Abstract
This study proposes that fundamental differences in how owners and managers of small- to medium-sized enterprises view the uncertainty of their environments and their propensities towards risky and proactive behaviour significantly influence their decisions regarding whether to adjust their overall governance in the form of equity-based or agreement-based alliances. The study sets forth tests using a model with data from 686 SMEs in Eastern Australia, Costa Rica and Norway. The results suggest that how managers perceive the uncertainty in their environments and their orientations towards risky and proactive behaviour influence their choice of alliance structures but do so in differing and interesting ways across countries.
| Original language | English |
|---|---|
| Title of host publication | Symposium Proceedings of the 1st International Symposium on Corporate Governance in Privately Owned Firms |
| Editors | Brian Gibson |
| Place of Publication | Armidale, Australia |
| Publisher | University of New England, School of Business, Economics and Public Policy, Faculty of the Professions |
| ISBN (Print) | 9781921597046 |
| Publication status | Published - 2009 |
| Event | 1st International Symposium on Corporate Governance in Privately Owned Firms - Australia Technology Park, Sydney, Australia Duration: 5 Apr 2009 → 7 Apr 2009 |
Conference
| Conference | 1st International Symposium on Corporate Governance in Privately Owned Firms |
|---|---|
| City | Sydney, Australia |
| Period | 5/04/09 → 7/04/09 |
Keywords
- Financial Accounting
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