Substitutes or complements? A configurational examination of corporate governance mechanisms

• Main Authors: MISANGYI, Vilmos, ACHARYA, Abhijith G.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: ownership structure; CEO pay; institutional investors; executive-compensation; managerial incentives; financial performance; board composition; firm performance; strategic change; labor contracts; Business; Business Law, Public Responsibility, and Ethics; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4354; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5353/viewcontent/MisangyiAcharya2014_SubstitutesorComplements_Aconfigurationalexaminationofcorporategovernacnemechanisms_AMJ.pdf
• Institution: Singapore Management University

We conduct an exploratory qualitative comparative case analysis of the S&P 1500 firms with the aim of elaborating theory on how corporate governance mechanisms work together effectively. To do so, we integrate extant theory and research to specify the bundle of mechanisms that operate to mitigat...