CEO’s commitment bias, ownership concentration, and innovation decision: Behavioral management of CEO’s discretion
نویسندگان
چکیده
منابع مشابه
Inventor CEOs and Corporate Innovation
One in four U.S. high-tech firms are led by CEOs with hands-on innovation experience as inventors. We show that these “Inventor CEOs” stimulate higher quality firm-level innovation, especially when they have a personal history of high-impact patents. A CEO’s technology-class specific inventor experience also predicts the technology classes in which a firm has its greatest innovation success. Ut...
متن کاملCEOs Visualizing Knowledge Management
An opportunity exists to develop useful and authentic Knowledge Management strategies for competitive advantage through facilitating organizational decision makers within their world, in terms of their reality and purposes instead of adapting existing thinking to this area and calling it Knowledge Management. Whilst HR specialists may connect knowledge with what people have learnt or their expe...
متن کاملKeeping CEOs Awake At Night. Innovation auf dem globalen Markt
Die wirtschaftliche Makrodynamik der Globalisierung zwingt CEOs zur radikalen Änderung, wenn nicht gar Neuerfindung ihrer Unternehmen. Zunehmender Wettbewerbsdruck im Inland einerseits und enorme Chancen in den Wachstumsmärkten andererseits bestimmen dabei den Handlungsrahmen. Dank zunehmend vernetzter und leistungsfähiger IT-Infrastruktur migriert Arbeit an den Ort ihrer optimalen Erledigung. ...
متن کاملCEOs on Twitter
We observe many CEOs of big companies as easily as movie stars or sports players on Twitter. Why do they appear on social media and what would be the effect of their Twitter network on the corporate performance and shareholder benefit? This study explores big company CEOs on Twitter. We identify Twitterusing CEOs and examine the impact of their social media activity on the corporate performance...
متن کاملIncentives for CEOs to Exit∗
An important question for firms in dynamic industries is how to induce a CEO to reveal information that the firm should change its strategy, in particular when a strategy change might cause his own dismissal. We show that the uniquely optimal incentive scheme from this perspective consists of options, a base wage, and severance pay. Option compensation minimizes the CEO’s expected on-the-job pa...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Cogent Economics & Finance
سال: 2014
ISSN: 2332-2039
DOI: 10.1080/23322039.2014.948123