-making, exporting and performance. It is found that managers’ independence is positively associated with firms’ financial performance … positively associated with the percentage of foreign directors on the firm’s board. We interpret these results as an indication … that (i) concentrated owners tend to constrain managerial autonomy at the cost of the firm’s internationalization and …

factors that have changed the merits of firms relative to markets, the managerial bias to pursue growth, and the most recent … organizational size that have expanded our understanding of the advantages and disadvantages of larger firms, the environmental … coalition of the firm may be overly biased toward growth – potentially increasing the risk of firm failure/discipline by the …

financing is through private financing of public firms. We also show that firms that select to go public during our sample … period are ex ante more productive than similar private firms. The results are consistent with public firms bearing the costs …

corporate headquarters strongly correlates with local population density, and the probability two firms are competitors declines …