Organizational slack, national institutions and innovation effort around the world

Joel Baker Malen*, Paul M. Vaaler

*この研究の対応する著者

研究成果: Article査読

19 被引用数 (Scopus)

抄録

We develop and test a cross-level theoretical framework assuming that countries differ in national corporate governance institutions (NCGIs) protecting firm shareholders and employees, and that such NCGI protections moderate the firm-level relationship between organizational slack and innovation effort, that is, the purposeful allocation of firm resources toward the development of new products and services (as distinct from the new products and services themselves). We find support for framework predictions in two-stage estimated dependent variable analyses of organizational slack and institutional protections of shareholders and employees at more than 7000 firms from 29 countries observed from 1991 to 2005. Stronger shareholder protections diminish while stronger employee protections magnify slack effects on innovation effort. Our findings contribute to IB research investigating how country-level governance institutions influence firm-level behavior and performance.

本文言語English
ページ(範囲)782-797
ページ数16
ジャーナルJournal of World Business
52
6
DOI
出版ステータスPublished - 2017 11月 1
外部発表はい

ASJC Scopus subject areas

  • ビジネスおよび国際経営
  • 財務
  • マーケティング

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