Getting Off to a Good Start: The Effects of Upper Echelon Affiliations on Underwriter Prestige

By M. J. Higgins, Ranjay Gulati. Organ. Sci., 2003

411 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/02fff127fa0eed6789e1ec148f2f1cbf65e0fe15

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Management of Technology and Innovation

Citations in the corpus

Careers and Clusters: Analyzing the Career Network Dynamic of Biotechnology Clusters (2005, background): “Most successful biotechnology firms draw upon heterogeneous communities of experts (Higgins and Gulati, 2003).”
Domestic alliance network to attract foreign partners: Evidence from international joint ventures in China (2014, background): “Some research emphasizes centrality (Higgins & Gulati, 2003; Ozmel, Reuer, & Gulati, 2012; Podolny, 2001), but does not examine brokerage .”
Standing out from the crowd: the visibility-enhancing effects of IPO-related signals on alliance formation by entrepreneurial firms (2007, background): “…of prestigious underwriters to risk their reputational capital by serving as the lead underwriter of an initial public offering is generally recognized as a powerful signal of the focal firm’s promise (Carter and Manaster, 1990; Hayes, 1970; Higgins and Gulati, 2003; Pollock et al., 2004).”
The Fruits of Legitimacy: Why Some New Ventures Gain More from Innovation Than Others. (2008, background): “The effects of legitimacy have been studied in other contexts, linking it to firm survival rates (Ruef and Scott 1998), new venture growth (Zimmerman and Zeitz 2002), and initial public offering success (Higgins and Gulati 2003).”
The Use of Signals in New-Venture Financing: A Review and Research Agenda (2021, background): “…al., 2001), firm size (Daily, Certo, & Dalton, 2005), firm age (Eddleston, Ladge, Mitteness, & Balachandra, 2016), venture capitalist backing (e.g., Higgins & Gulati, 2003), affiliation with prestigious underwriters (e.g., Colombo et al., 2019), and equity retained by corporate insiders (e.g.,…”
Dynamics of Social Capital and Their Performance Implications: Lessons from Biotechnology Start-ups (2006, background): “It has shown in different settings that social capital provides information and learning benefits (Powell, Koput, and Smith-Doerr, 1996), increased legitimacy (Higgins and Gulati, 2003), power and control (Burt, 1992), and coordination benefits (Coleman, 1990; Uzzi, 1997).”
Conveying Quality and Value in Emerging Industries: Star Scientists and the Role of Learning in Biotechnology (2011, neutral): “…2005), the percent of the firm sold (Brau and Fawcett, 2006), depth of their research pipeline; quality of their patent portfolio (Hsu and Ziedonis, 2007), venture capital backing (Meggison and Weiss, 1991), and the prestige of the underwriter (Meggison and Weiss, 1991; Higgins and Gulati, 2003).”
How firms respond to financial restatement : CEO successors and external reactions (2014, background): “…1973) to examine the role of executive characteristics in signaling firm quality to the financial markets, but most of this work has been done in the context of initial public offerings (IPOs) (e.g., Certo, 2003; Certo, Daily, & Dalton, 2001; Higgins & Gulati, 2003, 2006; Zhang & Wiersema, 2009).”
Ownership as a Form of Corporate Governance (2010, neutral): “…that aspects © 2010 The Authors Journal of Management Studies © 2010 Blackwell Publishing Ltd and Society for the Advancement of Management Studies of the firm’s top management team also influence investor decision making (Cohen and Dean, 2005; Higgins and Gulati, 2003; Jain and Tabak, 2008).”
Valuing University–Based Firms: The Effects of Academic Affiliation on IPO Performance (2011, background): “Higgins and Gulati (2003) identify technological partnerships as a signal of legitimacy and predictor of IPO success.”
KNOWLEDGE TRANSFER THROUGH INHERITANCE: SPIN- OUT GENERATION, DEVELOPMENT, AND SURVIVAL (2004, background): “In addition to having technological and marketing knowledge, spin-out founders are likely to benefit from their previous employer's contacts and from network ties (Higgins & Gulati, 2003; Yli-Renko, Autio, & Sapienza, 2001).”
How much prestige is enough? Assessing the value of multiple types of high-status affiliates for young firms (2010, methodology): “Executives' and directors' experience The experiences of executives and directors can also affect perceptions of their value (Beckman, 2006; Dimov and Shepherd, 2005; Eisenhardt and Schoonhoven, 1990; Gimeno et al., 1997; Higgins and Gulati, 2003).”
IPO Research in Management and Entrepreneurship: Moving the Agenda Forward (2009, background): “For instance, some studies investigate the antecedents to receiving the endorsement of prestigious underwriters, as these banks are presumably associated with the strongest offerings (Carter & Manaster, 1990; Higgins & Gulati, 2003; Hsu, 2006).”