The moderating effect of environmental dynamism on the ownership and performance relationship

被引:7
|
作者
Li, MF [1 ]
Simerly, RL
机构
[1] Calif State Univ Northridge, Coll Business Adm & Econ, Dept Management, Northridge, CA 91330 USA
[2] E Carolina Univ, Sch Business, Greenville, NC USA
关键词
environmental dynamism; agency theory; performance;
D O I
10.1002/(SICI)1097-0266(199802)19:2<169::AID-SMJ939>3.0.CO;2-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
Agency theory posits a positive relationship between insider ownership and organizational performance. Past empirical studies examining this issue have not firmly established this relationship. The current study postulates and tests the moderating effect of environmental dynamism on the insider ownership and performance nexus. Implications and future research directions are considered. (C) 1998 John Wiley & Sons, Ltd.
引用
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页码:169 / 179
页数:11
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