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作者:Tsang, Eric W. K.
作者单位:Wayne State University
摘要:From a critical realist perspective, I discuss the role played by behavioral assumptions in organization theories, and use transaction cost economics as an illustrative example. Core behavioral assumptions often constitute the foundation of the mechanismic explanations of a theory, and thus should play a pivotal role in theory development. I distinguish between assumption-based and assumption-omitted theory testing, and show that empirical research in transaction cost economics has been domina...
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作者:Barnett, Michael L.; Salomon, Robert M.
作者单位:State University System of Florida; University of South Florida; New York University
摘要:A central and contentious debate in many literatures concerns the relationship between financial and social performance. We advance this debate by measuring the financial-social performance link within mutual funds that practice socially responsible investing (SRI). SRI fund managers have an array of social screening strategies from which to choose. Prior studies have not addressed this heterogeneity within SRI funds. Combining modern portfolio and stakeholder theories, we hypothesize that the...
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作者:Kor, Yasemin Y.
作者单位:University of Delaware
摘要:This paper examines why firms differ in levels of R&D investment intensity by developing and testing a theory of direct and interaction effects of top management team and board outsider composition on R&D intensity. The theory is tested in a longitudinal sample of technology-intensive firms that completed an initial public offering. The results indicate that both top management team composition and board composition have direct and additive effects on R&D investment intensity. Also, monitoring...
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作者:Makri, Marianna; Lane, Peter J.; Gomez-Mejia, Luis R.
作者单位:University of Miami; University System Of New Hampshire; University of New Hampshire; Arizona State University; Arizona State University-Tempe
摘要:Building on the agency view of corporate governance, we propose that technology-intensive firms use both outcome and behavior-based performance criteria for rewarding CEOs. Using a sample of 206 firms from 12 U.S. manufacturing industries, we find that as technological intensity increases CEO bonuses are more closely linked to financial results and that total CEO incentives are associated with two indicators of desirable innovation behaviors: invention resonance and science harvesting. Inventi...
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作者:Fiss, Peer C.
作者单位:University of Southern California
摘要:I extend existing theories of social influence effects on executive compensation while at the same time showing the context dependence of these effects. Using original data on German firms and a longitudinal design, results of this study suggest that the operating of social influence mechanisms depends on demographic and social similarity between CEOs and board chairs. The findings reconcile previous mixed findings on the role of CEO human capital factors such as education and tenure and furth...