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作者：Surroca, Jordi; Tribo, Josep A.; Waddock, Sandra
作者单位：Universidad Carlos III de Madrid; Boston College
摘要：This paper examines the effects of a firm's intangible resources in mediating the relationship between corporate responsibility and financial performance. We hypothesize that previous empirical findings of a positive relationship between social and financial performance may be spurious because the researchers failed to account for the mediating effects of intangible resources. Our results indicate that there is no direct relationship between corporate responsibility and financial performance m...
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作者：Bautista Delgado-Garcia, Juan; Manuel De la Fuente-Sabate, Juan
作者单位：Universidad de Burgos
摘要：Research on how managers influence firm outcomes has generated promising explanations of differences in organizational strategies and performance within a given industry, but has largely ignored the role of emotions in shaping managers' strategic choices. This article analyzes the influence of the affective traits of CEOs-their long-term tendency to experience positive or negative moods or emotions on strategy and performance conformity in a sample of Spanish banks and savings banks. Our resul...
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作者：Geroski, P. A.; Mata, Jose; Portugal, Pedro
作者单位：Universidade Nova de Lisboa; University of London; London Business School; Banco de Portugal
摘要：We analyze the effects of founding conditions on the survival of new firms. Based on arguments from several theoretical perspectives, namely economics, organizational ecology, and the resource-based view of the firm, we develop hypotheses that relate the survival of firms to the conditions confronted by firms at each moment and to those prevailing at the time of founding. We develop an empirical model that allows the effects of founding conditions to be transitory and estimate how long such ef...
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作者：Bruton, Garry D.; Filatotchev, Igor; Chahine, Salim; Wright, Mike
作者单位：Texas Christian University; City St Georges, University of London; American University of Beirut; University of Nottingham; emlyon business school
摘要：This paper examines performance effects of ownership concentration and two types of private equity investors (venture capitalists and business angels) in firms that have recently undergone an initial public offering (IPO) in the United Kingdom and France. We expand and contextualize nascent understanding of multiple agency theory by examining heterogeneity of private equity investors and by suggesting that multiple agency relationships are affected by different institutional contexts. We emplo...
