京都大学 大学院経済学研究科・経済学部

セミナーシリーズ

経営学セミナー(2023.11.28)

Sea-Jin Chang(Lim Kim San Chair Professor of Business Administration, National University of Singapore)

開催日:
2023年11月28日(火)13:15-14:45
場所:
京都大学 吉田キャンパス 総合研究2号館 3F 講義室3 ※ 会場が変更になりました
言語:
英語
コーディネーター:
チョルパン・アスリ

タイトル: 

“Inter-divisional transfer versus external recruitment of executives in multidivisional firms:”

Abstract: 
Research on transaction cost theory to date suggests that the multidivisional form can efficiently organize diverse lines of business. This structural solution,known as the M-form, is not necessarily free from glitches, as it often underestimates the costs of managing inter-divisional resource sharing. In this study, weexplore how the transfer of executive managers across business divisions can serve as a key complementary mechanism to reduce the transaction costsassociated with corporate-wide resource coordination and control. We find that availability of intangible and tangible financial resources and given exchangerelationships among business divisions prompt inter-divisional executive transfer, based on our data of Korean business groups. We further find intensifiedcompetition and stronger capital market control diminish the value of such inter-divisional executive transfer and instead promote external recruitments ofexecutives.

ご参加をご希望の方は,2023年11月27日17:00までに以下のグーグルフォームからご登録をお願いします。
https://forms.gle/cL9G8jV51NrwZ4x5A

お問い合わせ先:sakata.mito.75u[at]st.kyoto-u.ac.jp([at]を@と置き換えてください)