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Purpose: This paper aims to explore the effect of interlocking directorates on agency conflicts and corporate performance in the shipping industry.Design/methodology/approach: The authors use social network analysis to discover central nodes in the network of personal and corporate connections...
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The real-options aspect of R&D investment can be enriched through the integration of explicit modeling for knowledge value dynamics as well as agency-theoretic analysis. Our objective is to combine the market-related dynamics of the demand for R&D products with firm specific organizational...
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