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Socioemotional Wealth As A Mixed Gamble: Revisiting Family Firm R&D Investments With The Behavioral Agency Model, Luis R. Gomez-Mejia Dr, Joanna Campbell Dr, Geoffrey P. Martin Dr, Marianna Makri Dr, David Sirmon Dr, Robert Hoskisson Dr 2014 Melbourne Business School

Socioemotional Wealth As A Mixed Gamble: Revisiting Family Firm R&D Investments With The Behavioral Agency Model, Luis R. Gomez-Mejia Dr, Joanna Campbell Dr, Geoffrey P. Martin Dr, Marianna Makri Dr, David Sirmon Dr, Robert Hoskisson Dr

Geoffrey P Martin

Theoretical explanations for family firm under-investment in R&D relative to non-family firms remain nascent. We revisit this question using a refinement to the behavioral agency model (BAM) – the mixed gamble – that allows us to examine the socioemotional trade-offs that R&D represents for the family firm and how this differentiates their R&D investment decision from non-family firms. We do so in an empirical context where R&D investment is of greatest importance – high technology industries. Moreover, we examine three contingencies that allow us to explore heterogeneity across family firms in their R&D decisions due to their effect ...


Interlocks And Firm Performance: The Role Of Uncertainty In The Directorate Interlock-Performance Relationship, Geoffrey P. Martin Dr, Remzi Gozubuyuk Dr, Manuel Becerra Dr 2014 Melbourne Business School

Interlocks And Firm Performance: The Role Of Uncertainty In The Directorate Interlock-Performance Relationship, Geoffrey P. Martin Dr, Remzi Gozubuyuk Dr, Manuel Becerra Dr

Geoffrey P Martin

We examine how uncertainty influences the performance effects of directorate interlocks. Our study offers a new perspective of directorate interlocks as mechanisms that enable firms to improve performance when confronted with greater uncertainty, suggesting that uncertainty positively moderates the interlock-performance relationship. This contrasts with the view based on resource dependence theory suggesting networks reduce uncertainty and enhance firm performance, implying that uncertainty mediates the interlock effect upon performance. Using a sample of 3,745 firms across manufacturing industries in U.S. during the period 2001 to 2009, we find support for the moderation argument and less convincing support for mediation ...


Critical & Creative Thinking And Structured Analytic Methodologies:, James L. Harper 2014 SelectedWorks

Critical & Creative Thinking And Structured Analytic Methodologies:, James L. Harper

James L Harper

No abstract provided.


Corporate Social Performance, Analyst Stock Recommendations, And Firm Future Returns, Xueming Luo, Heli WANG, Sascha Raithel, Qinqin Zheng 2014 Singapore Management University

Corporate Social Performance, Analyst Stock Recommendations, And Firm Future Returns, Xueming Luo, Heli Wang, Sascha Raithel, Qinqin Zheng

Research Collection Lee Kong Chian School Of Business

This study posits that security analysts heed corporate social performance information and factor it into their recommendations to general investors. In particular, as corporate social performance is often uncertain and ambiguous to general investors, analysts may serve as the informational pathway connecting corporate social performance to firm stock returns. Thus, we argue that analyst recommendations mediate the relationship between corporate social performance and firm stock returns. On the basis of not only a qualitative study with literature searches and interviews of stock analysts but also a quantitative study with two longitudinal samples of large firms, we find support for these ...


Impact Of Knowledge Management On Sustainable Development In The Innovative Economy, Vasja Roblek, Maja Meško, Mirjana Pejić Bach, Andrej Bertoncelj 2014 SelectedWorks

Impact Of Knowledge Management On Sustainable Development In The Innovative Economy, Vasja Roblek, Maja Meško, Mirjana Pejić Bach, Andrej Bertoncelj

Vasja Roblek

The purpose of this paper is to study the importance of sustainable development in the innovative economy. Knowledge-based processes in the innovative economy seem to open up several new avenues to be explored in the direction of sustainability. The theory of the innovative economy, in contrast to the neoclassical theory, is not based on the accumulation of financial capital as the main driver of economic growth in the knowledge-based economy but in greater extend on intellectual capital. This new business logic assumes that the rate of economic growth in the innovation economy depends on the products and/or services that ...


Towards A Model For Integrating Management And Communications Theory In Sustainability/Csr Research, LIsa Koep, Aidan O'Driscoll 2014 Dublin Institute of Technology

Towards A Model For Integrating Management And Communications Theory In Sustainability/Csr Research, Lisa Koep, Aidan O'Driscoll

Conference papers

To answer the question of how organisations should communicate effectively their sustainability and CSR claims, this paper adopts a broadened integrative approach. It proposes a model to identify and assess the linkages and relationships between the management of sustainability/CSR – in particular, the stage of a firm’s adoption of sustainability/CSR principles and practice – and the type and approach of marketing and corporate communications most appropriate and efficacious for this stage. The paper identifies the substantial body of work currently available on the management and communication of sustainability/CSR. Further, it highlights the importance of understanding the ethical and ...


Acquiring Nanotechnology Capabilities: Role Of Mergers And Acquisitions, Jan Youtie, Luciano Kay 2014 SelectedWorks

Acquiring Nanotechnology Capabilities: Role Of Mergers And Acquisitions, Jan Youtie, Luciano Kay

Jan Youtie

Mergers and acquisitions (M&As) are an important but unstudied aspect of nanotechnology’s evolution. This paper uses case review and bibliometric analysis to examine 20 M&As involving acquired firms in the nanotechnology domain. The guiding proposition is acquired firms provide complementarities to the acquiring firms. Key measures given consideration include the nature of the post-acquisition organization, whether the pre-acquisition geographic location is retained, the purpose of the acquisitions as indicated in news releases, and the extent of similarity in research publications and patents. Differences by the country of the acquiring firm and sub-industry are noted. Within the limitations ...


Corporate Social Responsibility In A Remedy-Seeking Society: A Public Choice Perspective, Donald J. Kochan 2014 Chapman University School of Law

Corporate Social Responsibility In A Remedy-Seeking Society: A Public Choice Perspective, Donald J. Kochan

Donald J. Kochan

Written for the Chapman Law Review Symposium on “What Can Law & Economics Teach Us About the Corporate Social Responsibility Debate?,” this Article applies the lessons of public choice theory to examine corporate social responsibility. The Article adopts a broad definition of corporate social responsibility activism to include both (1) those efforts that seek to convince corporations to voluntarily take into account corporate social responsibility in their own decision-making, and (2) the efforts to alter the legal landscape and expand legal obligations of corporations beyond traditional notions of harm and duty so as to force corporations to invest in interests other ...


The Nature And Influence Of Relationship On Success In A Virtual Work Environment, Carol Locher Ransone 2014 Antioch University

The Nature And Influence Of Relationship On Success In A Virtual Work Environment, Carol Locher Ransone

Dissertations & Theses

The evolution of technology in the 21st century has led to a greater understanding of the benefits and the challenges of expanding work relationships across geographical boundaries. This expansion has contributed to the development of a global society with over three million employee teleworkers (Global Workplace Analytics and the Telework Research Network, 2013). In spite of the advances in connecting across the globe technologically, the importance of successfully working together in a virtual work environment is grounded in relationships that foster individual growth and group cohesion. The human elements of connectivity are primary to the success of organizations as well ...


Economic Gardening: Capacity Building For Stronger Regions, Patrice Braun, Jessie Harman, Frank Paton 2014 Southern Cross University

Economic Gardening: Capacity Building For Stronger Regions, Patrice Braun, Jessie Harman, Frank Paton

Journal of Economic and Social Policy

Economic stimulation on the local level is increasingly being recognised as the key to regional resilience. As such, regional capacity building initiatives have moved into endogenous development models that build on the local economic context, embedded competencies and social structures.

Illustrating an endogenous regional development initiative, this paper discusses a recent program in regional Victoria based on ‘economic gardening’ principles of infrastructure, information and connections and tailored to the specific needs of small-to-medium enterprises with high growth potential.

The program brought together three tiers of government and the regional university to increase innovative capacity and performance of manufacturers in the ...


Sustainable Food Systems In Northern Queensland, Breda L. McCarthy 2014 Southern Cross University

Sustainable Food Systems In Northern Queensland, Breda L. Mccarthy

Journal of Economic and Social Policy

This paper explores the development of sustainable food systems in Northern Queensland and draws conclusions as to how they can grow and become more stable in the future. It shows how a community is actively and creatively deploying local networks and local resources in order to gain access to locally-grown, sustainable food. The development of this alternative agri-food network (AAFN) is driven by grassroots movements and underpinned by a strong, not-for-profit sector consisting of environmentalists, community leaders and food activists, who are highly critical of the mainstream agri-food system. The opportunities and challenges faced by actors in alternative food systems ...


Should Courts Do Behavioral Analysis Of Boardroom Conduct?, Dale A. Oesterle 2014 University of Maryland Francis King Carey School of Law

Should Courts Do Behavioral Analysis Of Boardroom Conduct?, Dale A. Oesterle

Journal of Business & Technology Law

No abstract provided.


Policing The Social Media Water Cooler: Recent Nlrb Decisions Should Make Employers Think Twice Before Terminating An Employee For Comments Posted On Social Media Sites, Eric Raphan, Sean Kirby 2014 University of Maryland Francis King Carey School of Law

Policing The Social Media Water Cooler: Recent Nlrb Decisions Should Make Employers Think Twice Before Terminating An Employee For Comments Posted On Social Media Sites, Eric Raphan, Sean Kirby

Journal of Business & Technology Law

No abstract provided.


Maryland's Social Networking Law: No "Friend" To Employers And Employees, Alexander Borman 2014 University of Maryland Francis King Carey School of Law

Maryland's Social Networking Law: No "Friend" To Employers And Employees, Alexander Borman

Journal of Business & Technology Law

No abstract provided.


Timing Is Everything? An Empirical Analysis Of The Determinants Of Service Quality Provision, Olivier Chatain, Alon Eizenberg 2014 University of Pennsylvania

Timing Is Everything? An Empirical Analysis Of The Determinants Of Service Quality Provision, Olivier Chatain, Alon Eizenberg

Olivier Chatain

We utilize a unique database from a large legal services provider to examine how service quality responds to the firm's available capacity, and to the nature of the firm-client relationship. We develop empirical measures of both the (internal) level of resources available to the firm at different points in time, and of the (external) value creation for customers. Our results indicate that service quality increases in the amount of the firm's available resources, suggesting that quality adjustment can be used as a means of tackling capacity constraints. We also find that service quality increases in the number of ...


Integrated Market And Nonmarket Strategy: Political Knowledge And The Resource-Based View Of The Firm, Jean-Philippe Bonardi, Rick VandenBergh 2014 SelectedWorks

Integrated Market And Nonmarket Strategy: Political Knowledge And The Resource-Based View Of The Firm, Jean-Philippe Bonardi, Rick Vandenbergh

Jean-Philippe Bonardi

This paper contributes to the political strategy literature by focusing on the role of organizational knowledge about the political environment in explaining firm-level differences in political engagement. We combine insights from the learning literature and from the literature on political markets to develop a unique typology of political knowledge highlighting the degree of institution-specificity and the degree of firm-specificity of political knowledge. We use this typology to explore two questions. First, we consider governance mechanism choices: when firms want to develop one type of political knowledge or another, which governance mechanism should they consider? Second, we look at how the ...


Contract Structure For Joint Production: Risk And Ambiguity Under Compensatory Damages, Michael D. Ryall, Rachelle C. Sampson 2013 SelectedWorks

Contract Structure For Joint Production: Risk And Ambiguity Under Compensatory Damages, Michael D. Ryall, Rachelle C. Sampson

Michael D Ryall

Our goal is to gain insight into variation in the structure of joint production contracts in settings where the parties do not have a precise understanding of the consequences of each others' actions. To this end, we develop a model in which firms have a choice of specifying contractual performance in terms of actions or deliverables in a contract designed to govern their point production project. In our model, penalties for noncompliance are not specified as part of the contract but, instead, left to the courts under the legal doctrine of compensatory damages. We then analyze these choices under three ...


Addressing The Challenges Of Cross-Cultural And Virtual Communication In The Workplace, Sarabjit Sundar 2013 Seton Hall University

Addressing The Challenges Of Cross-Cultural And Virtual Communication In The Workplace, Sarabjit Sundar

Seton Hall University Dissertations and Theses (ETDs)

The move toward a more global or geographically dispersed organization, together with the technology that is being used to enable this, has dramatically changed work and the workplace in the United States and United Kingdom within the last few decades (Ouye, 2011). This is prompting leaders to communicate with teams consisting of vastly different backgrounds, languages and styles, and to essentially ‘work at the same table’ in the absence of physical cues, such as facial expressions and gestures. Leaders of such teams are challenged to create a smooth operation despite the many differences; the possibilities for misunderstandings and cultural blunders ...


Understanding The Attitude-Behavior Gap For Renewable Energy Systems Using Behavioral Reasoning Theory, Aidan O'Driscoll, Marius Claudy, Mark Peterson 2013 Dublin Institute of Technology

Understanding The Attitude-Behavior Gap For Renewable Energy Systems Using Behavioral Reasoning Theory, Aidan O'Driscoll, Marius Claudy, Mark Peterson

Articles

Consumer adoption of renewable energies is an important step towards less carbon-intensive and more sustainable energy systems. But despite growing ecological awareness and articulated preferences for green products, renewable energies face slow rates of diffusion in consumer markets. This has been hard to explain given consumers’ favorability to the concept of products that lower one’s impact on the natural environment. This study uses data from 254 homeowners in Ireland to investigate the psychological process of adopting a renewable energy system – solar energy panels. Applying Behavioral Reasoning Theory (BRT), this research examines a proposed model in which reasons both for ...


Editorial Advisory Board 2013, Issue 1, 2013 McMaster University

Editorial Advisory Board 2013, Issue 1

Journal of Professional Communication

Membership of the Editorial Advisory Board for volume 3, issue 1, 2013 of the Journal of Professional Communication.


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