5期

最新文章

• Symbolic Shareholder Democracy: Toward a Behavioral Understanding of the Role of Shareholder Voting in CEO Dismissals AI翻译
  作者：Andrei, Alina G.; van Oosterhout, J. Hans; Sauerwald, Steve
  作者单位：Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
  摘要：We investigate the effect of expressive shareholder dissent voting, in which shareholders use their votes symbolically to express their discontent with management, on subsequent chief executive officer (CEO) dismissals. Using the routine but highly symbolic executive board discharge proposal voted on at the annual shareholder meetings of German firms, we argue that the board of directors understands these votes as a vote of confidence in management that challenges the CEO's mandate to lead the...
• The Agency to Implement Voice: How Target Hierarchical Position and Competence Changes the Relationship Between Voice and Individual Performance AI翻译
  作者：Burris, Ethan R.; McClean, Elizabeth J.; Detert, Jim R.; Quigley, Tim F.
  作者单位：University of Texas System; University of Texas Austin; Cornell University; University of Virginia; University System of Georgia; University of Georgia
  摘要：Although voice is communication that is intended to benefit the performance of collectives, little is known about the benefits or costs to individual task performance and what mechanisms drive these effects. Our research offers new theory to articulate and illustrate the conditions under which voice has positive versus negative effects on individual task performance by directly acknowledging that employees have many options for where to direct their ideas. We introduce an agency perspective on...
• When Do Boards of Directors Contribute to Shareholder Value in Firms Targeted for Acquisition? A Group Information-Processing Perspective AI翻译
  作者：Pavicevic, Stevo; Haleblian, Jerayr (John); Keilc, Thomas
  作者单位：Frankfurt School Finance & Management; University of California System; University of California Riverside; University of Zurich
  摘要：We draw on group information-processing theory to investigate how target boards of directors may contribute to target value capture during the private negotiations phase in acquisitions. We view target boards as information-processing groups and private negotiations as information-processing tasks. We argue that target board meeting frequency is associated with increased processing-gathering, sharing, and analyzing-of acquisition related information, which improves target bargaining and, ultim...
• When (Non)Differences Make a Difference: The Roles of Demographic Diversity and Ideological Homogeneity in Overcoming Ideologically Biased Decision Making AI翻译
  作者：Solomon, Brittany C.; Hall, Matthew E. K.
  作者单位：University of Notre Dame; University of Notre Dame
  摘要：Increasing demographic diversity is undoubtedly important and can aid in debiasing decision makers. Yet, the promises of demographic diversity are not always realized due to social integration problems. We consider why and for whom differences combined with homogeneity make a difference for groups in terms of integratively complex thinking and ideological decision making. Although research has shown that decision makers often rely on political biases, that work has not addressed when and why d...
• A Rising Tide Lifts All Boats: The Effects of Common Ownership on Corporate Social Responsibility AI翻译
  作者：DesJardine, Mark R.; Grewal, Jody; Viswanathan, Kala
  作者单位：Dartmouth College; University of Toronto; Harvard University
  摘要：Common owners face an incredible investment challenge: managing systematic risk. Because common owners hold shares in multiple firms across an industry, an action (or inaction) by one firm that affects industry peers is felt more severely by common own-ers than by non-common owners. Research has largely focused on common owners' role in orchestrating competitive dynamics among their portfolio firms, with almost no empirical investigation of how common owners manage systematic risk. Drawing on ...
• Cultural Roots of Entrepreneurship: Evidence from Second-Generation Immigrants AI翻译
  作者：Kleinhempel, Johannes; Klasing, Mariko J.; Beugelsdijk, Sjoerd
  作者单位：Copenhagen Business School; University of Groningen
  摘要：Does national culture influence entrepreneurship? Given that entrepreneurship and the economic, formal institutional, and cultural characteristics of nations are deeply intertwined and co-vary, it is difficult to isolate the effect of culture on entrepreneurship. In this study, we examine the self-employment choices of second-generation immigrants who were born, educated, and currently live in one country, but were raised by parents stemming from another country. We argue that entrepreneurship...