Recent research suggests preexisting network structural dynamics can hamper inter-organizational alliance formation particularly for poorly embedded firms. However, this research fails to fully explain how poorly embedded firms can overcome these structural barriers when forming alliances. This...

Recent studies suggest the transfer of privileged information via social ties but do not explicitly examine the cost of these ties to shareholders. We document a significant, positive relation between stock transaction costs and a company's social ties to the investment community. Social ties...

We examine the role of social ties in IPO underwriting syndicate formation and find that an investment bank is more likely to be included in the underwriting syndicate when it is connected to the IPO firm through interpersonal social ties between the respective executives and directors. These...

By combining the theoretical lenses of social embeddedness, agency problem, and inter-firm relationship formation, this study investigates the impact of focal firms' inter-firm managerial social ties (IMST) on the firms' selection of IT suppliers and the consequences of such IT supplier...