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This study explores the competing influences of different types of board interlocks on diffusion of a strategic initiative among a population of firms. We examine a broad social network of interlocking directors in U.S. firms over a period of 17 years and consider the likelihood these firms will...
Persistent link: https://www.econbiz.de/10013157678
This research extends agency theory by exploring the influence of diverse, and competing, principal interests on executive actions. Findings reveal that dedicated institutional investors, who hold concentrated portfolios over time, are positively associated with strategic competitive actions....
Persistent link: https://www.econbiz.de/10013157679
Today's corporate environment requires managers to be excellent decision makers. Their ability to make fast, widely-supported, and effective decisions will, in large part, shape the performance of their firms. In this article, we describe two cognitive systems that influence decision making....
Persistent link: https://www.econbiz.de/10005354271
Although a growing literature indicates that cultural distance – that is, differences between national cultures – is an important determinant of organizational actions and performance, both empirical and theoretical concerns abound. In this study, the relationships of cultural distance with...
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Executives of ten large banks in three Central European transition economies were interviewed concerning their views of environmental changes. The study sought to identify environmental sectors that were important and uncertain for the bank executives. Central European bankers perceived...
Persistent link: https://www.econbiz.de/10009201571
We identify key theoretical developments in international managerial decision-making research, synthesize how they have been employed, and discuss contributions that may emerge as researchers devote increased attention to bounded rationality. Since behavioral factors were first introduced into...
Persistent link: https://www.econbiz.de/10009201815