Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Business
When To “Make” And When To “Buy”: A Contingency Theory Of Making Versus Buying Managerial Human Capital, Dhuha Abdulsallam
When To “Make” And When To “Buy”: A Contingency Theory Of Making Versus Buying Managerial Human Capital, Dhuha Abdulsallam
Theses and Dissertations
When should firms build talent, and when should they buy? There is theoretical consensus that internal hires would exceed externals in performance because of their firm-specific human capital. However, by integrating the creativity and innovation literature, I present a non-traditional theoretical view which argues that in creative environments with a time-lag on related expectations and outputs, externally hired managers would exceed internally promoted managers in several different performance- related outcomes. I also explore the social influence associated with the hiring origin of middle managers by integrating psychology and economic rationale to study the impact of managerial hiring origin decisions on …
Equity Mispricing, Firms' Innovation And Institutional Investors, Hamid Sakaki
Equity Mispricing, Firms' Innovation And Institutional Investors, Hamid Sakaki
Theses and Dissertations
First essay has two primary objectives. First, I investigate the relation between institutional investors and firms’ innovation activities and second, the impact of different types of institutional investors on firms’ innovation by classifying institutional investors into five groups. After controlling for other determinants of innovation, the results show that higher institutional ownership stability boosts innovation activities measured by the number of patents and citations. The results also indicate that banks, insurance, and investment companies have a positive and significant effect on firms’ innovation, while investment advisors could affect innovation activities negatively. Moreover, when I classify the institutional investors based on …