Institutional sources of boundary-spanning structures: The establishment of investor relations departments in the Fortune 500 industrials

• 成果类型: Article
• 署名作者: Rao, H; Sivakumar, K
• 署名单位: Emory University; University System of Georgia; Georgia State University
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.10.1.27
• 发表日期: 1999
• 页码: 27-42
• 关键词: CORPORATE GOVERNANCE; investor relations; SHAREHOLDER ACTIVISM; INSTITUTIONAL THEORY; social movements; mimesis

摘要

Investor relations departments are diffusing rapidly among U.S. firms, and these new boundary-spanning units are likely to affect corporate governance and management. This article suggests that anti-management resolutions, monitoring by independent financial analysts, and mimetic influences are hastening the diffusion of this structural innovation.