Results 21 to 30 of about 352,506 (307)
Strategic Management Journal, EarlyView., 2023 Abstract Research Summary Using detailed plant‐ and individual‐level data from a major Japanese cotton spinning company in the early 20th century, we examine the within‐firm allocation of skilled human capital in conjunction with investment in physical capital, accompanying the firm's evolving strategic priorities.
Shotaro Yamaguchi +3 more
wiley +1 more source
The Challenges of Bankruptcy Reform [PDF]
The World Bank Research Observer, 2011 The 2008 financial crisis was followed by a global economic downturn, credit crunch, and reduction in cross-border lending, trade finance, remittances, and foreign direct investment, which adversely affected businesses around the world. The consequent increase in the number of firm insolvencies in the financial and corporate sectors highlights the ...
Cirmizi, Elena +2 more
openaire +5 more sources
Business Strategy and the Environment, EarlyView.ABSTRACT Task‐based diversity among corporate board members, based on specific functional attributes and experiences (age, tenure, and experience) can impact the firm according to both resource‐based view and agency theory. Following this, we explore the relationship between task‐based board diversity and corporate firm performance, analyzing a sample ...
Um‐E‐Roman Fayyaz +3 more
wiley +1 more source
Asset Allocation in Bankruptcy [PDF]
SSRN Electronic Journal, 2015 ABSTRACTThis paper investigates the consequences of liquidation and reorganization on the allocation and subsequent utilization of assets in bankruptcy. Using the random assignment of judges to bankruptcy cases as a natural experiment that forces some firms into liquidation, we find that the long‐run utilization of assets of liquidated firms is lower ...
Shai Bernstein +2 more
openaire +3 more sources
Does It Pay to Be Green? A Total Quality Perspective
Business Strategy and the Environment, EarlyView.ABSTRACT The question of whether, when, and how efforts for better corporate environmental performance (CEP) improve corporate financial performance (CFP) remains controversial. We revisit this question from a total quality perspective, which unites previous research and highlights interdependencies between mediators of the CEP–CFP relationship.
Christine Reitmaier +3 more
wiley +1 more source
Climate Risk and Tax Avoidance of Climate‐Sensitive Firms
Business Strategy and the Environment, EarlyView.ABSTRACT This paper studies corporate tax behavior under increasing risks related to climate change. Using observations for China's listed firms in climate‐sensitive sectors from 2000 to 2020, our results highlight that tax avoidance has been employed to hedge climate change risks for climate‐sensitive firms, whereas we do not find climate risk‐induced
Hanmin Dong, Lin Zhang
wiley +1 more source
Bankruptcy Codes and Innovation [PDF]
SSRN Electronic Journal, 2007 Do legal institutions governing financial contracts affect the nature of real investments in the economy? We develop a simple model and provide evidence that the answer to this question is yes. We consider a levered firm's choice of investment between innovative and conservative technologies, on the one hand, and of financing between debt and equity ...
Acharya, V, Subramanian, K
openaire +5 more sources
Entrepreneurship Experience and Environmental and Social Sustainability in New Companies
Business Strategy and the Environment, EarlyView.ABSTRACT Using survey data on a large sample of European small and medium‐sized enterprises (SMEs), we examine the effect of entrepreneurship experience on environmental and social sustainability (ESS) in new companies. Estimations suggest that experienced entrepreneurs are more engaged in ESS compared to those without previous experience.
Gilles Grolleau +2 more
wiley +1 more source
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l'Administration, EarlyView.ABSTRACT Researchers now understand that the Great Recession stemmed from a “systemic leadership failure,” involving various entities such as the government, financial institutions, investors, homeowners, and regulators. Consequently, traditional leadership approaches of the time came under intense scrutiny, necessitating a shift in leadership ...
Faidon Theofanidis +2 more
wiley +1 more source