Results 201 to 210 of about 369,130 (243)

Managing agency business groups, elite directors, and the rubber boom, 1897–1913

open access: yesThe Economic History Review, EarlyView.
Abstract We identify a new organizational form, the Managing Agency Business Group (MABG), demonstrating how agency houses used interlocking directorships to build groups on the basis of commercial and plantation expertise to access finance on London stock markets and local capital markets in the pre‐1914 rubber boom.
David Higgins, Steven Toms
wiley   +1 more source

Foundation governance for the purposeful ownership of enterprise

open access: yesEuropean Management Review, EarlyView.
Abstract Foundation‐owned companies are regarded as real‐world examples of commitment to a company purpose, and several world‐class companies have this ownership structure. They have been found to perform surprisingly well, given the accountability and incentive problems anticipated by conventional economic theories when nonprofit organizations own ...
Terry McNulty, Steen Thomsen
wiley   +1 more source

Dual‐aim purpose strategies and organizational design solutions

open access: yesEuropean Management Review, EarlyView.
Abstract This paper advances theory on the strategic dimensions of corporate purpose by exploring how organizations design for a dual‐aim purpose—pursuing both financial and pro‐social objectives that are inherently in tension. While earlier research highlights purpose as a unifying force that motivates action and guides strategic decision‐making, we ...
Johanna E. Pregmark   +2 more
wiley   +1 more source

Weather‐Induced Positive Sentiment and Insider Trading

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT Exploiting variations in sunshine exposure near insiders' locations, we find that weather‐induced positive sentiment leads to higher insider purchases, albeit with lower performance. Overoptimism induced by abnormally good weather serves as the underlying mechanism. The effect is more pronounced when insiders' purchase decisions are fuelled by
Douglas Cumming   +3 more
wiley   +1 more source

Changes in the Turnover Ratio and Liquidity in International Equity Markets

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine global trading activity over 15 years and compare trends across countries. We find that European volume has grown, but less than in other countries, while turnover ratios have declined. However, the decline is exaggerated in standard volume data, which focuses on primary market trading, and becomes comparable after adjusting North ...
Jose S. Penalva, Mikel Tapia
wiley   +1 more source

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