Fatima Shuwaikh

@article{shuwaikh_1888,

title = {Carbon performance and firm value of the World's most sustainable companies},

author = {Fatima Shuwaikh and Faten Lakhal and Ramzi Benkraiem and Assil Guizani},

url = {https://www.sciencedirect.com/science/article/pii/S0264999322002437?via%3Dihub},

year  = {2022},

date = {2022-11-01},

journal = {Economic Modelling},

volume = {116},

pages = {106002},

abstract = {This study examines how carbon performance affects a firm's market value. It also studies how this effect is driven by leadership, gender diversity and innovation capacity. This study used a panel of the world's most sustainable companies ranked according to Corporate Knights between 2013 and 2019. The results revealed that carbon performance positively influenced firm market value, thereby indicating that investors rewarded firms with low levels of carbon emissions. This positive effect was more prevalent in firms with a high level of gender diversity and innovation capacity. The findings also demonstrate that rank-up and high-polluting firms continually increased their efforts to be sustainable, which increased the positive effect of carbon performance on firm value. Our results are robust to alternative measures and concerns about endogeneity.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{shuwaikh_1865,

title = {The impact of dynamic ambidexterity on the performance of organizations: Evidence from corporate venture capital investing in North America Author links open overlay panel},

author = {Fatima Shuwaikh and Souad Brinette and Sabrina Khemiri},

url = {https://doi.org/10.1016/j.jebo.2022.07.012},

year  = {2022},

date = {2022-08-01},

journal = {Journal Of Economic Behavior & Organization},

volume = {200},

pages = {991-1009},

abstract = {The purpose of this paper is to study the evolution of corporate investors' exploitation-exploration allocations and their long-term performance outcomes. The sample consists of 243 North American firms pursuing corporate venture capital (CVC) investments from 1993 to 2017. The results show that dynamic sequential ambidexterity promotes higher firm performance than balanced or simultaneous forms of ambidexterity. Alternating pursuit of exploitation and exploration characterized by a regular frequency of change over time enhances corporate investors' financial performance. The results suggest that CVC firms develop additional expertise in pursuing both exploitation and exploration activities over time which helps to enhance their performance. The findings also show that in times of crisis, the combined use of both exploration and exploitation in CVC investments enables firms to enhance their financial performance. The results are robust to alternative measures of financial performance and to endogeneity concerns. This paper provides insights to policymakers and managers of firms that are investing in CVC activities.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{shuwaikh_1897,

title = {Industry-relatedness, geographic proximity and strategic decisions of corporate and independent venture capital-backed companies},

author = {Fatima Shuwaikh},

url = {https://www.tandfonline.com/doi/abs/10.1080/00472778.2022.2108432},

year  = {2022},

date = {2022-08-01},

journal = {Journal Of Small Business Management},

abstract = {In this paper, we use the essential dichotomy between independent venture capital (IVC) and corporate venture capital (CVC) to investigate the investment mechanisms that lead venture-backed companies to take different successful exit routes, that is, an initial public offering (IPO) or an acquisition. Through an analysis of a sample of 4206 US companies, we find that CVC-backed companies have a longer investment duration and a larger investment amount than IVC-backed companies. Our analysis reveals that geographic distance and industry-relatedness are influential for the success of the company. We show that industry-relatedness is more likely to lead to an acquisition exit while geographic proximity rather fosters IPO exits.},

keywords = {},

pubstate = {online},

tppubtype = {article}

}

@article{shuwaikh_1742,

title = {Access to the Corporate Investors' Complementary Resources: A Leverage for Innovation in Biotech Venture Capital-Backed Companies},

author = {Fatima Shuwaikh and Emmanuelle Dubocage},

url = {https://www.sciencedirect.com/science/article/pii/S0040162521008052},

year  = {2022},

date = {2022-02-01},

journal = {Technological Forecasting And Social Change},

volume = {175},

pages = {121374},

abstract = {Entrepreneurial companies are a vital source of innovation and are financed by investors with different profiles. We examine whether the innovative outputs of entrepreneurial companies are responsive to access to complementary resources from different types of venture capital (VC) funds: ?independent venture capital (IVC) and corporate venture capital (CVC)?. We then delve deeper and examine the mechanisms by which we measure if access to investors' complementary resources has an influence on the innovation performance of the companies they fund. Our sample consists of 1547 U.S. biotechnology companies founded between 1998 and 2013 and financed by IVC or CVC funds. We find that CVC-backed companies display higher rates of innovation output, as measured by their patenting outcomes, than their IVC-backed counterparts. We specify three mechanisms that affect the influence of complementary resources of corporate investors compared to those of IVC: (1) absorptive capacity enhances the ability of the company to grasp and utilize investor knowledge; (2) business similarity helps nurture the technologies of innovative companies, and (3) geographic proximity enables approachability.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}