An interlock between two firms occurs if the firms share one or more directors in their boards of directors. We explore the effect of interlocks on firm performance for 101 large Dutch firms using a large and new panel database. We use five different performance measures, and for each...

This paper investigates the relationship between a CEO’s social network, firm identity, and firm performance. There are two competing theories that predict contradictory outcomes. Following social network theory, one would expect a positive relation between social networks and firm...

We investigate the impact of actors' positions within regional innovator networks on their innovative performance. The networks of four selected regions are based on information on patent applicants and inventors. Count data regressions show positive effects on innovation of both the total...

An interlock between two firms occurs if the firms share one or more directors in their boards of directors. We explore the effect of interlocks on firm performance for 101 large Dutch firms using a large and new panel database. We use five different performance measures, and for each...

It is well established in the literature that foreign affiliates are subject to a series of governance and assimilation costs that deteriorate their performance. This is particularly relevant for firms which have been recently acquired by foreign investors. We employ the variation in civic...

We show that social capital improves the viability of stakeholder-oriented firms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulations, we find that banks located in communities with high social capital have a higher probability of...

There is significant and growing interest in entrepreneurship. Notwithstanding this interest, sizable barriers limit our understanding of the phenomenon and, by implication, our understanding of who is most likely to succeed in it. One fundamental challenge we face is the confounded language we...

The theoretical predictions about the net impact of board network on firm performance are ambiguous and the issue becomes even more complex in emerging economies characterized by concentrated ownership structure and dominated by business group firms. This paper empirically analyzes the effect of...

Evidence from around the globe shows that family firms are enduring, resilient forms of profit-seeking and not an archaic, transient form that will inevitably disappear. Social science research has tended to characterize the family values of these firms as producing "efficiency distortions" that...

An interlock between two firms occurs if the firms share one or more directors in their boards of directors. We explore the effect of interlocks on firm performance for a sample of 250 French companies using a large and new panel database. We use two different performance measures (Return On...