Relationship between Governing Board Interlocks and Initial Public Offerings (Japanese)
Governing board interlocks composed from bipartite networks with firms and governing board members diffuse management knowledge and information between firms. In this research, we analyzed governing board interlocks in the IT sectors empirically and reveal that interlocks with both listed firms and others firms enhance the probability of an initial public offering (IPO) of the connected firm.
Year of publication: |
2014-04
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Authors: | Naoko, MATSUDA ; Yutaka, MATSUO |
Institutions: | Research Institute of Economy, Trade and Industry (RIETI) |
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