haku: @indexterm DECISION MAKING / yhteensä: 3774
viite: 293 / 3774
| Tekijä: | McDonald, M.L. Westphal, J.D. Graebner, M.E. |
| Otsikko: | What do they know? The effects of outside director acquisition experience on firm acquisition performance |
| Lehti: | Strategic Management Journal
2008 : NOV, VOL. 29:11, p. 1155-1177 |
| Asiasana: | corporate governance board of directors management effectiveness decision making mergers company performance |
| Kieli: | eng |
| Tiivistelmä: | In order to contribute to the literature on board effectiveness, this article explores how the nature of outside directors' prior experience, and resulting expertise (here as: expt.), will influence the performance of a focal firm's (here as: f-f.'s ) strategic initiatives. Based on a conceptual framework, it is found that directors will develop expt. in making particular kinds of acquisition (as: acq./acqs.) decisions using their past experiences ... about specific types of acqs. This experience and expt. is predicted to have positive effects on the performance of a f-f.'s acqs. This study's theoretical model is extended to consider the conditions under which relevant director experience will prove most beneficial etc. |
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