Journal ArticleDOI
A changing of the guard: executive and director turnover following corporate financial restatements
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Using event history analysis, the authors found that CEOs and CFOs of firms filing a material financial restatement were more than twice as likely to exit their firms as their counterparts in a matched samp...Abstract:
Using event history analysis, we found that CEOs and CFOs of firms filing a material financial restatement were more than twice as likely to exit their firms as their counterparts in a matched samp...read more
Citations
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Resource Dependence Theory: A Review:
TL;DR: In this article, the authors assess the conceptual development, empirical research, and application of resource dependence theory (RDT) and structure their review around the five options that Pfeffer and Salancik propose firms can enact to minimize environmental dependences: (a) mergers/vertical integration, (b) joint ventures and other interorganizational relationships, (c) boards of directors, (d) political action, and (e) executive succession.
Journal ArticleDOI
The Importance of Distinguishing Errors from Irregularities in Restatement Research: The Case of Restatements and CEO/CFO Turnover
TL;DR: In this article, a straightforward procedure for classifying restatements as either errors or irregularities is proposed, based on prior research, the reading of numerous restatement announcements, and guidance that boards receive from lawyers, auditors, and the SEC on how to respond to suspicions of deliberate misreporting.
Posted Content
The Consequences to Managers for Financial Misrepresentation
TL;DR: The authors track the fortunes of all 2,206 individuals identified as responsible parties for all 788 SEC and Department of Justice enforcement actions for financial misrepresentation from 1978 through September 30, 2006.
Journal ArticleDOI
Crises and Crisis Management: Integration, Interpretation, and Research Development:
TL;DR: This article propose an integrative framework of crisis and crisis management that draws from research in strategy, organizational theory, and organizational behavior as well as from research on public relations and corporate communication.
Journal ArticleDOI
Incentives to Cheat: The Influence of Executive Compensation and Firm Performance on Financial Misrepresentation
Jared D. Harris,Philip Bromiley +1 more
TL;DR: Using a sample of financial restatements prompted by accounting irregularities and identified by the U.S. Government Accountability Office, empirical support is found for both incentive and relative performance influences on financial statement misrepresentation.
References
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Journal ArticleDOI
Theory of the firm: Managerial behavior, agency costs and ownership structure
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Journal ArticleDOI
Stigma: Notes on the Management of Spoiled Identity.
Melvin L. DeFleur,Erving Goffman +1 more
TL;DR: In this article, the authors discuss the relationship between information control and personal identity, including the Discredited and the Discreditable Social Information Visibility Personal Identity Biography Biographical Others Passing Techniques of Information Control Covering.
Book
Stigma: Notes on the Management of Spoiled Identity
TL;DR: In this article, the authors discuss the relationship between information control and personal identity, including the Discredited and the Discreditable Social Information Visibility Personal Identity Biography Biographical Others Passing Techniques of Information Control Covering.
Journal ArticleDOI
Managing Legitimacy: Strategic and Institutional Approaches
TL;DR: This article synthesize the large but diverse literature on organizational legitimacy, highlighting similarities and disparities among the leading strategic and institutional approaches, and identify three primary forms of legitimacy: pragmatic, based on audience self-interest; moral, based upon normative approval; and cognitive, according to comprehensibility and taken-for-grantedness.
Book
The External Control of Organizations: A Resource Dependence Perspective
TL;DR: The External Control of Organizations as discussed by the authors explores how external constraints affect organizations and provides insights for designing and managing organizations to mitigate these constraints, and it is the fact of the organization's dependence on the environment that makes the external constraint and control of organizational behavior both possible and almost inevitable.