Record Details

Organizational Bankruptcy: The Consequences of Failure on Director Human and Social Capital

American Journal of Business and Management

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Field Value
 
Title Organizational Bankruptcy: The Consequences of Failure on Director Human and Social Capital
 
Creator Mullens, Drake; Tarleton State University, TX
 
Subject —
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Description We develop a model to explore the changes in human and social capital for directors on the board of a failed firm subsequent to organizational bankruptcy. With arguments rooted in signaling theory (Spence, 1973), we propose a negative relationship between bankruptcy and new director appointments, in addition to a negative relationship between bankruptcy and the prestige of directorships. We then develop propositions on how board tenure, board size, initial social capital, and frequency of bankruptcies in an industry moderate the negative relationship between organizational failure with human and social capital.
 
Publisher World Scholars
 
Contributor —
 
Date 2014-03-16
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://wscholars.com/index.php/ajbm/article/view/497
10.11634/216796061504497
 
Source American Journal of Business and Management; Vol 3, No 1 (2014); 52-59
 
Language en
 
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