Research on how shareholders influence the interests of stakeholders has proliferated in
recent years, at pace with the active debate on the merits of “stakeholder capitalism.” This …

Signaling theory is useful for describing behavior when two parties (individuals or
organizations) have access to different information. Typically, one party, the sender, must …

Using a sample of 394 French firms for the period of 2001 to 2010, we study the relationship
between female directorship and firms' accounting (ROA and ROE) and market-based …

This article examines the role of ownership for the relationship between innovation and
exports. Analyzing a large firm-level data set on Chinese manufacturing firms during 2000 …

We posit that family firms often face a dilemma in their strategic decision making: whether to
maintain current socioemotional wealth or pursue prospective financial wealth. Applying …

R esearch summary: Agency theory suggests that external governance mechanisms (eg,
activist owners, the market for corporate control, securities analysts) can deter managers …

The increasing presence of women in upper echelon positions draws attention to the
possible effects of executive gender on corporate decisions and actions. In this study, we …

Resource dependence theorists argue that boards of directors with political capital can
benefit focal firms by reducing uncertainty and providing preferential resources. Here, we …

State-owned enterprises (SOEs) contribute approximately 10% of the world's GDP. SOEs at
one time were predicted to disappear from the economic landscape of the world, but today …

This research focuses on family–controlled firms as an important type of family firms, and
demonstrates how external parties in the governance (ownership and board of directors) …