Institutional sources of boundary-spanning structures: The establishment of investor relations departments in the Fortune 500 industrials

Authors
Rao, H Sivakumar, K
Citation
H. Rao et K. Sivakumar, Institutional sources of boundary-spanning structures: The establishment of investor relations departments in the Fortune 500 industrials, ORGAN SCI, 10(1), 1999, pp. 27-42
Citations number
67
Categorie Soggetti
Management
Journal title
ORGANIZATION SCIENCE
ISSN journal
10477039 → ACNP
Volume
10
Issue
1
Year of publication
1999
Pages
27 - 42
Database
ISI
SICI code
1047-7039(199901/02)10:1<27:ISOBST>2.0.ZU;2-9
Abstract
Investor relations departments are diffusing rapidly among U.S. firms, and these new boundary-spanning units are likely to affect corporate governance and management. This article suggests that anti-management resolutions, mo nitoring by independent financial analysts, and mimetic influences are hast ening the diffusion of this structural innovation.