The effect of the board and executive committee characteristics on the degree of internationalization

Journal of International Management

Volumn 4, Issue 4, 1998, Pages 311-335

  Sherman, Hugh D ^a   Kashlak, Roger J ^b   Joshi, Maheshkumar P ^c  

^a OHIO UNIVERSITY   (United States)

^b LOYOLA UNIVERSITY MARYLAND   (United States)

^c SAINT JOSEPH S UNIVERSITY   (United States)

Author keywords

Corporate governance; Executive committe; Internationalization; Telecom industry

Indexed keywords

EID: 0005360596     PISSN: 10754253     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1075-4253(98)00017-9     Document Type: Article

References (111)

1. Abell D., Hammond J. Strategic market planning. problems and analytical approaches:1979;Prentice-Hall, Englewood Cliffs, NJ.
2. Alderfer C. The invisible directors on corporate boards. Harvard Business Rev. 64(6):1986;38-50.
3. Bacon, J., Brown, J., 1975. Corporate directorship practices: role and selection and legal status of board. The Conference Board, New York.
4. Bartlett C., Ghoshal S. Managing across borders. the transnational solution:1989;HBS Press, Boston.
5. Baysinger B., Butler H. Corporate governance and the board of directors. performance effects of changes in board composition Journal of Law, Economics, and Organizations. 1:1985;101-124.
6. Baysinger B., Hoskisson R. The composition of boards of directors and strategic control. effects on corporate strategy Acad Manage Rev. 15(1):1990;72-87.
7. Berle A., Means G. The modern corporation and private property. 1932;MacMillan, New York.
8. Bilimoria D., Piderit S. Qualifications of corporate board committee members. Group Organ Manage. 19(3):1994;334-362.
9. Boeker W., Goodstein J. Organizational performance and adaptation. effects of environment and performance on changes in board composition Acad Manage J. 34:1991;805-826.
10. Buchanan B. Building organization commitment. the socialization of managers in work organizations Administrative Sci Q. 19:1974;533-546.
11. Capon N., Farley J., Hoeing S. Determinants of financial performance. Manage Sci. 36(10):1990;1143-1159.
12. Caves R. Multinational enterprise and economic analysis. 1982;Cambridge University Press, Cambridge, UK.
13. Cavusgil, S., Nevin, J., 1980. A conceptualization of the initial involvement in international marketing. In: Lamb, C., Dunne, P. (Eds.), Theoretical developments in marketing. Chicago, IL, pp. 68-71.
14. Cochran P., Wood R., Jones T. The composition of boards of directors and incidence of golden parachutes. Acad Manage J. 28:1985;664-671.
15. D'Aveni R. Hypercompetition. managing the dynamics of strategic maneuvering:1994;Free Press, New York.
16. Daily C. Governance patterns in bankruptcy reorganizations. Strategic Manage J. 17:1996;355-375.
17. Daniels J., Bracker J. Profit performance. do foreign operations make a difference? Manage Int Rev. 29(1):1989;46-56.
18. Davidson, W., Chandy, P., 1983. The regulatory environment for public utilities: indications of the importance of the political process. Financial Analysts J (November-December), 50-54.
19. Dielman, T., 1983. Pooled cross-sectional and time series data: a survey of current statistical methodology. The American Statistician (May), 225-266.
20. Dielman T. Pooled cross-sectional and time series data analysis. 1989;M. Dekker, New York.
21. Donaldson, G., 1995. A new tool for boards: the strategic audit. Harvard Business Rev (July-August), 99-107.
22. Dunning J. The eclectic paradigm of international production. a restatement and some possible extensions J Int Business Stud. 19:1988;1-31.
23. Dunning J. Transnational corporations and the growth of service. some conceptual and theoretical issues:1989;UNCTC current studies series, A No. 9. UN Publications, New York.
24. Dunning J., Norman G. The theory of the multinational enterprise. an application to multinational office location Environment and Planning. 25:1983;675-692.
25. Eisenhardt K., Schoonhoven C. Organizational growth. linking the founding team, strategy, environment and growth among U.S. semiconductor ventures (1978-1988) Administrative Sci Q. 35:1990;543-576.
26. Eppink D., Van Rhijin B. The internationalization of the Dutch industry. Long Range Planning. 21(5):1988;54-60.
27. Finkelstein S., Hambrick D. Top management tenure and organizational outcomes. the moderating role of managerial discretion Administrative Sci Q. 35:1990;484-503.
28. Finkelstein S., Hambrick D. Strategic leadership. top executives and their effects on organizations:1996;West, Minneapolis, MN.
29. Franko L. Global corporate competition. who's winning, who's losing, and the R&D factor as one reason why Strategic Manage J. 10(2):1989;49-74.
30. Fredrickson J., Hambrick D., Baumrin S. A model of CEO dismissal. Acad Manage J. 13:1988;255-270.
31. Fuller W., Battese G. Estimation of linear models with crossed-error structure. J Econometrics. 2:1974;67-78.
32. Geringer J., Beamish P., da Costa R. Diversification strategy and internationalization. implications for MNE performance Strategic Manage J. 10(1):1989;109-119.
33. Geswick C.G. Revolutionary change theories. a multilevel exploration of the punctuated equilibrium paradigm Acad Manage Rev. 16:1991;10-36.
34. Ghoshal S. Global strategy. an organizing framework Strategic Manage J. 8:1987;425-440.
35. Goodstein J., Gautam K., Boeker W. The effects of board size and diversity on strategic change. Strategic Manage J. 15:1994;241-250.
36. Grinyer P., McKiernan P. Generating major change in stagnating companies. Strategic Manage J. 11:1990;131-146.
37. Gruca T., Nath D. Regulatory change, constraints on adaptation and organizational failure. an empirical analysis of acute care hospitals Strategic Manage J. 15:1994;345-363.
38. Haleblian J., Finkelstein S. Top management team size, CEO dominance, and firm performance. role of environmental turbulence and discretion Acad Manage J. 36:1993;844-863.
39. Hambrick D., Fukutomi G. The season's of a CEO's tenure. Acad Manage Rev. 16(4):1991;719-742.
40. Hambrick D., Geletkanycz M., Fredrickson J. Top executive commitment to the status quo. some tests of its determinants Strategic Manage J. 14:1993;401-418.
41. Hamel G., Prahalad C. Competing for the future. 1994;HBS Press, Boston.
42. Hamel G., Prahalad C. Competing in the new economy. managing out of bounds Strategic Manage J. 17:1996;237-242.
43. Harrison, R., 1987. The strategic use of corporate board committees. California Manage Rev (Fall), 109-125.
44. Hitt M., Hoskisson R., Ireland D. A mid-range theory of the interactive effects of international and product diversification on innovation and performance. J Management. 11(Special issue):1994;29-47.
45. Hitt M., Hoskisson R., Kim H. International diversification. effects on innovation and firm performance in product-diversified firms Acad Manage J. 40(1):1997;767-798.
46. Hoskisson R., Johnson R., Moesel D. Corporate divestiture intensity in restructuring firms. effects of governance, strategy and performance Acad Manage J. 37:1994;1207-1251.
47. Hout, T., Porter, M., Rudden, E., 1982. How global companies win out. Harvard Business Rev (September-October), 98-108.
48. Jackson S. Consequences of group composition for the interpersonal dynamics of strategic issue processing. Shrivastava P., Huff A., Dutton J. Advances in strategic management. 1992;345-382 JAI Press, Greenwich, CT.
49. Johnson R., Hoskisson R., Hitt M. Board of director involvement in restructuring. the effects of board versus managerial controls and characteristics Strategic Manage J. 14:1993;33-50.
50. Judge W., Zeithaml C. Institutional and strategic choice perspectives on board involvement in the strategic decision process. Acad Manage J. 35:1992;766-794.
51. Kashlak R., Joshi M. Core business regulation and dual diversification patterns in the telecommunications industry. Strategic Manage J. 15(4):1994;603-612.
52. Katrishen F., Scordis N. Economies of scale in services. a study of multinational insurers J Int Business Stud. 29(2):1998;305-324.
53. Katz R. The effects of group longevity on project communication and performance. Administrative Sci Q. 27:1982;81-104.
54. Keck S., Tushman M. Environmental and organizational context and executive team structure. Acad Manage J. 36:1993;1314-1344.
55. Kensinger J., Martin J. Relationship investing. what active institutional investors want from management:1996;Financial Executives Research Foundation, Morristown, NJ.
56. Kesner I. Directors characteristics and committee membership. an investigation of type, tenure, and gender Acad Manage J. 31(1):1988;66-84.
57. Kesner I., Johnson B. An investigation of the relationship between board composition and stockholder suits. Strategic Manage J. 11(4):1990;327-336.
58. Kmenta J. Elements of econometrics. 2:1986;MacMillan, New York.
59. Kogut, B., 1985. Designing global strategies: profiting from operational flexibility. Sloan Manage Rev (Fall), 27-38.
60. Koontz H. The board of directors and effective management. 1967;McGraw-Hill, New York.
61. Lorsch, J., 1995. Empowering the board. Harvard Business Rev (January-February), 107-117.
62. Lorsch J., MacIver E. Pawns or potentates. the reality of America's corporate boards:1989;HBS Press, Boston.
63. Mace M. Directors. myth and reality:1971;HBS Press, Cambridge, MA.
64. Maisonrouge J. Education of a modern international manager. J Int Business Stud. 13:1983;56-60.
65. Mallette P., Fowler K. Effects of board composition and stock ownership on the adoption of poison pills. Strategic Manage J. 13:1992;1010-1035.
66. Mattar E., Ball M. Handbook for corporate directors. 1985;McGraw-Hill, New York.
67. Miller K. A framework for integrated risk management in international business. J Int Business Stud. 23(2):1992;311-321.
68. Miller K. Economic exposure and integrated risk management. Strategic Manage J. 19:1998;487-514.
69. Miller D., Chen M. The simplicity of competitive repertoires. an empirical analysis Strategic Manage J. 17:1996;419-440.
70. Miller S., Parkhe A. Patterns of expansion of U.S. banks' foreign operations. J Int Business Stud. 29(2):1998;359-390.
71. Milles G. On the board. 1981;Gower Publishing Ltd, London.
72. Mintzberg H. Power in and around organizations. 1983;Prentice-Hall, Englewood Cliffs, NJ.
73. Mizruchi M. Who controls whom? An examination of the relation between management and the board of directors in large U.S. corporations. Acad Manage Rev. 8:1983;426-435.
74. Mizruchi M., Stearns L. A longitudinal study of the formation of interlocking directorates. Administrative Sci Q. 33:1988;194-210.
75. Mizruchi M., Stearns L. A longitudinal study of borrowing by large American corporations. Administrative Sci Q. 39:1994;118-140.
76. Monks R., Minow N. Corporate governance. 1995;Blackwell Publishers, Cambridge, MA.
77. st century:1996;Blackwell Publishers, Cambridge, MA.
78. Nadler D., Shaw R., Walton A. Discontinuous change. leading organizational transformations:1995;Jossey-Bass, San Francisco.
79. Navarro, P., 1983. How Wall Street ranks the public utility commissions. Financial Analysts J (November-December), 46-50.
80. Pearce J., Zahra S. The relative power of CEOs and boards of directors. Strategic Manage J. 12:1991;135-153.
81. Pearce J., Zahra S. Board composition from a strategic contingency perspective. J Manage Stud. 29:1992;412-438.
82. Pfeffer J. Size and the composition of corporate boards of directors. the organization and its environment Administrative Sci Q. 17:1972;218-229.
83. Pfeffer J., Salancik G. The external control of organizations. 1978;Harper and Row, New York.
84. Porter M. Competitive strategy. 1980;The Free Press, New York.
85. Porter M. Competitive advantage. 1985;The Free Press, New York.
86. Porter M. The competitive advantage of nations. 1990;The Free Press, New York.
87. Priem R. Top management team group factors, consensus, and firm performance. Strategic Manage J. 11:1990;469-477.
88. Ramaswamy K., Kroeck K., Renforth W. Measuring the degree of internationalization of a firm. a comment J Int Business Stud. 27(1):1996;167-178.
89. Russo M. Power plays. regulation, diversification and backward integration in the electric utility industry Strategic Manage J. 13:1992;13-27.
90. Institute S.A.S. SAS technical report. P-229:1992;SAS Institute, Cary, North Carolina.
91. Shaw M. Group dynamics. 1981;McGraw-Hill, New York.
92. Shull F., Delbecq A., Cummings L. Organizational decision making. 1970;McGraw-Hill, New York.
93. Smith K., Grimm C. Environmental variation, strategic change and firm performance. a study of railroad deregulation Strategic Manage J. 8:1987;363-376.
94. Stearns L., Mizruchi M. Board composition and corporate financing. the impact of financial institution representation on borrowing Acad Manage J. 36(3):1993;603-618.
95. Stopford J., Dunning J. The world directory of the multinational enterprises 1982-82. 1983;Gale Research Company, Detroit, MI.
96. Stopford J., Wells L. Managing the multinational enterprise. 1972;Basic Books, New York.
97. Sullivan D. Measuring the degree of internationalization of a firm. J Int Business Stud. 25:1994;325-342.
98. Sullivan D., Bauerschmidt A. Common factors underlying barriers to export. a comparative study in the European and U.S. paper industry Manage Int Rev. 29(2):1989;46-63.
99. Tallman S., Li J. Effects of international diversity and product diversity on the performance of multinational firms. Acad Manage J. 39(1):1996;179-196.
100. Terborg J., Castore C., DeNinno J. A longitudinal field investigation of the impact of group composition on performance and cohesion. J Personality Soc Psychol. 34:1976;787-791.
101. Thompson J. Organizations in action. 1967;McGraw-Hill, New York.
102. Useem M. Executive defense. shareholder power and corporate reorganization:1993;Harvard University Press, Cambridge, MA.
103. Vance S. Corporate leadership. boards, directors and strategy:1983;McGraw-Hill, New York.
104. Vernon R. International investment and international trade in the product cycle. Q J Econ (May). 190-207:1966.
105. Waldo C. Boards of directors. their changing roles, structures and information needs:1985;Quorum Books, Westport, CT.
106. Wiersema M., Bantel K. Top management team demography and corporate strategic change. Acad Manage J. 35(1):1992;91-121.
107. Wolf B. Industrial diversification and internationalization. some empirical evidence J Ind Econ (December). 177-191:1977.
108. World Bank World development report. 1994;Oxford University Press, Oxford, England.
109. Zahra S., Pearce J. Boards of directors and corporate financial performance. a review and integrative model J Manage. 15(2):1989;291-344.
110. Zald M. The power and functions of boards of directors. Am J Sociol. 5:1969;97-111.
111. Zinn J., Kashlak R., Balotsky E. Selecting international markets. lessons from for-profit hospitals Hospital and Health Services Administration. 39(1):1994;17-30.