T. A. Pai Management Institute

About: T. A. Pai Management Institute is a education organization based out in Manipal, India. It is known for research contribution in the topics: Initial public offering & Supply chain. The organization has 123 authors who have published 272 publications receiving 3721 citations.

National culture and corporate cash holdings around the world

Abstract: This paper examines whether cultural dimensions explain the variation in corporate cash holdings around the world as well as within the United States. We establish four major findings. First, in an international setting, corporate cash holdings are negatively associated with individualism and positively associated with uncertainty-avoidance. Second, individualism and uncertainty avoidance influence the precautionary motive for holding cash. Third, firms in individualistic states in the United States hold less cash than firms in collectivistic states. Fourth, we show that individualism is positively related to the firm’s capital expenditures, acquisitions, and repurchases while uncertainty avoidance is negatively related. Our findings remain unchanged after controlling for governance factors, firm attributes, and country characteristics.

Research on knowledge transfer in organizations: a morphology

Abstract: Purpose – The purpose of this paper is to present and describe a morphology of the research literature on knowledge transfer in organizations.Design/methodology/approach – This morphology, which is a comprehensive framework characterizing the knowledge transfer literature in terms of dimensions and options, was developed by an extensive scanning of the pertinent literature.Findings – Eight dimensions were found suitable to characterize the knowledge transfer research literature. Corresponding to each dimension, two to six options were found.Research limitations/implications – The morphology demonstrates the extensiveness and variety of knowledge transfer research. To academics, the morphology can serve as a map of the knowledge transfer territory. Using the morphology, researchers can easily assess how an existing study fits in with the entire body of knowledge transfer research. Secondly, they can discern areas that have received less attention in comparison to others and thus identify gaps they may wish...

Does Managerial Skill Facilitate Corporate Innovative Success

Abstract: This paper examines whether managerial ability facilitates corporate innovative success. First, we show that managerial ability is positively associated with innovative output. Second, we show that the positive association between managerial ability and innovative output is weaker for older CEOs and managers who stay in the same job for longer, suggesting a preference for a ‘quiet life’ by long serving CEOs. Third, we find that the equity market values patents generated by more able managers more positively, suggesting that equity holders deem better skilled managers more effective at converting innovative ideas into valuable new products. Finally, we show that managerial ability is positively associated with more ‘radical’ innovations, which are outside of the firm’s knowledge base. Overall, our results suggest that managerial ability is an essential component of corporate innovative success.