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We contend that business groups in emerging economies command a premium when it comes to benefiting from political ties because their organizational structures are compartmentalized and thereby well suited to profitably include, isolate and mask political ties. We demonstrate how the structural...
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We use and extend resource-dependence theory by analyzing how loosely-coupled organizational structures facilitate the management of political ties by business groups in emerging economies. This topic is particularly salient because business groups are a prevalent organizational form in these...
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The prevalence of ownership concentration in Asian firms presents a challenge to the influential agency theory-based understanding of the role of corporate boards. In this paper we develop and test hypotheses about board attributes and firm performance that reflect Asian institutional...
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