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A large body of research explores the characteristics of networks in Western economies. This study primarily analyzes supply networks in Estonia before and after the breakup of the former Soviet Union and the impact of networks on firm performance. Of particular interest is whether firms which...
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Agency theory argues that shareholder interests require protection by separation of incumbency of rôles of board chair and CEO. Stewardship theory argues shareholder interests are maximised by shared incumbency of these rôles. Results of an empirical test fail to support agency theory and...
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