创业者决策权及运营和披露机制在企业价值创造中的作用

IF 1.2 Q3 BUSINESS, FINANCE Advances in Accounting Pub Date : 2023-01-01 DOI:10.1016/j.adiac.2023.100643
Wei Hsu , Yvonne Lee , Nandu J. Nagarajan , Bin Srinidhi
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引用次数: 1

摘要

我们发现,与非创始人公司相比,创始人公司更有效地利用运营绩效和透明度作为创造价值的机制。更大的效率来自于创始人从战略上选择他们的投入。具体而言,它们提高了要求组织灵活性的差异化公司的毛利率,并提高了成本领先公司的资产使用效率。在差异化和成本领先的公司中,创始人公司比非创始人公司表现出更高的透明度。当创始人拥有更多的决策权时,运营绩效、透明度和价值的提高都会更大。我们的结果与以下解释一致:有影响力的创始人通过提供统一的愿景和单一的控制点,比类似的非创始人公司的经理更有效地利用组织绩效和透明度来增加公司价值。
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来源期刊
Advances in Accounting
Advances in Accounting BUSINESS, FINANCE-
CiteScore
2.50
自引率
6.20%
发文量
29
期刊介绍: Advances in Accounting, incorporating Advances in International Accounting continues to provide an important international forum for discourse among and between academic and practicing accountants on the issues of significance. Emphasis continues to be placed on original commentary, critical analysis and creative research.
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