المؤلف
Martin, G., Gözübüyük, Remzi, Becerra, M.
تاريخ النشر
2015-02
مكان النشر
-
Wiley
الموضوع
Directorate interlock, Performance, Uncertainty, Networks, Resource dependence
النوع
دورية
اللغة
الإنجليزية
رقمي
نعم
مخطوط
لا
المكتبة
جامعة اوزيجين
معرف أصل المكتبة
1097-0266
رقم السجل
075e6bbb-1d0d-476c-ae9f-f0e796d143aa
موقع المكتبة
Business Administration
التاريخ
2015-02
ملاحظات
Due to copyright restrictions, the access to the full text of this article is only available via subscription.
نص عينة
We examine how uncertainty influences the performance effects of directorate interlocks. Our study offers a new perspective of directorate interlocks as mechanisms that enable firms to improve performance when confronted with greater uncertainty, suggesting that uncertainty positively moderates the interlock-performance relationship. This contrasts with the view based on resource dependence theory suggesting networks reduce uncertainty and enhance firm performance, implying that uncertainty mediates the interlock effect upon performance. Using a sample of 3,745 firms across manufacturing industries in the United States during the period 2001–2009, we find support for the moderation argument and less convincing support for mediation, suggesting that firms may not form interlocks necessarily to reduce uncertainty. Instead, firms may create interlocks to enable adaptation and enhance performance when confronted by uncertainty.
DOI
10.1002/smj.2216
