Socioemotional Wealth As A Mixed Gamble: Revisiting Family Firm R&D Investments With The Behavioral Agency Model, 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, 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:, 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, 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
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, 2014 Dublin Institute of Technology
Towards A Model For Integrating Management And Communications Theory In Sustainability/Csr Research, Lisa Koep, Aidan O'Driscoll
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, 2014 SelectedWorks
Acquiring Nanotechnology Capabilities: Role Of Mergers And Acquisitions, Jan Youtie, Luciano Kay
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, 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, 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, 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, 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 ...
Institution Building In Nascent Markets: Lessons From The Carbon Offset Market, 2014 Melbourne Business School
Institution Building In Nascent Markets: Lessons From The Carbon Offset Market, Hans Rawhouser, Brandon Lee
In order to compete in nascent markets, an infrastructure of institutions that support economic exchange needs to be built in order. Little is known about whether and to what extent benefits accrue to firms that help develop a nascent market’s institutional infrastructure. To address this gap in the literature, we argue that involvement in building the regulative institutions in a new market—one form of participation on institutional building—helps a firm to build a reputation for as a leader in the market with a firm’s stakeholders. We argue that firms with reputations that are more established and ...
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, 2013 Seton Hall University
Addressing The Challenges Of Cross-Cultural And Virtual Communication In The Workplace, Sarabjit Sundar
Dissertations and Theses
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, 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
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.
Quantifying The Negative -- And Positive -- Effects Of Competitive Intensity On Firm Performance, Michael D. Ryall, Joao Montez, Francisco Ruiz-Aliseda
Michael D Ryall
We contribute to the ``value capture'' stream in strategy, which uses cooperative games to study firm performance under competition. We are motivated by the idea that there are two sides to competition -- a good side (competition for the firm) and a bad side (competition for the firm's transaction partners). We develop three increasingly general measures of competitive intensity and demonstrate that intensity on the good side places a minimum bound on the value captured by the firm, while that on the bad side imposes a maximum. The core, a standard solution concept appropriate for productive deals in free markets ...
Shoot For The Stars? Predicting The Recruitment Of Pretigious Directors At Newly Public Firms, 2013 Singapore Management University
Shoot For The Stars? Predicting The Recruitment Of Pretigious Directors At Newly Public Firms, Abhijith G. Acharya, Timothy G. Pollock
Research Collection Lee Kong Chian School Of Business
This study explores how CEOs' and outside directors' desires for the benefits of signaling and homophily intertwine with their concerns over maintaining power and preserving local status hierarchies to affect the likelihood a firm recruits prestigious outside directors to its board. Using pooled cross-sectional data on the five years following the IPOs of 210 firms that went public between 2001 and 2004, we found that prestigious CEOs and directors viewed the recruitment of prestigious new directors differently, and that these perceptions were moderated by factors that increase the salience of risk of the potential losses to the CEO and existing ...
Women In The Workforce: An In-Depth Analysis Of Gender Roles And Compensation Inequity In The Modern Workplace, 2013 University of New Hampshire
Women In The Workforce: An In-Depth Analysis Of Gender Roles And Compensation Inequity In The Modern Workplace, Rebecca L. Ziman
This paper explores the increase in participation and education of American women in the workforce with a special focus on women in business and accounting roles. The paper then goes on to discuss the wage gap between genders, how to remedy inequality in the workplace, and highlights several reasons why pursing a solution to gender inequality is beneficial for both the employee and the company.
Innovation And Learning Through Knowledge Gatekeepers:A Critical Examination Of The Relationship Betweentrust, Openness, And The Use Of Gatekeepers, Deogratias Harorimana Dr
Dr Deogratias Harorimana
The term ‘gatekeeper’ is widely used to represent a class of those who collect information, knowledge and contextualise this before they can share with the rest of the members of the organisation knowledge networks-both formal and informal organisations. In this study, it was found:
1 that there is a strong relationship between the openness of a given firm, as regards its knowledge sharing culture and level trust, and that firm’s use of knowledge gatekeepers
2 that the stage of a given firm’s growth corresponds to its strategic use of different types of gatekeeping.
In early and decline (renewal ...