In this paper we note that unrelated research in the management and finance fields, if combined, makes predictions concerning board reforms in emerging countries. Specifically, outside directors' demographic characteristics that are salient to foreign investors should reduce stock price...

This paper investigates whether the social capital of outside directors has an impact on firm performance and value, using a sample of 480 outside directors from 125 large publicly traded Korean companies. In order to measure social capital, we map out the social networks of outside directors on...

It is often observed that superiors within an organization can lead subordinates because the former are smarter or have more organization-related knowledge. In this paper, we argue that even without such superior talent or prior knowledge, superiors can outperform and lead subordinates....

This paper examines the impact of internationalization on the product, process and organizational innovations of Korean service firms. Despite the increasing importance of the service sector and the discrepancies in the natures of the manufacturing and service industries, the...

The completion vs. abandonment of an acquisition deal after announcement is an important issue for both the target and the acquiring firms, as it can cause not only short-term monetary cost but also severe problems related to reputation and business. However, the dynamics of pre-acquisition...

This paper explores how the composition of a firm's outside directors influences the growth of foreign investment in the firm. In this paper, we explore a signaling role of the composition of a firm's outside directors by examining how the composition influences the growth of foreigners'...

This paper examines the impact of internationalization on the production, process, and organizational innovations of Korean service firms. While the effect of foreign activities on organizational learning has been progressively revealed mostly in the manufacturing sector, the question remains...

The purpose of this paper is two-fold. First, we explore the precise impact of trust and perceived risk on the core constructs of UTAUT (Unified Theory of Acceptance and Use of Technology) and thereby delicately expands the model, building upon the previous studies, which are limited to...

This paper explores how the structure and composition of the board of directors influence crucial decisions made in the firm, especially in the early years after a massive corporate governance reform towards an Anglo-Saxon system. With a sample of large Korean firms in 2000-2003, this study...

We identify and examine the efficacy of organizational mechanisms through which diversified firms are effectively managed without loss of control. Building on the resource based view of business groups, we argue that business groups in emerging markets use these mechanisms more often and derive...