Showing 1 - 10 of 103
The central question of this study involves the relation between the use of takeover defenses and IPO firm value. We report that management frequently uses takeover defenses before taking the firm public. The use of takeover defenses is primarily motivated by managerial entrenchment. IPO...
Persistent link: https://www.econbiz.de/10010837490
The application of the classical "linear" model of incentive pay to the case when the noise is multiplicative to effort generates two predictions for a given strength of incentives: 1) more risk-averse workers will put in less effort, and 2) setting a performance target will weaken the negative...
Persistent link: https://www.econbiz.de/10010731361
The numerous scandals in business, such as those at AIG, Tyco, WorldCom, Enron and Ahold, have made all of us concerned about the emergence of unethical and irresponsible behavior in organizations. Such widespread corruption in business and politics has, as result, prompted a growth of interest...
Persistent link: https://www.econbiz.de/10010730468
There is a growing interest in theory and in practice with regard to the relationship between human resource management [HRM] and total quality management [TQM] as well as the relationship between these two perspectives and business performances. Empirical research suggests significant effects...
Persistent link: https://www.econbiz.de/10010730872
This paper employs the methodology of Agent-Based Computational Economics (ACE) to investigate under what conditions trust can be viable in markets. The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers. Agents adapt their trust in a partner, the weight...
Persistent link: https://www.econbiz.de/10010730875
Leadership often serves as an explanatory category for performance outcomes (i.e., failure and success). This process can strengthen or weaken leadership effectiveness, because contingent on their performance leaders may gain or lose follower endorsement – the basis of leadership. Drawing on...
Persistent link: https://www.econbiz.de/10010730889
Based on arguments about long-term orientation and corporate reputation, we argue that family and founder firms differ from other firms with regard to corporate social responsibility. Using Bayesian analysis, we then show that family and founder ownership are associated with a lower level of...
Persistent link: https://www.econbiz.de/10010730909
HRM research rarely focusses on ethical issues and on moral legacies embedded in employees' cultural software. Ignoring the latter can result in a failure to assess important criteria of strategic HRM policies, which should not stop at the factory door nor at the state borders. Recent HRM...
Persistent link: https://www.econbiz.de/10010730931
To fully understand the relationship between human resource management and performance in different contexts, we are in need of a synthesis between resource-based theory and new institutionalism. We argue that differences in institutional settings (between for example countries or branches of...
Persistent link: https://www.econbiz.de/10010730940
Team reflexivity, or the extent to which teams reflect upon and modify their functioning, has been identified as a key … team reflexivity, and it is thus important to develop theorizing around the determinants of reflexivity. From an applied … addresses this important gap in our understanding of team reflexivity by focusing on the role of leader behavior. We examined …
Persistent link: https://www.econbiz.de/10010730946