; Annual Meeting of the Academy of Management in Chicago; and Annual Meeting of the Strategic Management Society in Minneapolis. They also acknowledge executives at Target Corporation for the opportunity to present an earlier version of this study at their corporate headquarters in Minneapolis. All errors remain the authors’.