TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Tremml, Timo
A1  - Löbbe, Sabine
A1  - Kuckertz, Andreas
T1  - Board behavior’s impact on entrepreneurial orientation in public enterprises
JF  - Journal of management & governance
N2  - Public enterprises find themselves in increasingly competitive markets, a situation that makes having an entrepreneurial orientation (EO) an urgent need, given that EO is an indispensable driver of performance. Research describes politicians delaying the strategic change of public enterprises when serving as board members, but empirical evidence of the impact of board behavior on EO in public enterprises is lacking. We draw on stakeholder-agency theory (SAT) and resource dependence theory (RDT) and use structural equation modeling (SEM) to investigate survey data collected from 110 German energy suppliers that are majority government owned. Results indicate that board strategy control and board networking do not seem to predict EO on first sight. Closer analysis reveals a board networking–EO relationship depending on ownership structure. Remarkably, we find that it is not the usually suspected local municipal owner who hinders EO in our sample organizations but minority shareholders engaging in board networking activities. The results shed light on the intersection of governance and entrepreneurship with special reference to the fine-grained conceptualization of RDT.
KW  - entrepreneurship
KW  - public enterprise
KW  - entrepreneurial orientation
KW  - board
KW  - governance
Y1  - 2021
UN  - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-31630
SN  - 1385-3457
SS  - 1385-3457
U6  - https://doi.org/10.1007/s10997-021-09592-8
DO  - https://doi.org/10.1007/s10997-021-09592-8
VL  - 25
SP  - 29
S1  - 29
PB  - Springer
CY  - Dordrecht
ER  -