| 1. |
- Alatalo, J. M., et al.
(författare)
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Bryophyte cover and richness decline after 18 years of experimental warming in alpine Sweden
- 2020
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Ingår i: Aob Plants. - Oxford : Oxford University Press (OUP). - 2041-2851. ; 12:6
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Tidskriftsartikel (refereegranskat)abstract
- Climate change is expected to affect alpine and Arctic tundra communities. Most previous long-term studies have focused on impacts on vascular plants, this study examined impacts of long-term warming on bryophyte communities. Experimental warming with open-top chambers (OTCs) was applied for 18 years to a mesic meadow and a dry heath alpine plant community. Species abundance was measured in 1995, 1999, 2001 and 2013. Species composition changed significantly from original communities in the heath, but remained similar in mesic meadow. Experimental warming increased beta diversity in the heath. Bryophyte cover and species richness both declined with long-term warming, while Simpson diversity showed no significant responses. Over the 18-year period, bryophyte cover in warmed plots decreased from 43 % to 11 % in heath and from 68 % to 35 % in meadow (75 % and 48 % decline, respectively, in original cover), while richness declined by 39 % and 26 %, respectively. Importantly, the decline in cover and richness first emerged after 7 years. Warming caused significant increase in litter in both plant communities. Deciduous shrub and litter cover had negative impact on bryophyte cover. We show that bryophyte species do not respond similarly to climate change. Total bryophyte cover declined in both heath and mesic meadow under experimental long-term warming (by 1.5-3 degrees C), driven by general declines in many species. Principal response curve, cover and richness results suggested that bryophytes in alpine heath are more susceptible to warming than in meadow, supporting the suggestion that bryophytes may be less resistant in drier environments than in wetter habitats. Species loss was slower than the decline in bryophyte abundance, and diversity remained similar in both communities. Increased deciduous shrub and litter cover led to decline in bryophyte cover. The non-linear response to warming over time underlines the importance of long-term experiments and monitoring.
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| 2. |
- Judge, William Q., et al.
(författare)
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Configurations of Capacity for Change in Entrepreneurial Threshold Firms: Imprinting and Strategic Choice Perspectives
- 2015
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Ingår i: Journal of Management Studies. - Chichester : Wiley. - 1467-6486 .- 0022-2380. ; 52:4, s. 506-530
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Forskningsöversikt (refereegranskat)abstract
- Imprinting theory suggests that founding conditions are stamped' on organizations, and these imprinted routines often resist change. In contrast, strategic choice theory suggests that the firm can overcome organizational inertia and deliberately choose its future. Both theories offer dramatically different explanations behind an organization's capacity for change. IPO firms provide a unique context for exploring how imprinting forces interact with strategic choice factors to address organizational capacity for change as a firm moves from private to public firm status. Juxtaposing imprinting and strategic choice perspectives, we employ fuzzy set analysis to examine the multi-level determinants of organizational capacity for change. Our cross-national data reveal three effective configurations of organizational capacity for change within IPOs, and two ineffective configurations. Our results suggest that the antecedents of organizational capacity for change in entrepreneurial threshold firms are non-linear, interdependent, and equifinal.
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| 3. |
- Judge, William Q., et al.
(författare)
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Corporate governance and IPO underpricing in a cross-national sample : A multilevel knowledge-based view
- 2015
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Ingår i: Strategic Management Journal. - Chichester : John Wiley & Sons. - 0143-2095 .- 1097-0266. ; 36:8, s. 1174-1185
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Tidskriftsartikel (refereegranskat)abstract
- Prior studies of IPO underpricing, mostly using agency theory and single-country samples, have generally fallen short. In this study, we employ the knowledge-based view (KBV) to explore underpricing across 17 countries. We find that agency indicators are insignificant predictors, board of director knowledge limits underpricing, and external knowledge both substitutes for and complements internal board knowledge. This third finding suggests that future KBV studies should consider how internal and external knowledge states interact with each other. Our study offers new insights into the antecedents of underpricing and extends our understanding of comparative governance and the KBV of the firm. © 2014 John Wiley & Sons, Ltd.
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| 4. |
- Zattoni, Alessandro, et al.
(författare)
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Does board independence influence financial performance in IPO firms? : The moderating role of the national business system
- 2017
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Ingår i: Journal of World Business. - Kidlington : Pergamon Press. - 1090-9516 .- 1878-5573. ; 52:5, s. 628-639
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Tidskriftsartikel (refereegranskat)abstract
- Prior evidence suggests that board independence may enhance financial performance, but this relationship has been tested almost exclusively for Anglo-American countries. To explore the boundary conditions of this prominent governance mechanism, we examine the impact of the formal and information institutions of 18 national business systems on the board independence-financial performance relationship. Our results show that while the direct effect of independence is weak, national-level institutions significantly moderate the independence-performance relationship. Our findings suggest that the efficacy of board structures is likely to be contingent on the specific national context, but the type of legal system is insignificant. © 2017 Elsevier Inc.
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