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作者:PABLO, AL
摘要:Executives of 56 acquiring organizations participated in policy-capturing research that examined how the task, cultural, and political characteristics of acquisitions influence decisions about levels of integration. Although task-related characteristics entered most heavily into managers' decision models, cultural and political factors were also important. These results suggest that an understanding of acquisition integration is best achieved by viewing integration design decisions through mul...
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作者:DAILY, CM; DALTON, DR
作者单位:Indiana University System; Indiana University Bloomington
摘要:In this study, we examined the relationships among governance structures and corporate bankruptcy. A logistic regression analysis of bankrupt major corporations and a matched group of survivor firms indicated robust power for financial indicators, constituent common stock holdings, board of director quality, and corporate governance structures as predictors of bankruptcy. Specifically, the model indicates differences between the bankrupt and matched groups in proportions of affiliated director...
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作者:SCANDURA, TA; SCHRIESHEIM, CA
摘要:The literature on transformational and transactional leadership suggests integrating the leader-member exchange (LMX) approach with research on mentoring. Using LISREL VII confirmatory factor analysis and 183 managerial dyads, we show LMX and mentoring to be empirically distinct from the supervisors' perspective but not from the subordinates'. LMX and mentoring each also accounted for meaningful incremental variance over the other with respect to rated performance, salary progress, and promoti...
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作者:DENISI, A
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作者:TOSI, HL; GOMEZMEJIA, LR
作者单位:Arizona State University; Arizona State University-Tempe
摘要:This study used a behavioral scale assessing the monitoring of the compensation of chief executive officers (CEOs) to test two hypotheses derived from agency theory and the corporate governance literature. Results were consistent with the hypotheses, showing that CEO compensation monitoring is related asymptotically to firm performance and that the relationship between monitoring and performance is stronger in management-controlled firms than in owner-controlled firms.
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作者:BUCHHOLTZ, AK; RIBBENS, BA
作者单位:Minnesota State Colleges & Universities; Saint Cloud State University
摘要:This study examined the influence of chief executive officers' (CEO) incentives and individual characteristics on the likelihood that target firms will resist takeover attempts. Results showed that the greater the level of CEO stock ownership, the lower the likelihood of takeover resistance; however, neither the existence nor the magnitude of a CEO's ''golden parachute'' payment affected takeover resistance. Although CEO age had a curvilinear relationship with the likelihood of takeover resist...
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作者:MEZNAR, MB; NIGH, D; KWOK, CCY
作者单位:University of South Carolina System; University of South Carolina Columbia
摘要:In this study, we analyzed investor reaction to corporate announcements of withdrawal from South Africa to determine whether such announcements increased or reduced firms' market value. We also examined the effect of the timing of the announcements on stock valuation. The announcements were associated with a significant drop in the value of the withdrawing firms' stock, particularly for firms withdrawing earlier in the debate surrounding the issue of withdrawal. These results suggest that mana...
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作者:SAPIENZA, HJ; GUPTA, AK
作者单位:University System of Maryland; University of Maryland College Park
摘要:This study examined the impact of agency risks and task uncertainty on venture capitalist-chief executive officer (VC-CEO) interaction. Results from 51 VC CEO dyads indicate that the frequency of interaction depends on the extent of VC-CEO goal congruence, the degree of the CEO's new venture experience, the venture's stage of development, and the degree of technical innovation it is pursuing. However, contrary to conventional expectations, the degree of management ownership had no impact on th...
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作者:KILDUFF, M; DAY, DV
摘要:This study tracked 139 graduates of the same master's of business administration program for five years and demonstrated significant main effects of the personality variable self-monitoring on career mobility. The chameleon-like high self-monitors were more likely than the true-to-themselves low self-monitors to change employers, move locations, and achieve cross-company promotions. Of the 72 individuals who did not change employers, those high on self-monitoring obtained more internal promoti...
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作者:THARENOU, P; LATIMER, S; CONROY, D
作者单位:Queensland University of Technology (QUT)
摘要:Confirmatory modeling was used to test models of situational and individual influences on women's and men's managerial advancement. Although an overall model fitted the data well, separate models for women and men were more explanatory. Training led to managerial advancement and was of more advantage to men than to women. Work experience and education increased training, again more for men than for women. A spouse and dependents at home reduced women's work experience but increased men's, with...