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作者：Semadeni, Matthew; Cannella, Albert A., Jr.
作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Tulane University
摘要：Little research has examined the performance implications of the parent-child relationship post spin-off. Although the parent provided oversight of the child prior to the spin-off, effects of post spin-off links to the child remain unclear. Applying transaction cost and agency theories, our study of 142 firms spun-off between 1986 and 1997 examines how oversight and ownership by the parent firm influence stock market performance post spin-off. We find that while child firms benefit from some l...
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作者：Shaver, J. Myles
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：Many strategic investments require firms to make upfront outlays to generate profits at a later date. When firms have limited access to external capital, they have to rely on internally generated funds for these investments. In this case, their strategic investments are constrained by cash flow. I predict that by geographically diversifying sales (i.e., exporting), firms can relax this constraint because exporting signals more stable expected cash flows and firm quality, which can increase ext...
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作者：Dowell, Glen W. S.; Shackell, Margaret B.; Stuart, Nathan V.
作者单位：Cornell University; University of Wisconsin System
摘要：We examine whether corporate governance matters more for firms facing financial distress. We theorize that financial crisis changes the relative costs and benefits of governance mechanisms and that more independent and smaller boards become more valuable in distressed firms. We further hypothesize that CEO power becomes increasingly beneficial as concentrated power allows the firm to respond more rapidly to the crisis. Event-history analysis of the failure of publicly traded Internet firms ove...
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作者：Cheung, Mee-Shew; Myers, Matthew B.; Mentzer, John T.
作者单位：University System of Ohio; Xavier University; University of Tennessee System; University of Tennessee Knoxville
摘要：Research in collaborative interorganizational relationships has typically focused on the value of these relationships to a specific supply chain partner. Furthermore, the phenomenon has rarely been explored in a global setting. Using primary data from 126 cross-border dyads, we investigate the influence of relational learning on the relationship performance of both the buyer and the supplier, testing the contention that both members (1) benefit from relational learning efforts and (2) enjoy eq...
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作者：Allatta, Joan T.; Singh, Harbir
作者单位：Purdue University System; Purdue University; University of Pennsylvania
摘要：This study uses network data of worker behavior to analyze changes in worker communication patterns during the first three years post-acquisition. The findings suggest that new communication routines develop slowly and are not entirely enduring even when a transformative event, such as an acquisition, occurs. Communication across firms initially increases as workers change their routines. However, over time this communication peaks and then falls as workers develop common ground. Communication...
