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Collaboration in the Boardroom: Behavioral and Performance Consequences of CEO-Board Social Ties
Empirical research has typically rested on the assumption that board independence from management enhances board effectiveness in administering firms. The present study shows how and when a lack ofExpand
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Customization or Conformity? An Institutional and Network Perspective on the Content and Consequences of TQM Adoption
The authors thank Rakesh Khurana, Mark Shanley, and Edward Zajac for valuable comments on earlier versions of this paper. The paper has also benefited from the helpful comments of Christine OliverExpand
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Who Shall Govern? CEO/Board Power, Demographic Similarity, and New Director Selection
Both authors contributed equally to the paper. The helpful comments of Joe Baumann, Jerry Davis, Joe Moag, Mark Shanley, Brian Uzzi, Christine Oliver, and three anonymous ASQ reviewers areExpand
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The Social Construction of Market Value: Institutionalization and Learning Perspectives on Stock Market Reactions
This study advances a social constructionist view of financial market behavior. The paper suggests that the market's reaction to particular corporate practices, such as stock repurchase plans, areExpand
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Decoupling Policy from Practice: The Case of Stock Repurchase Programs
This study examines firms' decoupling of informal practices from formally adopted policies through analysis of the implementation of stock repurchase programs by large U.S. corporations in the lateExpand
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How Experience and Network Ties Affect the Influence of Demographic Minorities on Corporate Boards
This study examines how the influence of directors who are demographic minorities on corporate boards is contingent on the prior experience of board members and the larger social structural contextExpand
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Substance and Symbolism in CEOs' Long-Term Incentive Plans
Both authors contributed equally to the paper. The helpful comments of Jerry Davis, Paul Hirsch, Matt Kraatz, Joseph Moag, James Walsh, and seminar participants at MIT and Stanford University areExpand
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Board Games: How CEOs Adapt to Increases in Structural Board Independence from Management
Recent research on corporate boards has focused largely on the overall relationship between board structure and various organizational outcomes. This literature has generally not considered theExpand
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The symbolic management of stockholders: Corporate governance reforms and shareholder reactions
Jensen and Meckling (1976) defined agency costs as the sum of (1) monitoring expenditures to assure that an agent is acting in the principal's interests, (2) bonding expenditures made by the agent toExpand
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Sociopolitical Dynamics In Relations Between Top Managers and Security Analysts: Favor Rendering, Reciprocity, and Analyst Stock Recommendations
We examine how the disclosure of negative firm information may prompt top executives to render personal and professional favors for security analysts, who may reciprocate by rating firms relatively...
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