Showing 1 - 10 of 5,529
Research on the nature and value of firms’ dynamic capabilities has produced contradictory propositions and findings. Scholars have argued that contingency theorizing has the potential to improve our understanding, as the context in which dynamic capabilities are deployed may affect their...
Persistent link: https://www.econbiz.de/10012694390
Ideally, corporations are directed by boards whose directors provide valuable human capital that match the firms' strategy. We investigate how directors' human capital (international experience, industrial know-how, CEO experience, and financial know-how) affects firm performance including the...
Persistent link: https://www.econbiz.de/10013067757
Corporate strategic Mergers and Acquisitions (M&A) mean focus on growth (e.g. revenue growth) and aim to enhance the firm's competitive position. The academic literature reports however, an extremely high failure rate of strategic M&A – their outcomes are very difficult to forecast and they...
Persistent link: https://www.econbiz.de/10012997186
This paper is concerned with the profitable external growth and proposes an empirical model outlining the major determinants of its success. The results of analysis of the unique sample of strategic growth acquisitions completed from 2000 to 2010 suggest that the success of transaction is...
Persistent link: https://www.econbiz.de/10012947975
political strategies: lobbying and making political contributions. The theoretical model implies that managers, who care more …
Persistent link: https://www.econbiz.de/10013155269
This study investigates the relationship between family ownership, agency costs, financial performance, and companies' business strategies. The targeted population of this study were all 143 manufacturing companies listed on the Indonesia Stock Exchange (IDX) during 2007-2014. About 31% (45) of...
Persistent link: https://www.econbiz.de/10012019037
examine interrelationships between corporate governance, managers' independence from owners in terms of strategic decision …-making, exporting and performance. It is found that managers' independence is positively associated with firms' financial performance … and exporting. In turn, the extent of managers' independence is negatively associated with ownership concentration, but …
Persistent link: https://www.econbiz.de/10014057850
Proponents of insider trading argue that informed trading benefits shareholders and could have a positive effect on firm value, however opponents counter that insider trading could be detrimental to firm value. We measure the extent of strategic informed trading by the fraction of insider trades...
Persistent link: https://www.econbiz.de/10013094352
rubberstamping managers' actions and deferring to other directors on the board without the benefit of information -- can in fact be ….e., from fewer directors) some of the time. We show that opportunistic (principled) managers may not always appoint the least …
Persistent link: https://www.econbiz.de/10012936068
Objective - This study aims to examine the effect of corporate governance and several factors of corporate financial characteristics on earnings management. Corporate governance mechanisms such as an independent board, board size, and audit committee size are expected to be able to limit the...
Persistent link: https://www.econbiz.de/10013240500