Firms allocate many resources to environmental, social, and governance (ESG) issues and
to growth options as if they were independent sources of value. Challenging this view, this …

Acquisitions are risky events but not all acquisitions involve the same levels of risk. We
suggest that the announced acquisition motive–the 'why'of the acquisition–is an important …

In this paper, we argue that the competitive intensity that a firm faces is related to the
diversification strategy it adopts. Specifically, higher competitive intensity is associated with …

There has been growing scholarly interest in the impact of CEO narcissism on discrete firm
outcomes. One area this CEO characteristic might impact is the firm's corporate political …

This study investigates the role of debt as an internal governance mechanism that can be
employed by companies to curb agency conflicts and discourage managers from value …

This study examines the individual effects of product diversification on performance and the
moderating effects of international diversification on the product diversification–performance …

Research and development (R&D) investments are strategic choices that firms make to
create and sustain competitive advantage. Extant literature proposes that firms' R&D …

The main purpose of this paper is to analyse the international VBM systems debate,
understanding the state of the art in the Accounting literature. According to the systematic …

We study how firms can benefit from external knowledge resources contingent on absorptive
capacity. We separate the three components of absorptive capacity–acquiring, assimilating …

Purpose In this exploratory multiple case study, we aim to compare the internationalization
of two state-owned enterprises (SOEs) owned by subnational governments with three …