Interlocks and firm performance: The role of uncertainty in the directorate interlock-performance relationship

عنوان Interlocks and firm performance: The role of uncertainty in the directorate interlock-performance relationship
نویسنده Martin, G., Gözübüyük, Remzi, Becerra, M.
تاریخ انتشار: 2015-02
محل انتشار - Wiley
موضوع Directorate interlock, Performance, Uncertainty, Networks, Resource dependence
نوع دوره ای
زبان انگلیسی
دیجیتال بله
نسخه خطی خیر
کتابخانه: دانشگاه اوزیغین
شناسه دارایی کتابخانه 1097-0266
شماره ثبت 075e6bbb-1d0d-476c-ae9f-f0e796d143aa
محل کتابخانه Business Administration
تاریخ 2015-02
یادداشت‌ها Due to copyright restrictions, the access to the full text of this article is only available via subscription.
متن نمونه 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
مشاهده در منبع دانشگاه اوزیغین Özyeğin Üniversitesi
Özyeğin Üniversitesi دانشگاه اوزیغین

Interlocks and firm performance: The role of uncertainty in the directorate interlock-performance relationship

نویسنده Martin, G., Gözübüyük, Remzi, Becerra, M.
تاریخ انتشار 2015-02
محل انتشار - Wiley
موضوع Directorate interlock, Performance, Uncertainty, Networks, Resource dependence
نوع دوره ای
زبان انگلیسی
دیجیتال بله
نسخه خطی خیر
کتابخانه دانشگاه اوزیغین
شناسه دارایی کتابخانه 1097-0266
شماره ثبت 075e6bbb-1d0d-476c-ae9f-f0e796d143aa
محل کتابخانه Business Administration
تاریخ 2015-02
یادداشت‌ها Due to copyright restrictions, the access to the full text of this article is only available via subscription.
متن نمونه 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
Özyeğin Üniversitesi
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