Search results for "Firm offer"

showing 2 items of 2 documents

Influence of board of directors on firm performance: Analysis of family and non-family firms

2015

This article analyses how board structure can affect both financial and social performance, comparing family and non-family firms. Our theoretical framework is based on the integration of the agency theory, traditionally used in the analysis of the impact of the board on the firm's financial performance, with the stakeholder theory, which is more appropriate in the analysis of the social aspects of the firm. Three main aspects are addressed: the analysis of the firm's social performance; the integration of agency theory with stakeholder theory; and the study of the specific characteristics of family firms' boards. The research confirms that neither the agency theory nor the stakeholder theo…

Economics and EconometricsFirm offerStrategy and ManagementInstitutional investorAudit committeecorporate governancePrincipal–agent problemAccountingCorporate financefamily firmsfinancial performanceSettore SECS-P/07 - Economia AziendaleAccountingBusiness and International ManagementStakeholder theorysocial performancebusiness.industryCorporate governancefamily firmboard; corporate governance; family firms; financial performance; social performanceSECS-P/07 - ECONOMIA AZIENDALECorporate social responsibilityBusinessboardFinanceperformance
researchProduct

Network Positions and the Probability of Being Acquired: An Empirical Analysis in the Biopharmaceutical Industry

2016

This paper examines the relationship between the firm's direct ties, its inter-firm network prominence and its likelihood of being acquired. The authors argue that firm's direct ties and prominence enhance the firm's visibility and signal its quality – and thus foster the firm's likelihood of being acquired. However, higher levels of direct ties and prominence, by providing access to resources and the firm's status, respectively, increase the firm's ability to remain independent and thus reduce its likelihood of being acquired. Thus, the authors posit the overall relation as an inverted U-shaped. Furthermore, they show that, for firms that undergo an initial public offering, the aforementio…

Firm offer050208 financeRelation (database)Strategy and Managementmedia_common.quotation_subject05 social sciencesGeneral Business Management and AccountingMicroeconomicsBiopharmaceutical industryManagement of Technology and Innovation0502 economics and businessEconomicsQuality (business)MarketingInitial public offering050203 business & managementmedia_commonBritish Journal of Management
researchProduct