Topic
Resource dependence theory
About: Resource dependence theory is a research topic. Over the lifetime, 2732 publications have been published within this topic receiving 184871 citations.
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TL;DR: In this article, the relative effects of natural resource abundance and natural resource dependence on economic growth for the period of 1980-2015 in 35 natural resource abundant countries were explored for the purpose of examining the relationship between economic growth, natural resource rents per capita, natural resources share of gross domestic product, capital, trade openness and financial development.
135 citations
TL;DR: In this article, the authors investigated whether gender diversity on the board of directors in the United States is associated with firms' environmental performance and found that gender diversity brings a greater variety of skills to the board.
Abstract: This study investigates whether gender diversity on the board of directors in the United States is associated with firms' environmental performance. Under the theoretical framework of resource dependence theory, we argue that gender diversity brings a greater variety of skills to the board. Diversity allows for a healthy mix of knowledge and experience to improve the decision‐making process of the board. Using propensity score matching and controlling for endogeneity, this study uses a more rigorous statistical model than previous work. It also uses content analysis of directors' biographies to provide evidence of the role that gender diversity plays. We find gender diversity is positively associated with firms' environmental performance scores primarily in the more environmentally impacting industries. Therefore, our research provides valuable direction for those firms working to improve both their boards' gender diversity and their environmental performance. Our findings also offer insight into the mixed results of previous studies.
135 citations
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TL;DR: In this article, the authors suggest two strategies in particular that facilitate entrepreneurial access to and absorption of external knowledge spillovers: the attraction of managers and directors with an academic background, and the strong link between geographical proximity to research intense universities and board composition.
Abstract: The resource theory of the firm implies that knowledge is a key resource bestowing a competitive advantage for entrepreneurial firms. However, it remains rather unclear up to now, how new ventures and small business can access knowledge resources. The purpose of this paper is to suggest two strategies in particular that facilitate entrepreneurial access to and absorption of external knowledge spillovers: the attraction of managers and directors with an academic background. Based on data on board composition of 295 high technology firms, the results clearly demonstrate the strong link between geographical proximity to research intense universities and board composition.
134 citations
TL;DR: This article found that the influence of rankings depends on constituency's placement in the higher education field, and that resources providers who are vulnerable to the status hierarchy of higher education are significantly influenced by rankings.
Abstract: Higher education administrators believe that revenues are linked to college rankings and act accordingly, particularly those at research universities. Although rankings are clearly influential for many schools and colleges, this fundamental assumption has yet to be tested empirically. Drawing on data from multiple resource providers in higher education, we find that the influence of rankings depends on constituencies’ placement in the higher education field. Resource providers who are vulnerable to the status hierarchy of higher education––college administrators, faculty, alumni, and out-of-state students––are significantly influenced by rankings. Those on the periphery of the organizational field, such as foundations and industry, are largely unaffected. Although rankings are designed largely for stakeholders outside of higher education, their strongest influence is on those within the higher education field.
133 citations
TL;DR: In this paper, the share of resource income in total long-run or "permanent" income as a dependence measure was used to find that the dependence of rural households on common-pool resources declines with income.
132 citations