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Question
Which of the following statements about strategy and institutions is TRUE?
a. When formal institutional constraints fail, informal constraints tend to fail as well.
b. Institutions are little more than background conditions to strategic decisions.
c. The institution-based view focuses on the dynamic interaction between institutions and firms, and considers strategic choices the outcome of such interaction.
d. The institutional similarities between developed and emerging economies have propelled the institution-based view to the forefront of strategy discussions.
Answer
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Related questions
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In order to tap into a larger pool of capital, Firm A _______ its shares on the stock exchanges in two foreign countries.
a. Cross-lists.
b. Tunnels.
c. Diffuses.
d.
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Which are NOTamong the aspects of globalization?
a. Contact with different governance norms.
b. FPI investors demand more protection.
c. The focus on governance has been replaced by a focus on shareholder value.
d. The global diffusion of best practices.
Q:
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a. Formal institutional framework.
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d. Lack of legal protection and its impact regarding large shareholders in emerging economies.
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In light of industry-based considerations, governances practices need to:
a. Follow universal best practices.
b. Increase the number of outside directors for firms in high-growth turbulent industries.
c. Create a fit with the nature of the firms industry.
d. Move toward CEO duality in slow-growth stable industries.
Q:
Which of the following is true of AngloAmerican corporate governance systems but not true of GermanJapanese systems?
a. It is bank-oriented and network-based.
b. It relies mostly on exit-based external systems.
c. It could be described as stakeholder capitalism.
d. It is a highly developed successful economy.
Q:
In recent years, CEO duality has:
a. Is no longer allowed for firms operating in the United States.
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Q:
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Q:
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b. CSR externalizes an internality.
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Q:
The CSR debate centers on the question:
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b. Shareholder wealth maximization.
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Q:
Although framed in a domestic versus overseas context, the heart of this debate boils down to the foundational thorny point that frustrates CSR advocates: In a capitalist society, the shareholdersotherwise known as capitalistsare the ones who matter at the end of the day.
a. True
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Choose one of the aspects of the comprehensive model of corporate governanceindustry-based, resource-based, or institution-based considerationsand how those factors influence the overall model.
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a. An ability to avoid bankruptcy and job loss.
b. Frequent conflict between ownership and management.
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Q:
Outside of the Anglo-American world, most large firms:
a. Have a widely held ownership.
b. Insist on significant separation between ownership and control.
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d. None of the above.
Q:
Ownership will likely be diffused for:
a. A start-up firm.
b. Family-owned firms.
c. State-owned firms.
d. about three-quarters of U.S.-listed firms.
Q:
Recently, stewardship theory suggests that by and large managers can be viewed as stewards of owners interests.
a. True
b. False
Q:
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a. True
b. False
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FPI investors demand less protection.
a. True
b. False
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Because of the market for corporate control, the long-term profitability of postmerger firms is impressively high.
a. True
b. False
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a. True
b. False
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Evidence indicates that family ownership plays a positive role in the performance of large firms.
a. True
b. False
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SOEs are an excellent way for firms to solve their incentive problems.
a. True
b. False
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a. True
b. False
Q:
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a. True
b. False
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a. True
b. False
Q:
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Q:
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a. NGOs.
b. Managers.
c. Consumers.
d. Suppliers.
Q:
Global R&D has pros and cons for the firm that uses that approach. However, suppose you are the leader of the country where that firm is based. How might you view having R&D being conducted by a global team in a matter that is vital to the nations economic health/and or security?