In board governance literature and practice, the presence of outside directors is presumed to hav... more In board governance literature and practice, the presence of outside directors is presumed to have a beneficial effect on board effectiveness and firm performance. This study challenges this prevailing view by exploring the boundary conditions and intermediate mechanism preventing the potential benefits of outside directors. Our results reveal that reality is more complex than previously assumed. Using unique data from a sample of 561 Belgian small and medium-sized enterprises, we find that the presence of outside directors has a neutral or even negative effect under certain boundary conditions on board service engagement in the small and medium-sized enterprises context. Family ownership control and infrequent board meetings are two important contingencies that reduce management’s propensity to disclose firm-specific information to the board in the presence of outside directors. The disclosure of such information, in turn, serves as a critical mechanism to offset firm-specific info...
If you have any problems with this purchase, please contact us for assistance by email: Support@S... more If you have any problems with this purchase, please contact us for assistance by email: Support@SSRN.com or by phone: 877-SSRNHelp (877 777 6435) in the United States, or +1 585 442 8170 outside of the United States. We are open Monday through Friday between ...
Erim Report Series Research in Management Erasmus Research Institute of Management, May 11, 2009
... Knowledge Management as a Strategic Tool to Foster Innovativeness of SMEs Haibo Zhou, and Lor... more ... Knowledge Management as a Strategic Tool to Foster Innovativeness of SMEs Haibo Zhou, and Lorraine Uhlaner Page 2. ... Page 3. 0 Knowledge management as a strategic tool to foster innovativeness of SMEs Haibo Zhou a , Lorraine Uhlaner bc ...
... This study adapts a 201 Page 214. Lorraine Uhlaner, Sita Tan and Joris Meijaard multidimensio... more ... This study adapts a 201 Page 214. Lorraine Uhlaner, Sita Tan and Joris Meijaard multidimensional interpretation of family orientation, along the lines of more recent research by Astrachan, Klein and Smyrnios,(2002) and Uhlaner (2005). ...
Western economies are increasingly viewed as knowledge-driven (Audretch and Thurik, 2001, 2004). ... more Western economies are increasingly viewed as knowledge-driven (Audretch and Thurik, 2001, 2004). Knowledge plays a crucial role in determining firm innovation capability and in enhancing working life quality of knowledge workers (Corso, Martini, Pelligrini, and Paolucci, 2001). Previous studies show that knowledge is managed in a different manner in SMEs. It is identified that knowledge is created, shared, transferred and
This study examines determinants of professional HRM practices within a sample of approximately 7... more This study examines determinants of professional HRM practices within a sample of approximately 700 small- to medium-sized firms. Predictions from agency theory and the resource-based view of organizations lead to alternate hypotheses regarding direct and indirect negative effects of family ownership and management on the usage of professional HRM practices. Results support predictions for both direct and indirect effects. These indirect effects occur through intermediary variables that reflect organizational complexity, such as firm size, (presence of a) formal business plan and HRM specialization. These findings lend partial support to both theories.
The study of the determinants of entrepreneurship at the country levelhas been dominated by econo... more The study of the determinants of entrepreneurship at the country levelhas been dominated by economic influences. The relative stability of differences in levels of entrepreneurship across coun-tries suggeststhat other forces such as certain institutional and/or cultural factors are at play. The objective of this paper is to explore how post-materialism explains differences in entrepreneurial activity across countries. Entrepreneurial activity is
This paper explores possible differences in investment strategies between specialty and non-speci... more This paper explores possible differences in investment strategies between specialty and non-specialty funds in the life sciences industry. The results were based on proprietary information collected in telephone interviews from 28 mutual funds located in nine European countries. As predicted, specialty funds have shorter holding periods, are more event-driven, and are more likely to focus their investment strategies on established technologies. Counter to our predictions, specialty funds are no less likely to invest in novel technologies. Also counter to predictions, specialty funds place more importance on conventional finance methods in selecting firms, and they are no more likely to use non-conventional finance valuation or non-financial criteria when selecting companies for their portfolios. This exploratory study provides new insights into differences in investment strategies between specialty and non-specialty mutual funds, which may help to explain the underlying performance ...
In board governance literature and practice, the presence of outside directors is presumed to hav... more In board governance literature and practice, the presence of outside directors is presumed to have a beneficial effect on board effectiveness and firm performance. This study challenges this prevailing view by exploring the boundary conditions and intermediate mechanism preventing the potential benefits of outside directors. Our results reveal that reality is more complex than previously assumed. Using unique data from a sample of 561 Belgian small and medium-sized enterprises, we find that the presence of outside directors has a neutral or even negative effect under certain boundary conditions on board service engagement in the small and medium-sized enterprises context. Family ownership control and infrequent board meetings are two important contingencies that reduce management’s propensity to disclose firm-specific information to the board in the presence of outside directors. The disclosure of such information, in turn, serves as a critical mechanism to offset firm-specific info...
If you have any problems with this purchase, please contact us for assistance by email: Support@S... more If you have any problems with this purchase, please contact us for assistance by email: Support@SSRN.com or by phone: 877-SSRNHelp (877 777 6435) in the United States, or +1 585 442 8170 outside of the United States. We are open Monday through Friday between ...
Erim Report Series Research in Management Erasmus Research Institute of Management, May 11, 2009
... Knowledge Management as a Strategic Tool to Foster Innovativeness of SMEs Haibo Zhou, and Lor... more ... Knowledge Management as a Strategic Tool to Foster Innovativeness of SMEs Haibo Zhou, and Lorraine Uhlaner Page 2. ... Page 3. 0 Knowledge management as a strategic tool to foster innovativeness of SMEs Haibo Zhou a , Lorraine Uhlaner bc ...
... This study adapts a 201 Page 214. Lorraine Uhlaner, Sita Tan and Joris Meijaard multidimensio... more ... This study adapts a 201 Page 214. Lorraine Uhlaner, Sita Tan and Joris Meijaard multidimensional interpretation of family orientation, along the lines of more recent research by Astrachan, Klein and Smyrnios,(2002) and Uhlaner (2005). ...
Western economies are increasingly viewed as knowledge-driven (Audretch and Thurik, 2001, 2004). ... more Western economies are increasingly viewed as knowledge-driven (Audretch and Thurik, 2001, 2004). Knowledge plays a crucial role in determining firm innovation capability and in enhancing working life quality of knowledge workers (Corso, Martini, Pelligrini, and Paolucci, 2001). Previous studies show that knowledge is managed in a different manner in SMEs. It is identified that knowledge is created, shared, transferred and
This study examines determinants of professional HRM practices within a sample of approximately 7... more This study examines determinants of professional HRM practices within a sample of approximately 700 small- to medium-sized firms. Predictions from agency theory and the resource-based view of organizations lead to alternate hypotheses regarding direct and indirect negative effects of family ownership and management on the usage of professional HRM practices. Results support predictions for both direct and indirect effects. These indirect effects occur through intermediary variables that reflect organizational complexity, such as firm size, (presence of a) formal business plan and HRM specialization. These findings lend partial support to both theories.
The study of the determinants of entrepreneurship at the country levelhas been dominated by econo... more The study of the determinants of entrepreneurship at the country levelhas been dominated by economic influences. The relative stability of differences in levels of entrepreneurship across coun-tries suggeststhat other forces such as certain institutional and/or cultural factors are at play. The objective of this paper is to explore how post-materialism explains differences in entrepreneurial activity across countries. Entrepreneurial activity is
This paper explores possible differences in investment strategies between specialty and non-speci... more This paper explores possible differences in investment strategies between specialty and non-specialty funds in the life sciences industry. The results were based on proprietary information collected in telephone interviews from 28 mutual funds located in nine European countries. As predicted, specialty funds have shorter holding periods, are more event-driven, and are more likely to focus their investment strategies on established technologies. Counter to our predictions, specialty funds are no less likely to invest in novel technologies. Also counter to predictions, specialty funds place more importance on conventional finance methods in selecting firms, and they are no more likely to use non-conventional finance valuation or non-financial criteria when selecting companies for their portfolios. This exploratory study provides new insights into differences in investment strategies between specialty and non-specialty mutual funds, which may help to explain the underlying performance ...
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