Interlocks and firm performance: The role of uncertainty in the directorate interlock-performance relationship
dc.contributor.author | Martin, G. | |
dc.contributor.author | Gözübüyük, Remzi | |
dc.contributor.author | Becerra, M. | |
dc.date.accessioned | 2016-06-30T12:33:31Z | |
dc.date.available | 2016-06-30T12:33:31Z | |
dc.date.issued | 2015-02 | |
dc.identifier.issn | 1097-0266 | |
dc.identifier.uri | http://hdl.handle.net/10679/4187 | |
dc.identifier.uri | http://onlinelibrary.wiley.com/doi/10.1002/smj.2216/abstract | |
dc.description | Due to copyright restrictions, the access to the full text of this article is only available via subscription. | |
dc.description.abstract | We examine how uncertainty influences the performance effects of directorate interlocks. Our study offers a new perspective of directorate interlocks as mechanisms that enable firms to improve performance when confronted with greater uncertainty, suggesting that uncertainty positively moderates the interlock-performance relationship. This contrasts with the view based on resource dependence theory suggesting networks reduce uncertainty and enhance firm performance, implying that uncertainty mediates the interlock effect upon performance. Using a sample of 3,745 firms across manufacturing industries in the United States during the period 2001–2009, we find support for the moderation argument and less convincing support for mediation, suggesting that firms may not form interlocks necessarily to reduce uncertainty. Instead, firms may create interlocks to enable adaptation and enhance performance when confronted by uncertainty. | |
dc.language.iso | eng | en_US |
dc.publisher | Wiley | |
dc.relation.ispartof | Strategic Management Journal | |
dc.rights | restrictedAccess | |
dc.title | Interlocks and firm performance: The role of uncertainty in the directorate interlock-performance relationship | en_US |
dc.type | Article | en_US |
dc.peerreviewed | yes | |
dc.publicationstatus | published | en_US |
dc.contributor.department | Özyeğin University | |
dc.contributor.authorID | (ORCID 0000-0002-1645-8089 & YÖK ID 223343) Gözübüyük, Remzi | |
dc.contributor.ozuauthor | Gözübüyük, Remzi | |
dc.identifier.startpage | 235 | |
dc.identifier.endpage | 253 | |
dc.identifier.wos | WOS:000347777900005 | |
dc.identifier.doi | 10.1002/smj.2216 | |
dc.subject.keywords | Directorate interlock | |
dc.subject.keywords | Performance | |
dc.subject.keywords | Uncertainty | |
dc.subject.keywords | Networks | |
dc.subject.keywords | Resource dependence | |
dc.identifier.scopus | SCOPUS:2-s2.0-84920886004 | |
dc.contributor.authorMale | 1 | |
dc.relation.publicationcategory | Article - International Refereed Journal - Institutional Academic Staff |
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