1,721,810 research outputs found
Disentangling the impact of control-enhancing mechanisms on firm performance: an empirical investigation across five european countries
Governance scholars and investors traditionally advocate against the use of control enhancing mechanisms, i.e.
mechanisms aimed at separating voting and cash flow rights. These mechanisms may, in fact, determine a
deviation from the proportionality principle and may encourage large and controlling shareholders to expropriate
minority shareholders. The aim of this article is to contribute to the current debate investigating the implications
of these control-enhancing mechanisms on firm performance. To reach this purpose, we collected ownership
data on the (100) largest listed companies per capitalization in five European countries (i.e. France, Germany,
Italy, Spain, and the UK). Then we tested the consequences of control-enhancing mechanisms for firm
performance using 2SLS regression models. Our results show that (i) mechanisms that lock-in control do have a
direct and negative impact on firm performance, and (ii) the negative impact on firm performance of
mechanisms aimed at enhancing control by leveraging voting power is mediated by the divergence in voting
and cash flow rights
Not all brokers are alike: creative implications of brokering networks in different work functions
Brokers are expected to be more creative, however, depends on the environmental stressor
Network structure, collaborative context and individual creativity
The paper challenges the widespread assumption that dense, heavily bonded network structures imply a collaborative attitude on the part of network actors. We theorize and empirically test that collaboration can also be contextual and exogenous to a network’s structural characteristics, such that it moderates the effects of both dense and brokered networks on individual creativity
ISS & Nordea: Facility Management in the Nordic region
The case look at the outsourcing of facility management both from the perspective of the client and vendo
Danfoss – Global Manufacturing Footprint
The case look at the global manufacturing footprint and in particular the one-product-one-plant strateg
Global entrepreneurship: assessment and challenges
Entrepreneurship in a globaql context, where focus is on learning about the foreign markets versus born globals that take big steps in internationalizatio
Nokia: From In-House to Joint R&D
Describe how Nokia organize the outsourcing of R&D to Foxcon
Data-driven innovation : why the data-driven model will be key to future success
No abstract availabl
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