The moderating effect of environmental dynamism on the ownership and performance relationship |
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Authors: | Mingfang Li Roy L. Simerly |
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Abstract: | Agency theory posits a positive relationship between insider ownership and organizational performance. Past empirical studies examining this issue have not firmly established this relationship. The current study postulates and tests the moderating effect of environmental dynamism on the insider ownership and performance nexus. Implications and future research directions are considered. © 1998 John Wiley & Sons, Ltd. |
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Keywords: | environmental dynamism agency theory performance |
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