-
作者：Kroll, Mark; Walters, Bruce A.; Le, Son A.
作者单位：University of Louisiana System; Louisiana Technical University
摘要：Challenging agency theory prescriptions for board composition, we contend that the boards of young firms that have recently gone public are best comprised of a majority of original top management team (TMT) members, rather than independent outsiders. We argue that such board members possess valuable tacit knowledge of the firms and their entrepreneurial visions and are in the best position to provide oversight. We additionally argue that outsiders should provide resources that firms' TMTs migh...
-
作者：Tsui, Anne S.
作者单位：Arizona State University; Arizona State University-Tempe; Peking University; Xi'an Jiaotong University
-
作者：Hillman, Amy J.; Shropshire, Christine; Cannella, Albert A., Jr.
作者单位：Arizona State University; Arizona State University-Tempe; Tulane University
摘要：Women are increasing in number among corporations' boards of directors, yet their representation is far from uniform across firms. In this study, we adopted a resource dependence theory lens to identify organizational predictors of women on boards. We tested our hypotheses using panel data from the 1,000 U.S. firms that were largest in terms of sales between 1990 and 2003. We found that organizational size, industry type, firm diversification strategy, and network effects (linkages to other bo...
-
作者：Kim, Ji-Yub (Jay); Miner, Anne S.
作者单位：University of Southern California; University of Wisconsin System; University of Wisconsin Madison
摘要：We examine whether organizations vicariously learn from near-failures and failures of others. We propose that the impact of such failure-related experience depends on the geographic market and industry origin of the experience. Our findings indicate that the local failure-related experience of both banks and thrifts have higher survival-enhancing learning value for banks than nonlocal experience, supporting the value of accessibility and applicability for useful learning. Bank near-failure exp...
-
作者：Chen, Zhen Xiong; Aryee, Samuel
作者单位：Australian National University; Aston University
摘要：We used cultural self-representation theory to develop a model of the processes linking delegation to work outcomes. We tested this model with data from a sample of 171 subordinate-supervisor dyads from the People's Republic of China. Regression results revealed that organization-based self-esteem and perceived insider status fully mediated the influence of delegation on affective organizational commitment, task performance, and innovative behavior and partially mediated delegation's influence...
-
作者：O'Mahony, Siobhan; Ferraro, Fabrizio
作者单位：University of California System; University of California Davis; University of Navarra
摘要：Little is known about how communities producing collective goods govern themselves. In a multimethod study of one open source software community, we found that members developed a shared basis of formal authority but limited it with democratic mechanisms that enabled experimentation with shifting conceptions of authority over time. When members settled on a shared conception of authority, it was more expansive than their original design. A statistical test of the predictors of leadership reinf...
-
作者：Sanders, W. M. Gerard; Hambrick, Donald C.
作者单位：Brigham Young University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Columbia University
摘要：We unpack the concept of managerial risk taking, distinguishing among three of its major elements: the size of an outlay, the variance of potential outcomes, and the likelihood of extreme loss. We then apply our framework in hypothesizing the effects of CEO stock options on strategic behavior and company performance. We find that CEO stock options engender high levels of investment outlays and bring about extreme corporate performance (big gains and big losses), suggesting that stock options p...
-
作者：Markides, Costas
作者单位：University of London; London Business School
-
作者：Hoetker, Glenn; Agarwal, Rajshree
作者单位：University of Illinois System; University of Illinois Urbana-Champaign
摘要：There is little understanding of whether a firm's innovative knowledge dies with it or if instead significant diffusion of knowledge occurs even after a firm exits an industry. Theoretical predictions about the differing effects of firm exit on private and public knowledge and implications for interfirm knowledge transfer are forwarded. We investigated main and moderating effects of a firm's exit from the disk drive industry on knowledge diffusion to other firms, finding evidence that the abil...
-
作者：McGrath, Rita Gunther
作者单位：Columbia University
