Board Antecedents of CEO Duality and the Moderating Role of Country‐level Managerial Discretion: A Meta‐analytic Investigation

2018 ◽  
Vol 56 (1) ◽  
pp. 172-202 ◽  
Author(s):  
Gang Wang ◽  
Kaitlyn DeGhetto ◽  
B. Parker Ellen ◽  
Bruce T. Lamont
Keyword(s):  
Managerial Discretion ◽  
Analytic Investigation ◽  
Ceo Duality ◽  
Country Level ◽  
Moderating Role

Financial Access of Latin America and Caribbean Firms: What Are the Roles of Institutional, Financial, and Economic Development?

2021 ◽  
pp. 097265272110153
Author(s):  
Lan Khanh Chu
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Jel Classification ◽  
Caribbean Region ◽  
Country Level ◽  
Level Data ◽  
Latin America And Caribbean ◽  
The Impact ◽  
Moderating Role

This article examines the impact of institutional, financial, and economic development on firms’ access to finance in Latin America and Caribbean region. Based on firm- and country-level data from the World Bank databases, we employ an ordered logit model to understand the direct and moderating role of institutional, financial, and economic development in determining firms’ financial obstacles. The results show that older, larger, facing less competition and regulation burden, foreign owned, and affiliated firms report lower obstacles to finance. Second, better macro-fundamentals help to lessen the level of obstacles substantially. Third, the role of institutions in promoting firms’ inclusive finance is quite different to the role of financial development and economic growth. JEL classification: E02; G10; O16; P48

CEO outsiderness and firm performance in an emerging economy: The moderating role of managerial discretion

2018 ◽  
Vol 26 (5) ◽  
pp. 798-814
Author(s):  
Aylin Ataay
Keyword(s):  
Firm Performance ◽  
Chief Executive ◽  
Emerging Economy ◽  
Managerial Discretion ◽  
Ceo Succession ◽  
Direct Impact ◽  
And Performance ◽  
Succession Events ◽  
Moderating Role

AbstractInconsistent findings from prior research on the performance consequences of new Chief Executive Officer (CEO) origin led us to study the moderating effect of managerial discretion on the link between CEO outsiderness and firms’ post-succession performance. Data from 75 CEO succession events from an emerging economy show that new CEO outsiderness, without managerial discretion context influences, has no direct impact on post-succession performance. Further, our findings emphasise the moderating impacts of managerial discretion, stemming from factors in a company’s external and internal contingencies, which either strengthen or weaken the association between new CEO outsiderness and post-succession firm performance. It is found that market complexity, but not munificence, provides CEOs with more discretion in the Turkish context, thus strengthening the positive associations between CEO origin and firm performance. Firms inertia weakens both managerial discretion level and the association between CEO outsiderness and firm performance. The results show that internal corporate governance also matters. Finally, when a CEO assumes the dual role of both the chairman and the CEO, the link between CEO outsiderness and performance of the firm becomes stronger.

scholarly journals The Relationship Between Media Content Preferences and Political Participation in 25 European Countries: The Moderating Role of Broadband Penetration and Broadband Access

2017 ◽  
Vol 47 (7) ◽  
pp. 967-987
Author(s):  
Paul Hendriks Vettehen ◽  
Joeri Troost ◽  
Lex Boerboom ◽  
Mickey Steijaert ◽  
Peer Scheepers
Keyword(s):  
Political Participation ◽  
Voter Turnout ◽  
European Social Survey ◽  
Media Content ◽  
Broadband Access ◽  
Broadband Internet ◽  
Level Characteristic ◽  
Country Level ◽  
Moderating Role

This study examined the idea that the rise of broadband Internet has contributed to an aggravation of the divide between those who are politically active and those who are not. It was hypothesized that both access to broadband Internet (as an individual-level characteristic) and broadband penetration (as a country-level characteristic) would strengthen the positive relation between relative preferences for political media content and political participation. Analyses were based on data that were collected in the 2010 wave of the European Social Survey ( N = 40,582; 25 countries). Political participation was measured both using a voter turnout variable and using a more general political participation scale. Findings from multilevel analyses provide support to the moderating role of both broadband access and broadband penetration, but only when using the general political participation scale.

scholarly journals Effects of International Exposure on Corporate Social Responsibility of the Chinese Corporate Sector: The Moderating Role of CEO Duality

2021 ◽  
Author(s):  
◽  
Radhika Ravi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Agency Theory ◽  
Home Country ◽  
Negative Effects ◽  
Corporate Sector ◽  
Ceo Duality ◽  
Corporate Social ◽  
Moderating Role

<p>International exposure of a firm into new environments is one of the most important paths to firm growth. It provides growth opportunities and learning, and poses challenges of managing uncertainties of the new institutional environment, and demands of diverse domestic and international stakeholders. Despite the abundance of research on the effects of international exposure of a firm on its performance, the effects on corporate social responsibility (CSR) are not well understood. In addition to examining the direct effects of the international exposure of a firm on CSR activities in the home country, this study also examines the moderating role of Chief Executive Officer (CEO) duality in the association between international exposure of a firm and CSR activities in the home country.  Drawing from institutional theory and agency theory, this study argues that international exposure of a firm leads to a decrease in CSR activities in the home country. It further posits that CEO duality also negatively affects CSR activities in the home country. Further, the proposed moderation hypotheses argue that the negative effects of international exposure of a firm on CSR activities in the home country are stronger for firms with CEO duality as compared to non-duality. The proposed hypotheses are tested with data from 240 publicly listed Chinese firms between 2008 and 2016, consisting of 1920 firm-years. The panel data is analysed using Linear Mixed Modelling (LMM) with the SPSS software. The findings support all the proposed hypotheses.  This study makes three key contributions. Firstly, the study uses the institutional theory and agency theory to provide evidence for the negative effects of international exposure of a firm and CEO duality on CSR activities in the home country. Secondly, it enhances the understanding of how CEO duality acts as a boundary condition between international exposure of a firm and CSR relationships. Thirdly, it contributes to the emerging economy multinational enterprises literature by enhancing understanding of the proposed relationships in the context of the Chinese corporate sector.</p>

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