Short-run Johansen frontier-based industry models: methodological refinements and empirical illustration on fisheries
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...
Digitalization and Resource Mobilization
Digitalization can profoundly change resource mobilization, including the search, access and governance of resources. In this introductory paper to the Special Issue on Digitalization and Resource Mobilization, we review existing research to identify different approaches towards digitalization, different conceptualizations of what resources are in ...
How private equity-backed buyout contracts shape corporate governance
status: published
Natural Disasters and Corporate Philanthropy: A Double Movement Perspective
10.1017/mor.2022.40 / MANAGEMENT AND ORGANIZATION REVIEW / 19 / 1 / 98-137
How private equity-backed buyout contracts shape corporate governance
This paper explores how contracts in private equity-backed buyouts shape corporate governance in portfolio companies. Drawing upon agency theory and incomplete contracting theory, 50 actual contracts are analyzed in detail. Contracts focus on reducing adverse selection risks through limiting pre-investment information asymmetries and aligning the g...
Capitalizing on the uniqueness of international business: Towards a theory of place, space, and organization
The field of international business (IB) has been successful in developing a unique body of knowledge on the multinational corporation and on country-level contexts. A recurring debate concerns its claim to uniqueness, and to associated scholarly characteristics that distinguish IB from other fields of research. I discuss what makes IB research uni...
The indirect distribution dilemma : assessing the financial impact of participation in Booking.com for hotels
Purpose – To assess if the benefits outweigh the costs of participation in online travel agencies (OTAs) such as Booking.com. Design/methodology/approach – A two-step system GMM estimation of a regression model of firm-level return on assets (ROA) on a dummy variable indicating whether a lodging facility participates in Booking.com. The assessment ...
A customer-centric five actor model for sustainability and service innovation
status: published
A Reference Architecture for Blockchain-Based Crowdsourcing Platforms
status: published
