Corporate Directors and Entrepreneurial Innovation: an Empirical Study Hung, Humphrey.

By: Hung, Humphrey
Contributor(s): Mondejar, Reuben
Material type: ArticleArticlePublisher: The Journal of Entrepreneurship 2005Description: 117-129Subject(s): Entrepreneurship | InnovationOnline resources: Click here to access online In: The Journal of EntrepreneurshipSummary: This paper presents the findings of a study of the association between corporate governance and entrepreneurial innovation in a major Asian metropolitan city. We identified three primary attributes of entrepreneurial innovation: preference for risk-taking, acceptance of changes, and development of new initiatives. While we intended to establish the relationship between corporate governance and entrepreneurial innovation, our research yielded mixed results. CEO/Chairman duality was found to be positively related to preference for risk-taking and development of new initiatives of firms, but not to the acceptance of changes in firms. Results also showed that whether directors were executive or non-executive had no significant impact on the level of entrepreneurial innovation of their firms. However, share-ownership of directors was found to be related to risk-taking preference, but not to acceptance of changes and development of new initiatives of firms.
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Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. 14, Issue. 2 Available 010441

This paper presents the findings of a study of the association between corporate governance and entrepreneurial innovation in a major Asian metropolitan city. We identified three primary attributes of entrepreneurial innovation: preference for risk-taking, acceptance of changes, and development of new initiatives. While we intended to establish the relationship between corporate governance and entrepreneurial innovation, our research yielded mixed results. CEO/Chairman duality was found to be positively related to preference for risk-taking and development of new initiatives of firms, but not to the acceptance of changes in firms. Results also showed that whether directors were executive or non-executive had no significant impact on the level of entrepreneurial innovation of their firms. However, share-ownership of directors was found to be related to risk-taking preference, but not to acceptance of changes and development of new initiatives of firms.

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