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排序方式: 共有216条查询结果,搜索用时 15 毫秒
61.
This study examines how shareholders will interpret a socially desirable action taken by firms with a damaged corporate reputation status. We first explain theoretically why shareholders’ path‐dependent judgments of a tainted firm increase the likelihood of shareholders making less favourable judgments of the firm's socially desirable actions. We then test the theoretical predictions using a sample of Chinese listed firms that were sanctioned for securities fraud and subsequently made donations to the 2008 Sichuan earthquake relief funds. We find that the shareholders evaluate the donations made by fraud‐tainted firms less favourably than those made by firms that have not been sanctioned for fraud. Furthermore, the shareholders’ evaluations of the donations made by fraud‐tainted firms is less favourable if the firms have committed more serious fraud and undertaken fewer positive remedial actions in the post‐fraud period. Overall, our evidence demonstrates that shareholders’ path‐dependent judgments of fraud‐tainted firms constitute a major obstacle that constrains the effectiveness of reputation repair. 相似文献
62.
This study examines how the Chinese state-owned banks allocate loans to private firms. We find that the banks extend loans to financially healthier and better-governed firms, which implies that the banks use commercial judgments in this segment of the market. We also find that having the state as a minority owner helps firms obtain bank loans and this suggests that political connections play a role in gaining access to bank finance. In addition, we find that commercial judgments are important determinants of the lending decisions for manufacturing firms, large firms, and firms located in regions with a more developed banking sector; political connections are important for firms in service industries, large firms, and firms located in areas with a less developed banking sector. 相似文献
63.
Uncovering Micro‐Practices and Pathways of Engagement That Scale Up Social‐Driven Collaborations: A Practice View of Power
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Sonia Tello‐Rozas Marlei Pozzebon Chantale Mailhot 《Journal of Management Studies》2015,52(8):1064-1096
This paper explores how large‐scale social‐driven collaborations might grow in scale and help promote political change. We present the results of a qualitative investigation of a complex platform where multiple and hybrid collaborations co‐exist and where civil society plays a central role. Based on a longitudinal comparative case study, we draw a processual model describing micro‐practices and pathways of engagement. We show that the emergence of these collaborations requires a new type of convener, one that is able to manage the interplay between the sharing/co‐creation of abundant resources and the coordinated decentralization of informal authority. Our study extends existing debates on the role of resources and authority, showing the complementarity between possession and practice perspectives of power. Finally, we identified synergies between collaboration and social movement literatures, particularly showing that large‐scale collaborations could be mobilized to refine social movement agendas and achieve more purposive collective action. 相似文献
64.
We propose a model to estimate the private benefits of control in control transfer transactions for a broad range of regulatory environments, from private negotiations to mandatory tender offers. The Barclay and Holderness' and Dyck and Zingales' Block Premium models are nested as special cases. With corporate control transfer regulation around the world moving from the Market Rule to the Equal Opportunity Rule, our theoretical model is a flexible tool for empirical studies. We apply our model to study the effect of the implementation of Chile's Tender Offer Law in 2000 and find that control premiums fell significantly. This drop is statistically unrelated to the targets' affiliation to an economic group. Our results suggest that improved corporate governance practices and the Equal Opportunity Rule alignment effect reduced the scope for extraction of private benefits of control. 相似文献
65.
Sonia Oreffice 《Labour economics》2011,18(2):145-158
This study estimates the effect of intra-household-bargaining on gay and lesbian couples' labor supplies, in order to determine how homosexual and heterosexual decision making compare, in a collective-household framework. Data from the 2000 US Census show that couples of all types exhibit a significant response to bargaining power shifts, as measured by age and non-labor-income differences between partners. Among gay, lesbian, and heterosexual cohabiting couples, a relatively young or rich partner has more bargaining power and supplies less labor, the opposite being true for his/her mate. Among married couples, the older spouse is instead more powerful, or the richer. No such patterns are found among same-sex roommates. 相似文献
66.
We consider a framework where firms which compete in an international product market are not all submitted to a pollution
permit market. Using the Brander and Spencer’s framework (J Int Econ 18:83–100, 1985), we seek to determine the optimal strategies of both a dominant firm in the pollution permit market and the regulator in
a such context. We first show that the dominant firm pursues a strategic manipulation to increase its profit. We also find
that the regulator uses a sophisticated strategic policy to increase the domestic welfare by using two instruments: the initial
allocation of pollution permits and the pollution cap. 相似文献
67.
Robert Stewart Sabrina D. Volpone Derek R. Avery Patrick McKay 《Journal of Business Ethics》2011,100(4):581-593
Efforts to identify antecedents of employee turnover are likely to offer value to organizations through money saved on recruitment
and new-hire training. The authors utilized the stakeholder perspective to corporate social responsibility to examine the
effects of a perceived climate for ethics on the relationship between diversity climate and voluntary turnover intentions.
Specifically, they examined how ethics climate (employees’ perceptions that their organization values and enforces ethically
correct behavior) affected the diversity climate–turnover intentions relationship. Results indicated that ethics climate moderated
the diversity climate–turnover intentions relationship. Turnover intentions were lowest among workers perceiving both a pro-diversity
and highly ethical climate. These results reinforce the need to communicate both diversity values and ethical standards to
employees. 相似文献
68.
Motivated by the theoretical prediction of the opportunistic behaviour of large banks that face expected public intervention, we test a full and a partial form of the too-big-to-fail (TBTF) hypothesis. The full form of the hypothesis implies the increase in the risk undertakings and profitability of banks that exceed a certain dimension; the partial form of the hypothesis implies only an augmented risk appetite of large banks compared to their smaller counterparts. The examined area is the European banking industry, whose behaviour is observed over the first wave of the present financial crisis (2007/09). The estimation of a quadratic fit that links change in a bank’s credit risk profile and profitability retention rates with a bank’s size suggests the existence of a partial form of the TBTF hypothesis. However, a more precise, local rolling windows estimation of the size sensitivities reveals that large banks – those whose liabilities exceed approximately 2% of the country of origin’s GDP (15% of our sample) – show an increase in credit risk profile and a superior capability of retaining higher ROA scores, vis-à-vis their smaller counterparts. With the caveats of our investigation, we interpret these results as evidence of a full form of the TBTF hypothesis. 相似文献
69.
This article presents a study of sex-typed service images based on gender research in marketing and service encounter theory. The purpose is to address the issues of how and why services as distinct from products acquire a sex-typed image. Two streams of research provide the variables hypothesized to influence sex- image determination: gender research provides individual variables related to the consumer him/herself, and service encounter research provides variables related to the service itself. Consumer variables include an individual's biological and psychological sex image and personal use, while service variables deal with the sex image of the firm's characteristic provider and typical customer. A study conducted to test the hypotheses that both sets of variables influence a service's sex-typed image is presented. Marketing implications for development and promotion of new services and re-positioning of extant ones are discussed. 相似文献
70.
The future demand for data and the role of gigabit networks are central issues in the context of Next Generation Access (NGA) network roll-out. Based on a generic model, which allows to predict unconstrained future broadband demand in different regions and countries, the authors compare the results for Germany, the UK and the Flemish region, and discuss reasons for the different outcomes. The generic market potential model thereby allows to project the future demand for bandwidth from residential customers on the basis of applications and their bandwidth needs, user profiles and population structure on a household level. Despite a general trend towards an increasing need for broadband, there are clear differences. On the one hand, these point to the relevance of socio-demographic factors for broadband adoption. On the other hand, the relatively high proportion of refusals shows that there is still a need for further educational work on the part of public authorities and providers. Finally, it has to be stated, that our forecast relies on the assumption that connectivity and thus that the availability of area-wide gigabit capable broadband access does not represent a bottleneck. 相似文献