跨越边界结构的制度来源:财富500强工业企业投资者关系部门的建立

Institutional Sources of Boundary-Spanning Structures: The Establishment of Investor Relations Departments in the Fortune 500 Industrials

ORGANIZATION SCIENCE · 1999
被引 384
人大 AFT50UTD24ABS 4*

中文导读

分析了1984-1994年间财富500强工业企业设立投资者关系部门的强制性和模仿性条件,发现社会运动激进分子提出的反管理层决议和金融分析师的严格审查是主要推动力。

Abstract

The authors analyze the coercive and mimetic conditions leading to the establishment of investor relations departments among Fortune 500 industrial firms during the 1984–1994 period. The results show that antimanagement resolutions brought to a vote by social movement activists significantly contributed to the establishment of investor relations departments. Intense scrutiny by financial analysts also impelled firms to create such departments. Whereas social movement activists framed shareholder rights as a problem and compelled organizations to uphold them, professional analysts subtly coerced organizations to signal their commitment to investor rights by creating boundary-spanning structures. That solution was transmitted through board interlocks to other organizations.

公司治理制度理论投资者关系组织社会学