The agent theory is of central importance to compensation contract, which argues that incentive intensity should be negatively associated with risk. Yet, previous studies have reported mixed findings on this relationship. This study empirically examines this relationship by utilizing data...

In the current era of intensifying competition and globalization, two increasingly important management issues are how to ensure timely responses to threats and opportunities, and whether management practices need to be modified for application in diverse national settings. This study...

The study investigated the effects of individualistic and collectivist cultures (represented by U.S. and Chinese nationals residing in Taiwan, respectively) on individuals' decisions in a team-based working setting. The findings of a laboratory experiment indicated that only the U.S. subjects...

This study investigates the effects of national culture on the truthfulness of subordinates' upward communications under alternate pay schemes. U.S. nationals and Chinese nationals in Taiwan were used to represent members of two cultures that significantly diverge on three cultural dimensions...

This study examines how manager's power affects capital expenditure in conglomerates, and how the firm's corporate governance mitigates the influence of subsidiary managers' informal power on capital expenditure. We conducted an empirical study using Taiwanese Business Group data, which includes...

This study seeks to advance understanding of how transformational leadership by top executives can affect their companies' innovativeness. A holistic model is proposed that includes both direct effects from transformational leadership, and indirect effects mediated by characteristics of the...

The study investigates the appropriateness of using publication of an article in a top (specifically, top three) accounting journal as a proxy for its quality, as reflected by its impact on others' research. This investigation is motivated by an apparent increase in pressures to publish in top...

We examine how employees respond to bonuses and penalties using a proprietary data set from an electronic chip manufacturer in China. First, we examine the relative effects of bonuses and penalties and observe a stronger effect on subsequent effort and performance for penalties than for bonuses....

Prior literature shows that social networks from outside have great impact on the firm performance. This study focuses on the impact of social network on firm performance especially from the depth of the social network created by key shareholders. In addition, firms in emerging markets face...