More Accountable, More Ethical, Yet Less Trusted: Misplaced Corporate Governance in the Era of Big Data
研究发现新兴技术企业虽在公司治理和道德实践上过度合规，但合法性反而低于非新兴技术企业，揭示了大数据时代的信任悖论。
Abstract In this paper, we investigate the corporate governance and ethical practices of firms in emerging technologies. We argue that because they have unique characteristics and face unique institutional challenges and legitimacy controversies, compared to their non‐emerging technology counterparts, these firms tend to over‐conform with respect to their corporate governance and ethical practices. Drawing on corporate governance deviance theory and legitimacy theory, we develop a number of hypotheses, which we test using data from 68 matched pairs based in the USA for the period 2009–2017. Our findings indicate that emerging technology firms over‐conform regarding both corporate governance and ethical practices, yet, despite such over‐conformity, they have lower legitimacy levels compared to their non‐emerging technology counterparts.