Topic
Corporate group
About: Corporate group is a research topic. Over the lifetime, 1747 publications have been published within this topic receiving 46868 citations.
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TL;DR: This empirical study shows that EIS implementation is associated with higher financial performance when the firm’s ownership is more concentrated or the CEO assumes a dual role as the chair of the board of directors.
Abstract: Enterprise information systems (EIS) improve access to information, process optimization and system integration. Such enhanced information processing capabilities have varying effects on firm financial performance under different corporate governance aspects. We examine such interacting effects with data of Chinese listed companies during 2008 and 2013. Our empirical study shows that EIS implementation is associated with higher financial performance when the firm’s ownership is more concentrated or the CEO assumes a dual role as the chair of the board of directors. EIS implementation is associated with lower financial performance when the firm is a state-owned enterprise or within a business group. This study contributes to literature in IT business value in general and research in enterprise systems in particular by expanding our understandings about the varying impacts of EIS under different corporate governance aspects.
5 citations
TL;DR: Korean firms, often represented by a business group or chaebol, have adopted and increased outside directors owing to the government's initiative for corporate governance reform as mentioned in this paper, however, their mon...
Abstract: Korean firms, often represented by a business group or chaebol, have adopted and increased outside directors owing to the government’s initiative for corporate governance reform. However, their mon...
5 citations
TL;DR: The findings suggest industry peers have a positive influence on a firm's SCS, and this effect is stronger for state-owned enterprises and large firms and weaker for a business group affiliated firms which further aggravates with group size.
Abstract: This study explores a firm's response to institutional pressure from industry peers on their Social community spending. Social community spending is symbolic of the fulfillment of a firm's corporate social responsibility (CSR). The authors hypothesize that mimetic isomorphism occurs among firms in an industry and organizational characteristics, i.e., business group affiliation, ownership status (state-owned versus private), and firm size strengthen or weaken the influence of industry peers. The authors test the propositions on a pooled time-series cross-sectional data of firms in India, with 3,307 observations from 2009-2017 using Generalized Least Squares (GLS) random-effects model. The findings suggest industry peers have a positive influence on a firm's SCS, and this effect is stronger for state-owned enterprises and large firms and weaker for a business group affiliated firms which further aggravates with group size. This article establishes the positive role of the industry association in driving its member firm's SCS and offers an understanding of the contingencies in the above relationship.
5 citations
01 Jan 2017
TL;DR: This article examined the relational micro-mechanisms underlying the observed network structure of organizational vocabularies and found that participants of the same subsidiary tend to become more similar in terms of the words they use to describe their units.
Abstract: We study organizational vocabularies as complex social structures emerging from the association between organizational participants and words they use to describe and make sense of their experiences at work. Using data that we have collected on the association between managers in a multi-unit international company and words they use to describe their organizational units and the overall company, we examine the relational micro-mechanisms underlying the observed network structure of organizational vocabularies. We find that members of the same subsidiary tend to become more similar in terms of the words they use to describe their units. Members of the same subsidiary, however, do not use the same words to describe the corporate group. Consequently, the structure of organizational vocabularies tends to support consistent local interpretations, but reveals the presence of divergent meanings that organizational participants associate with the superordinate corporate group.
5 citations
Posted Content•
TL;DR: In this article, the authors describe the historical evolution of corporatr goverance in Japan and derive some insights on its future, and describe two alternative systems of corporate governance, the holding company based system and the bank-based system, for restructuring poorly managed companies.
Abstract: In this paper I describe the historical evolution of corporatr gover~~ance in Japan, and derive some insights on its future. In the 1920s, the Japanese economy suffered from a prolorlged depression and inefficiency in corporate management, as in the 1990s. In this situation, two alternative systems of corporate governance, the holding company-based system and the bank-based system, were proposed for restructuring poorly managed companies, and in reality, the former system was pro1ift:rating. However, the experience during the Second World War made the Japanese corporate system choose the other fork in tht: road, the bank-based system. The changes in en~ployment syste~n and production management were complementary with the changes in corporate governance and finance. The Japanese corporate system, which was faced with a bifurcation in the 1920:; and the 1930s, is now facrng another bifurcation. Ke~ywords: Coporate governance, Holdin,g company. Zaibatsu.
5 citations