Do banks engage in earnings management? The role of dividends and institutional factors
status: published
A complex network analysis approach to bankruptcy prediction using company relational information-based drivers
status: published
(De)centralized governance and the value of platform-based new ventures : the moderating role of teams and transparency
Drawing on institutional and demand-side perspectives, we investigate performance implications of (de)centralized governance modes in platform-based new ventures, and the conditions under which (de)centralization generates more value. Using a sample of 1,431 Initial Coin Offerings (ICOs), a new source of entrepreneurial finance, we find that centra...
Employment protection laws and the commercialization of new products : a cross-country study
Although there are opposing theoretical arguments on the relationship between the strength of a country's employment protection laws (EPLs) and innovation, empirical evidence tilts towards a positive relationship. However, research has mainly focused on the early stages of the innovation process, such as R&D and patenting. This study examines the r...
Does governing board involvement impact strategy implementation effectiveness? The role of information sharing in the po...
Many local authorities are governed by a dual governance structure involving a political governing board and a chief administrative officer (CAO). The question if both strategic actors should collaborate has been long debated. The politics-administration dichotomy perspective advocates independence, while the complementarity view eulogizes interdep...
The use of management controls in different cultural regions : an empirical study of Anglo-Saxon, Germanic and Nordic pr...
Most cross-cultural studies on management control have compared Anglo-Saxon firms to Asian firms, leaving us with limited understanding of potential variations between developed Western societies. This study addresses differences and similarities in a wide variety of management control practices in Anglo-Saxon (Australia, English Canada), Germanic ...
Management practices and M&A success
status: published
Governance implications of attracting external equity investors in private family firms
While research has commonly assumed that business-owning families are concerned about the preservation of control, families are increasingly seeking cooperation with external investors to accomplish firm- or family-level goals. In this paper, we provide a conceptual configuration of the different governance scenarios that may arise when family owne...
Equity crowdfunding and governance : toward an integrative model and research agenda
Equity crowdfunding markets have grown exponentially over the last few years. Despite this impressive growth, significant informational asymmetry problems may plague these markets, making them susceptible to difficulties and even market failure. In this paper, we depart from current equity crowdfunding research that focuses almost exclusively on th...
Influence of acquirer boards on M&A value creation: Evidence from Continental Europe
status: published
