Agency conflict in diversified business groups and performance of affiliated firms in India

2021 ◽  
Vol 2021 (1) ◽  
pp. 12249
Author(s):  
Anish Purkayastha ◽  
Chinmay Pattnaik ◽  
Atul Arun Pathak
2020 ◽  
Vol 12 (17) ◽  
pp. 6888
Author(s):  
Youngshin Woo ◽  
Wooseok Choi ◽  
Insik Min ◽  
Mugoan Jeong

This study examines the impact of Korean business groups, chaebols, on the sporting performance of their affiliated professional sports teams using game data from 1983 to 2013. We investigated whether or not chaebol ownership of professional sports teams is more efficient than non-chaebol ownership in achieving athletic success on the field of play. Our empirical evidence found that the chaebol-affiliated teams are more likely to be the league winners or finalists than non-chaebol teams are. We also tested the relationship between the financial crisis in the wider economy that deflates firm resources and athletic outcomes in the affiliated teams. In the tests, which divide the sample period into three 10-year periods, the results of two sub-samples (1983–1993 and 2004–2013) were in line with previous results. We, however, identified an exception when chaebol teams did not play in more final matches of a league between 1994 and 2003, the time interval that includes the period of drastic restructuring of business groups during the 1997 Asian financial crisis.


2021 ◽  
Vol 7 (1) ◽  
pp. 8-13
Author(s):  
I Wayan Pantiyasa ◽  
Moh Agus Sutiarso ◽  
I Nyoman Arto Suprapto

The goal of community service in the second year (2020) in Pelaga village is to increase the role of tourism aware groups (Pokdarwis) and small business groups (SMEs) for the development of Pelaga Agrotourism Park-based on community. Through mentoring done by the team has been successfully created preferred tour packages and promotional tools online on Youtube, Facebook and Instagram. Agricultural products as supporting tourism produced by SME groups have been successfully improved quality and performance by using the brand Pelaga Agrotourism Park. It is hoped that the use of destination branding will increase the promotion and marketing of agribusiness products and Pelaga village as an agrotourism destination. Keywords: Pelaga Agrotourism Park, village community empowerment.


PLoS ONE ◽  
2021 ◽  
Vol 16 (9) ◽  
pp. e0257637
Author(s):  
Stein T. Holden ◽  
Mesfin Tilahun

We study how social preferences and norms of reciprocity are related to generalized (outgroup) and particularized (ingroup) trust among members of youth business groups in northern Ethiopia. The Ethiopian government promotes youth employment among land-poor rural youth by allocating them rehabilitated communal lands for the formation of sustainable businesses. The typical sustainable production activities that the groups can invest in include apiculture, forestry, horticulture, and livestock production. Our study used incentivized experiments to elicit social preferences, trust, and trustworthiness. We use data from 2427 group members in 246 functioning business groups collected in 2019. Altruistic and egalitarian preferences were associated with stronger norms to reciprocate, higher outgroup and ingroup trustworthiness and trust while spiteful and selfish preferences had opposite effects. The social preferences had both direct and indirect effects (through the norm to reciprocate) on trustworthiness and trust. Ingroup trust was positively correlated with a number of group performance indicators.


Author(s):  
James R. Lincoln ◽  
Matthew Sargent

This chapter explores how business groups can be viewed as networks; whether and how some groups are more “network-like” than others; and how formal network concepts and analytic methods may facilitate the study of a number of salient problems in business-group research. Much of the business-group literature treats a firm’s affiliation with a group as an “all or nothing” dichotomy. The network lens, however, forces the analyst to unpack the coarse dichotomy of “group” and “stand-alone” into an array of constituent relations, equivalences, and complementarities, which can in turn be mapped to outcomes such as strategy, operations, and performance. We first consider how attention to such formal network properties as density, connectivity, centrality, and clustering may advance business-group research. We then examine the degree to which a number of group configurations approximate the ideal type “network form”—a leading-edge mode of economic organization in the global economy.


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