Administrative Science Quarterly
How experience and network ties affect the influence of demographic minorities on corporate boards [статья]
Опубликовано на портале: 15-12-2002James D. Westphal, Laurie P. Milton Administrative Science Quarterly. 2000. Vol. 45. No. 2. P. 366-398.
This study examines how the influence of directors who are demographic minorities on corporate boards is contingent on the prior experience of board members and the larger socia structural context in which demographic differences are embedded. The effects of minority status are assessed according to functional background, industry background, education, race, and gender for a large sample of corporate outside directors at Fortune/Forbes 500 companies.
Опубликовано на портале: 24-12-2009Mauro F. Guillén, W.D. Schneper Administrative Science Quarterly. 2004. Vol. 49. No. 2. P. 263-295.
We examine the role of three types of stakeholders in the uneven adoption of an organizational practice in different countries, arguing that organizational practices achieve widespread use only when they are consistent with the interests of the most powerful social actors as enshrined in legal rights. Building on a "stakeholder-power" approach to corporate governance, we examine whether the interests of shareholders, workers, and banks are consistent with the practice of hostile takeovers. Regressions using data on as many as 37 countries between 1988 and 1998 lend support to predictions that hostile takeovers increase in frequency with the extent to which shareholder rights are protected and decrease with the degree to which workers' and banks' rights are protected. We discuss the implications for the analysis of comparative institutions and for organizational theory.