Showing 11 - 20 of 50,900
Acquisitions can dramatically reshape interorganizational networks by combining previously separate nodes and allowing the acquirer to inherit the target's ties. We define network synergy as the extent to which combining acquirer and target networks through node collapse results in a more...
Persistent link: https://www.econbiz.de/10012924408
This paper investigates the relationship between a CEO’s social network, firm identity, andfirm performance. There are … of CEOs social networks, weobserve for 363 non-financial firms in the UK that the size of a CEO’s social network …
Persistent link: https://www.econbiz.de/10005870474
This paper investigates the relationship between a CEO’s social network, firm identity, and firm performance. There are … comprehensive measure of CEOs social networks, we observe for 363 non-financial firms in the UK that the size of a CEO’s social … use the power they obtain through their social network to the detriment of shareholders. -- CEO, boards of directors …
Persistent link: https://www.econbiz.de/10003732390
We propose and test a view of corporate diversification as a strategy that exploits internal information markets, by bringing together information that is scattered across the economy. First, we construct an inter-industry network using input-output data, to proxy for the economy's information...
Persistent link: https://www.econbiz.de/10013038370
Board composition and role have been under close scrutiny both in the academic and "civil" worlds. Independence has been advocated as a way to reinforce the board's power over the managers. However, the empirical literature does not find convincing results to support this view. This paper offers...
Persistent link: https://www.econbiz.de/10013012009
cash flow retention, more CEO accountability, and less earnings management. We posit that more powerful independent … directors better detect and counter CEO missteps because of better access to information, greater credibility in challenging …
Persistent link: https://www.econbiz.de/10013034429
Using a sample of listed firms in India, the study finds that the inter-firm network on account of director interlocks is a small world and the network has become more integrated since the introduction of corporate governance regulations in the country. Firm level analysis finds a negative...
Persistent link: https://www.econbiz.de/10013035367
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...
Persistent link: https://www.econbiz.de/10013063507
Material private information transmits through social networks. Using manually collected information on networks of alumni reunion cohorts, we show that hedge fund managers connected to directors of firms engaged in merger deals increase call option holdings on target firms before deal...
Persistent link: https://www.econbiz.de/10013243492
Purpose – The purpose of this paper is to investigate the relationship between corporate governance practices or mechanisms and firm value, as measured by accounting and market data. Design/methodology/approach – Partial least square analyses were performed on a sample of 355 observations...
Persistent link: https://www.econbiz.de/10010610520