Access the full text.
Sign up today, get DeepDyve free for 14 days.
T. Kostova, Srilata Zaheer (1999)
Organizational Legitimacy Under Conditions of Complexity: The Case of the Multinational EnterpriseAcademy of Management Review, 24
Raja Kali (1999)
Endogenous Business NetworksJournal of Law Economics & Organization, 15
Global Journal of Business Research, 5
S. Bhaumik, N. Driffield, S. Pal (2010)
Does ownership structure of emerging-market firms affect their outward FDI? The case of the Indian automotive and pharmaceutical sectorsJournal of International Business Studies, 41
R. Chakrabarti, W. Megginson, P. Yadav (2008)
Corporate Governance in IndiaIndian School of Business Research Paper Series
T. Habbershon, J. Astrachan (1997)
Research Note: Perceptions Are Reality: How Family Meetings Lead to Collective ActionFamily Business Review, 10
W. Boeker, J. Goodstein (1991)
Organizational performance and adaptation: effects of environment and performance on changes in board composition.Academy of Management journal. Academy of Management, 34 4
(1995)
Stakeholder thinking and the board of directors in owner/manager firms
P. McDougall, B. Oviatt (2000)
International Entrepreneurship: The Intersection of Two Research PathsAcademy of Management Journal, 43
Donald Langevoort (2001)
Seeking Sunlight in Santa Fe's Shadow: The SEC's Pursuit of Managerial AccountabilityWashington University Law Review, 79
J. Pearce, S. Zahra (1992)
BOARD COMPOSITION FROM A STRATEGIC CONTINGENCY PERSPECTIVEJournal of Management Studies, 29
F. Neubauer, Alden Lank (1998)
Stages of Evolution of Family Enterprises
M. Faccio, M. Lasfer (2000)
Do occupational pension funds monitor companies in which they hold large stakesJournal of Corporate Finance, 6
S. Jain (2006)
Emerging economies and the transformation of international business : Brazil, Russia, India and China (BRICs)
D. Yermack, Anil Shivdasani (1998)
CEO Involvement in the Selection of New Board Members: An Empirical AnalysisNYU Law & Economics Research Paper Series
J. Pfeffer (1988)
Intercorporate Relations: A resource dependence perspective on intercorporate relations
Deepak Datta, Martina Musteen, P. Herrmann (2009)
Board Characteristics, Managerial Incentives, and the Choice Between Foreign Acquisitions and International Joint VenturesJournal of Management, 35
Ajai Gaur, Vikas Kumar, Deeksha Singh (2013)
Institutions, Resources, and Internationalization of Emerging Economy FirmsERN: Other Econometrics: Applied Econometric Modeling in International Economics (Topic)
Clifford Kono, Donald Palmer, R. Friedland, M. Zafonte (1998)
Lost in Space: The Geography of Corporate Interlocking Directorates1American Journal of Sociology, 103
James Westphal, E. Zajac (1995)
Defections from the Inner Circle: Social Exchange, Reciprocity, and the Diffusion of Board Independence in U.S. CorporationsAdministrative Science Quarterly, 42
J. Conger, D. Finegold, Lawler rd (1998)
Appraising boardroom performance.Harvard business review, 76 1
C. Sundaramurthy, Marianne Lewis (2003)
Control and Collaboration: Paradoxes of GovernanceAcademy of Management Review, 28
Mikko Mustakallio, E. Autio, S. Zahra (2002)
Relational and Contractual Governance in Family Firms: Effects on Strategic Decision MakingFamily Business Review, 15
L. Tihanyi, Richard Johnson, R. Hoskisson, M. Hitt (2003)
Institutional Ownership Differences and International Diversification: The Effects of Boards of Directors and Technological OpportunityAcademy of Management Journal, 46
B. Boyd (1990)
Corporate linkages and organizational environment: A test of the resource dependence modelSouthern Medical Journal, 11
I. Filatotchev (2006)
Effects of Executive Characteristics and Venture Capital Involvement on Board Composition and Share Ownership in IPO FirmsFEN: Behavioral Finance (Topic)
R. Barontini, L. Caprio (2006)
The Effect of Family Control on Firm Value and Performance: Evidence from Continental EuropeEuropean Finance
T. Khanna, K. Palepu (2000)
Emerging Market Business Groups, Foreign Intermediaries, and Corporate Governance
Journal of Accounting and Economics, 53
M. Ramón-Llorens, Emma García‐Meca, Antonio Duréndez (2017)
Influence of CEO characteristics in family firms internationalizationInternational Business Review, 26
N. Korac-Kakabadse, A. Kakabadse, A. Kouzmin (2001)
Board governance and company performance: any correlations?Corporate Governance, 1
James Booth, D. Deli (1996)
Factors affecting the number of outside directorships held by CEOsJournal of Financial Economics, 40
Deeksha Singh, Ajai Gaur (2013)
Governance Structure, Innovation and Internationalization: Evidence from IndiaEconometric Modeling: Corporate Finance & Governance eJournal
H. Sherman, R. Kashlak, M. Joshi (1998)
The effect of the board and executive committee characteristics on the degree of internationalizationJournal of International Management, 4
R. Caves (1971)
International Corporations: The Industrial Economics of Foreign InvestmentEconomica, 38
B. Baysinger, R. Hoskisson (1990)
The Composition of Boards of Directors and Strategic Control: Effects on Corporate StrategyAcademy of Management Review, 15
A. Ashwin, R. Krishnan, Rejie George (2015)
Family firms in India: family involvement, innovation and agency and stewardship behaviorsAsia Pacific Journal of Management, 32
Sam Garg, K. Eisenhardt (2016)
Unpacking the CEO-Board Relationship: How Strategy-Making Happens in Entrepreneurial FirmsCorporate Governance: Actors & Players eJournal
N. Vafeas (1999)
Board meeting frequency and firm performanceJournal of Financial Economics, 53
Mason Carpenter, James Westphal (2001)
The Strategic Context Of External Network Ties: Examining The Impact Of Director Appointments On Board Involvement In Strategic Decision MakingAcademy of Management Journal, 44
Jun-Koo Kang, Anil Shivdasani (1995)
Firm performance, corporate governance, and top executive turnover in JapanJournal of Financial Economics, 38
S. Purkayastha, T. Manolova, L. Edelman (2016)
Business group effects on the R&D intensity-internationalization relationship: Empirical evidence from IndiaJournal of World Business, 53
M. Mizruchi, L. Stearns (1994)
A Longitudinal Study of Borrowing by Large American CorporationsAdministrative Science Quarterly, 39
Biao Xie, Wallace Davidson, Peter Dadalt (2001)
Earnings Management and Corporate Governance: The Roles of the Board and the Audit CommitteeCorporate Finance: Governance
B. Johannisson, M. Huse (2000)
Recruiting outside board members in the small family business: an ideological challengeEntrepreneurship & Regional Development, 12
Aya Chacar, B. Vissa (2005)
Are emerging economies less efficient? Performance persistence and the impact of business group affiliationSouthern Medical Journal, 26
E. Autio, H. Sapienza, J. Almeida (2000)
Effects of Age at Entry, Knowledge Intensity, and Imitability on International GrowthAcademy of Management Journal, 43
M. Young, D. Ahlstrom, G. Bruton, E. Chan (2001)
The Resource Dependence, Service and Control Functions of Boards of Directors in Hong Kong and Taiwanese FirmsAsia Pacific Journal of Management, 18
Preet Aulakh, Masaaki Kotabe, Hildy Teegen (2000)
Export Strategies and Performance of Firms from Emerging Economies: Evidence from Brazil, Chile, and MexicoAcademy of Management Journal, 43
John Busenbark, Trevis Certo, H. Woo (2016)
Sample Selection Bias and Heckman Models in Strategic Management Research, 2015
R. Tomasic (2001)
Governance and the Evaluation of Corporate Law and Regulation in AustraliaCorporate Governance, 1
Strategic Management Journal, 22
A. Yu, Hung-bin Ding, Hsi-Mei Chung (2015)
Corporate social responsibility performance in family and non-family firms: The perspective of socio-emotional wealthAsian Business & Management, 14
Ronald Masulis, Cong Wang, Feixue Xie (2011)
Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm PerformanceSPGMI: Compustat Fundamentals (Topic)
Hsiang‐Lan Chen, Wen-Tsung Hsu (2009)
Family Ownership, Board Independence, and R&D InvestmentFamily Business Review, 22
M. Young, Mike Peng, D. Ahlstrom, G. Bruton, Yi Jiang (2008)
Corporate Governance in Emerging Economies: A Review of the Principal-Principal PerspectiveCorporate Finance: Governance
Raveendra Chittoor, Preet Aulakh, Sougata Ray (2015)
What Drives Overseas Acquisitions by Indian Firms? A Behavioral Risk-Taking PerspectiveManagement International Review, 55
Svante Andersson, Jonas Gabrielsson, I. Wictor (2009)
International Activities in Small Firms: Examining Factors Influencing the Internationalization and Export Growth of Small FirmsCanadian Journal of Administrative Sciences, 21
Pei-Gi Shu, Yin‐Hua Yeh, Shean-Bii Chiu, Ya Yang (2015)
Board external connectedness and earnings managementAsia-Pacific Management Review, 20
Bavi Dharwadkar, Gerald George, Pamela Brandes (2000)
Privatization in Emerging Economies: An Agency Theory PerspectiveAcademy of Management Review, 25
J. Core, Robert Holthausen, D. Larcker (1999)
Corporate governance, chief executive officer compensation, and firm performance 1 The financial supJournal of Financial Economics
(2002)
Interlocking directorates and intercorporate coordination
Sougata Ray, Arindam Mondal, K. Ramachandran (2018)
How does family involvement affect a firm's internationalization? An investigation of Indian family firmsGlobal Strategy Journal, 8
M. Useem (1982)
Classwide Rationality in the Politics of Managers and Directors of Large Corporations in the United States and Great BritainAdministrative Science Quarterly, 27
C. Barroso, Ma Villegas, Leticia Pérez‐Calero (2011)
Board Influence on a Firm's InternationalizationIO: Empirical Studies of Firms & Markets eJournal
J. Goodstein, Kanak Gautam, W. Boeker (1994)
The effects of board size and diversity on strategic changeSouthern Medical Journal, 15
S. Baccouche, Manel Hadriche, Abdelwehed Omri (2014)
Multiple directorships and board meeting frequency: evidence from FranceApplied Financial Economics, 24
Journal of Financial Economics, 87
C. Singla, R. Veliyath, Rejie George (2014)
Family firms and internationalization‐governance relationships: Evidence of secondary agency issuesSouthern Medical Journal, 35
Sae-Won Park, J. Choi, S. Yoo (2007)
The Value of Outside Directors: Evidence from Corporate Governance Reform in KoreaFox: Finance (Topic)
M. Jensen (1993)
The Modern Industrial Revolution, Exit, and the Failure of Internal Control SystemsCGA: Governance & Internal Control Systems (Topic)
T. Khanna, Joe Kogan, K. Palepu (2002)
Globalization and Similarities in Corporate Governance: A Cross-Country AnalysisReview of Economics and Statistics, 88
Winfried Ruigrok, Simon Peck, Hansueli Keller (2006)
Board Characteristics and Involvement in Strategic Decision Making: Evidence from Swiss CompaniesEuropean Economics eJournal
M. Mizruchi (1996)
What Do Interlocks Do? An Analysis, Critique, and Assessment of Research on Interlocking DirectoratesReview of Sociology, 22
Joseph Carcello, D. Hermanson, T. Neal, Richard Riley (2000)
Board Characteristics and Audit FeesSEIN Corporate Governance & Accountability eJournal
M. Huse (2000)
Boards of directors in SMEs: a review and research agendaEntrepreneurship & Regional Development, 12
Albert Cannella, Carla Jones, M. Withers (2015)
Family- versus Lone-Founder-Controlled Public Corporations: Social Identity Theory and Boards of DirectorsAcademy of Management Journal, 58
James Chrisman, J. Chua, Reginald Litz (2004)
Comparing the Agency Costs of Family and Non–Family Firms: Conceptual Issues and Exploratory EvidenceEntrepreneurship Theory and Practice, 28
J. Dunning (1998)
Location and the Multinational Enterprise: A Neglected Factor?Journal of International Business Studies, 29
J. Coles, Naveen Daniel, L. Naveen (2005)
Boards: Does One Size Fit All?Drexel University LeBow College of Business Research Paper Series
(2011)
Limited dependent models: censoring, truncation, and sample selection
The Journal of Finance, 48
William Judge, Carl Zeithaml (1992)
Institutional and Strategic Choice Perspectives on Board Involvement in the Strategic Decision Process
S. Johl, Shireenjit Kaur, B. Cooper (2015)
Board Characteristics and Firm Performance: Evidence from Malaysian Public Listed FirmsJournal of Economics, Business and Management, 3
Contemporary Accounting Research, 19
A. Demb, F. Neubauer (1992)
The corporate board: confronting the paradoxes.Long range planning, 25 3
J. Pfeffer (1972)
Size and Composition of Corporate Boards of Directors: The Organization and its EnvironmentAdministrative Science Quarterly, 17
Martin Lipton, J. Lorsch (1992)
A Modest Proposal for Improved Corporate GovernanceBusiness Lawyer
Richard Lester, Albert Cannella (2006)
Interorganizational Familiness: How Family Firms Use Interlocking Directorates to Build Community–Level Social Capital 1Entrepreneurship Theory and Practice, 30
Natalia Ortiz‐de‐Mandojana, J. Aragón-Correa, Javier Delgado-Ceballos, Vera Ferrón‐Vílchez (2012)
The Effect of Director Interlocks on Firms' Adoption of Proactive Environmental StrategiesEmerging Markets: Finance eJournal
Olof Brunninge, M. Nordqvist (2004)
Ownership Structure, Board Composition and Entrepreneurship : Evidence from Family Firms and Venture-Capital Backed FirmsInternational Journal of Entrepreneurial Behaviour & Research, 10
Organization Science, 19
The Journal of Finance, 58
Francisca Silva, Nicolas Majluf, R. Paredes (2006)
OWNERSHIP STRUCTURE AND PERFORMANCE: EMPIRICAL EVIDENCE FROM CHILEAN FIRMSCorporate Ownership and Control, 3
The Journal of Finance, 54
R. García-Ramos, Belén Díaz-Díaz, M. García‐Olalla (2017)
Independent directors, large shareholders and firm performance: the generational stage of family businesses and the socioemotional wealth approachReview of Managerial Science, 11
Byung Min, A. Chizema (2018)
Board Meeting Attendance by Outside DirectorsJournal of Business Ethics, 147
A. Hillman, T. Dalziel (2003)
Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence PerspectivesAcademy of Management Review, 28
Robert Walker (1992)
Rank Xerox--management revolution.Long range planning, 25 1
Academy of Management Journal, 35
Salvatore Sciascia, Pietro Mazzola, J. Astrachan, Torsten Pieper (2013)
Family Involvement in the Board of Directors: Effects on Sales InternationalizationJournal of Small Business Management, 51
Katalin Haynes, A. Hillman (2010)
The effect of board capital and CEO power on strategic changeSouthern Medical Journal, 31
Jonathan Johnson, C. Daily, Alan Ellstrand (1996)
Boards of Directors: A Review and Research AgendaJournal of Management, 22
Abubakr Saeed, A. Yousaf, Jaithen Alharbi (2017)
Family and state ownership, internationalization and corporate board-gender diversity: Evidence from China and India, 24
J. Sarkar, Subrata Sarkar, K. Sen (2008)
Board of Directors and Opportunistic Earnings Management: Evidence from IndiaJournal of Accounting, Auditing & Finance, 23
Mohammad Fuad, A. Sinha (2018)
Entry-timing, business groups and early-mover advantage within industry merger waves in emerging markets: A study of Indian firmsAsia Pacific Journal of Management, 35
Anke Hassel, M. Höpner, Antje Kurdelbusch, B. Rehder, Rainer Zugehör (2003)
Two Dimensions of the Internationalization of FirmsJournal of Management Studies, 40
Mark Granovetter (1995)
Coase Revisited: Business Groups in the Modern EconomyIndustrial and Corporate Change, 4
(2012)
Exploring the relationship between earnings management and corporate governance characteristics in the Indian context
J. Varma (1998)
Indian Financial Sector Reforms: A Corporate PerspectiveVikalpa: The Journal for Decision Makers, 23
Y. Kor, C. Sundaramurthy (2008)
Experience-Based Human Capital and Social Capital of Outside DirectorsJournal of Management, 35
Richard Johnson, M. Hitt, R. Hoskisson (1993)
BOARD OF DIRECTOR INVOLVEMENT IN RESTRUCTURING: THE EFFECTS OF BOARD VERSUS MANAGERIAL CONTROLSStrategic Management Journal, 14
D. Dearborn, H. Simon (1958)
Selective perception: A note on the departmental identifications of executives., 21
G. Brunello, Clara Graziano, Bruno Parigi (2003)
CEO turnover in insider-dominated boards: The Italian caseJournal of Banking and Finance, 27
B. Wernerfelt (1984)
A Resource-Based View of the FirmSouthern Medical Journal, 5
Mohammad Fuad, Ajai Gaur (2018)
Merger Waves, Entry-Timing, and Cross-Border Acquisition Completion: A Frictional Lens PerspectiveCGN: Mergers
Jonas Gabrielsson, Henrik Winlund (2000)
Boards of directors in small and medium-sized industrial firms: examining the effects of the board's working style on board task performanceEntrepreneurship & Regional Development, 12
Anne Sartori (2003)
An Estimator for Some Binary-Outcome Selection Models Without Exclusion RestrictionsPolitical Analysis, 11
Renée Adams, Daniel Ferreira (2008)
Do Directors Perform for PayJournal of Accounting and Economics, 46
Max Bazerman, F. Schoorman (1983)
A Limited Rationality Model of Interlocking Directorates.Academy of Management Review, 8
Donald Palmer, P. Jennings, Xueguang Zhou (1993)
Late Adoption of the Multidivisional Form by Large U.S. Corporations: Institutional, Political, and Economic AccountsAdministrative Science Quarterly, 38
African Review of Economics and Finance, 2
Intercorporate Relations: The Structural Analysis of Business, 1
R. Gulati (1998)
Alliances and networksStrategic Management Journal, 19
Eliezer Fich (2005)
Are Some Outside Directors Better than Others? Evidence from Director Appointments by Fortune 1000 FirmsCorporate Finance and Organizations eJournal
L. Donaldson, J. Davis (1991)
Stewardship Theory or Agency Theory: CEO Governance and Shareholder ReturnsAustralian Journal of Management, 16
Pao-lien Chen, Y. Kor, Joseph Mahoney, D. Tan (2017)
Pre‐Market Entry Experience and Post‐Market Entry Learning of the Board of Directors: Implications for Post‐Entry PerformanceStrategic Entrepreneurship Journal, 11
Ronald Anderson, D. Reeb (2004)
Board Composition: Balancing Family Influence in S&P 500 FirmsAdministrative Science Quarterly, 49
D. Carter, B. Simkins, W. Simpson (2003)
Corporate Governance, Board Diversity, and Firm ValueThe Financial Review, 38
A. Hillman, Albert Cannella, Ramona Paetzold (2000)
The Resource Dependence Role of Corporate Directors: Strategic Adaptation of Board Composition in Response to Environmental ChangeJournal of Management Studies, 37
J. Ward, James Handy (1988)
A Survey of Board PracticesFamily Business Review, 1
J. Heckman (1976)
The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such ModelsAnnals of Economic and Social Measurement, 5
T. Dalziel, Richard Gentry, Michael Bowerman (2011)
An Integrated Agency-Resource Dependence View of the Influence of Directors' Human and Relational Capital on Firms' R&D SpendingERPN: Labor Economics (Topic)
Ajai Gaur, Vikas Kumar (2008)
International Diversification, Business Group Affiliation and Firm Performance: Empirical Evidence from IndiaEmerging Markets: Economics
B. Elango, C. Pattnaik (2007)
Building capabilities for international operations through networks: a study of Indian firmsJournal of International Business Studies, 38
T. Khanna, K. Palepu (1999)
Emerging Market Business Groups, Foreign Investors, and Corporate GovernanceCorporate Finance: Governance
Deeksha Singh, A. Delios (2017)
Corporate governance, board networks and growth in domestic and international markets: Evidence from IndiaJournal of World Business, 52
Journal of Financial Economics, 86
R. Putnam (1993)
The Prosperous Community: Social Capital and Public Life, 13
Ivan Brick, N. Chidambaran (2010)
Board meetings, committee structure, and firm valueJournal of Corporate Finance, 16
James Westphal (1999)
Collaboration in the Boardroom: Behavioral and Performance Consequences of CEO-Board Social TiesAcademy of Management Journal, 42
J. Wincent, S. Anokhin, Daniel Örtqvist (2010)
Does network board capital matter? A study of innovative performance in strategic SME networksJournal of Business Research, 63
M. Hitt, L. Bierman, Klaus Uhlenbruck, K. Shimizu (2006)
The Importance of Resources in the Internationalization of Professional Service Firms: The Good, the Bad, and The UglyAcademy of Management Journal, 49
Hsiang‐Lan Chen, Wen-Tsung Hsu, Chiao‐yi Chang (2016)
Independent directors’ human and social capital, firm internationalization and performance implications: An integrated agency-resource dependence viewInternational Business Review, 25
C. Ntim, K. Osei (2011)
The Impact of Corporate Board Meetings on Corporate Performance in South AfricaOrganizational Behavior & Key Stakeholders eJournal
P. Westhead, M. Wright, Deniz Ucbasaran (2001)
The internationalization of new and small firms: A resource-based viewJournal of Business Venturing, 16
Santhosh Abraham, C. Marston, Edward Jones (2015)
Disclosure by Indian companies following corporate governance reformJournal of Applied Accounting Research, 16
R. García-Ramos, Belén Díaz-Díaz, M. García‐Olalla (2017)
Erratum to: Independent directors, large shareholders and firm performance: the generational stage of family businesses and the socioemotional wealth approachReview of Managerial Science, 11
Eliezer Fich, Anil Shivdasani (2006)
Financial Fraud, Director Reputation, and Shareholder WealthSPGMI: Compustat Fundamentals (Topic)
V. Panicker, S. Mitra, R. Upadhyayula (2019)
Institutional investors and international investments in emerging economy firms: A behavioral risk perspectiveJournal of World Business
Chin-jung Luan, Ming-Je Tang (2007)
Where is Independent Director Efficacy?IO: Firm Structure
T. Khanna, Jan Rivkin (2001)
Estimating the performance effects of business groups in emerging marketsStrategic Management Journal, 22
B. Jackling, Shireenjit Johl (2009)
Board Structure and Firm Performance: Evidence from India's Top CompaniesCorporate Governance: An International Review, 17
S. Zahra (1990)
Increasing the board's involvement in strategy.Long range planning, 23 6
J. Astrachan, Thomas Kolenko (1994)
A Neglected Factor Explaining Family Business Success: Human Resource PracticesFamily Business Review, 7
U. Peyer, Tod Perry (2003)
Board Seat Accumulation by Executives: A Shareholder's PerspectiveCorporate Finance: Governance
Francisca Silva, Nicolas Majluf (2008)
Does family ownership shape performance outcomesJournal of Business Research, 61
A. Pettigrew (1992)
The Character and Significance of Strategy Process ResearchSouthern Medical Journal, 13
The Journal of Finance, 60
Karl Wennberg, Johan Wiklund, Karin Hellerstedt, M. Nordqvist (2011)
Implications of Intra-Family and External Ownership Transfer of Family Firms: Short-Term and Long-Term Performance DifferencesPOL: Other Strategy Models for Firm Performance Enhancement (Topic)
Luis Gutiérrez, C. Pombo (2010)
Outside Directors, Board Interlocks and Firm Performance: Empirical Evidence from Colombian Business GroupsERPN: Other Family Business (Sub-Topic)
F. Hamid, S. Salleh (2005)
The determinants of the investor relations information in the Malaysian companies' websiteCorporate Ownership and Control, 3
J. Lu, P. Beamish (2001)
The internationalization and performance of SMEsSouthern Medical Journal, 22
S. Sharif, Yeoh Kyid, K. Wei (2015)
The Acquisition of Valuable Resources by Family-Controlled Companies in Malaysia Through Political Connections of Their Independent DirectorsThe Journal of Developing Areas, 49
Stephen Ferris, M. Liao, C. Tamm (2018)
The compensation of busy directors: An international analysisResearch in International Business and Finance
Hsiang‐Lan Chen (2011)
Internationalization in Taiwanese Family FirmsInternational Trade eJournal
The Journal of Finance, 55
Ruediger Fahlenbrach, A. Low, René Stulz (2010)
Why do firms appoint CEOs as outside directorsJournal of Financial Economics, 97
Mike Peng, T. Buck, I. Filatotchev (2003)
Do outside directors and new managers help improve firm performance? An exploratory study in Russian privatizationJournal of World Business, 38
M. Mizruchi, L. Stearns (1988)
A Longitudinal Study of the Formation of Interlocking DirectoratesAdministrative Science Quarterly, 33
(1990)
Generating major change in stagnating companies
Stuart Rosenstein, Jeffrey Wyatt (1994)
Shareholder wealth effects when an officer of one corporation joins the board of directors of anotherManagerial and Decision Economics, 15
Christopher Tuggle, David Sirmon, Christopher Reutzel, L. Bierman (2010)
Commanding Board of Director Attention: Investigating How Organizational Performance and CEO Duality Affect Board Members Attention to Monitoring
Ruth Aguilera, I. Filatotchev, H. Gospel, Gregory Jackson (2007)
An Organizational Approach to Comparative Corporate Governance: Costs, Contingencies, and ComplementaritiesERPN: New Venture Start-Up (Topic)
A. Pritchard, Stephen Ferris, Murali Jagannathan (2002)
Too Busy to Mind the Business? Monitoring by Directors with Multiple Board AppointmentsCorporate Law: Finance & Corporate Governance Law eJournal
C. Mitter, C. Duller, Birgit Feldbauer-Durstmüller, S. Kraus (2014)
Internationalization of family firms: the effect of ownership and governanceReview of Managerial Science, 8
Fabio Zona, L. Gómez‐Mejía, M. Withers (2018)
Board Interlocks and Firm Performance: Toward a Combined Agency–Resource Dependence PerspectiveJournal of Management, 44
S. Martini, A. Corvino, Alessandra Rigolini (2012)
Board Diversity and Structure: What Implications for Investments in Innovation? Empirical Evidence from Italian ContextCorporate Ownership and Control, 10
A. Hillman, M. Withers, B. Collins (2009)
Resource Dependence Theory: A ReviewJournal of Management, 35
Hsiang‐Lan Chen (2012)
Board Characteristics and R&D Investment: Evidence from Taiwan's Electronics IndustryAdvances in Management and Applied Economics, 2
Chris Graves, Jill Thomas (2008)
Determinants of the Internationalization Pathways of Family Firms: An Examination of Family InfluenceFamily Business Review, 21
T. Khanna, K. Palepu (1996)
Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business GroupsCorporate Finance and Organizations eJournal
J. Walsh (1995)
Managerial and Organizational Cognition: Notes from a Trip Down Memory LaneOrganization Science, 6
Strategic Management Journal, 37
Yannick Bammens, Wim Voordeckers, A. Gils (2011)
Boards of Directors in Family Businesses: A Literature Review and Research AgendaCorporate Governance & Finance eJournal
This paper attempts to examine the activity and involvement of board of directors in internationalization activities of firms in emerging markets, by evaluating the resource provisioning roles of interlocks provided by board of directors, and the frequency of board meetings. We demonstrate that the effectiveness of board involvement is contingent upon the levels of family ownership in firms since family ownership could impact the firm’s ability to utilize the presence of different types of board members.Design/methodology/approachThe authors test our hypotheses on a sample of listed Indian companies, extracted from the Prowess database published by the Centre for Monitoring Indian Economy (CMIE), a database of the financial performance of Indian companies. On a panel of 3,133 firm years of 605 unique Indian firms with foreign investments, over a time period of 2006–2017, the authors apply different estimation techniques.FindingsThe results demonstrate that both board meeting frequency and director interlocks are instrumental in supporting internationalization activities in emerging market firms. However, family ownership moderates the role of insider and independent interlocks on internationalization investments in different ways; the authors find that interlocks provided by independent directors support internationalization activities in family firms, whereas those provided by insider directors do not. Further, the study also finds that board meetings are less effective in internationalization of family firms.Practical implicationsThe authors conclude that family firms aiming at international diversification require to develop more connected and networked independent directors to enable internationalization in firms. While independent director interlocks enhance the international investments, it is also useful to know that board meetings are ineffective in utilizing the resources in family firms. This points to the possibility that family firms should device mechanisms to integrate family meetings with board meetings so that they can utilize the within-family processes to aid in their internationalization decisions.Originality/valueThe study contributes to resource dependence theory by understanding its limiting role in family firms. Theoretically, it helps delineate the limiting resource provision role of the insider directors vis-à-vis independent directors. The authors argue that the resource provision role of insider director interlocks does not effectively help in internationalization in comparison to independent director interlocks in family-dominated firms. Consequently, the study shows the limiting role of resource provision and utilization by family-owned firms in comparison to non-family-owned firms.
Cross Cultural & Strategic Management – Emerald Publishing
Published: Apr 29, 2021
Keywords: Board involvement; Board meetings; Director interlocks; Emerging markets; Family ownership; Independent directors; Insider directors; Internationalization
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.