Linking board types to key board roles
Author: Roy, Marie‐Josee
Source: International Journal of Business Governance and Ethics, Volume 4, Number 3, 19 February 2009 , pp. 298-314(17)
Publisher: Inderscience Publishers
Abstract:Based on the results of a survey of 161 Canadian companies, this study focuses on board characteristics and their relationship to two essential board roles: strategy involvement and management monitoring. To examine these issues, a typology highlighting four possible board types is presented based on the level of independence and expertise of boards (authoritative, executive, institutional and convenient). The study demonstrates that board characteristics do have a significant impact on board roles. This study's findings are consistent with basic agency arguments regarding the importance of creating independent boards. However, it highlights the importance of board expertise as an essential criterion for board performance.
Document Type: Research Article
Affiliations: Faculty of Administrative Sciences, University Laval, Quebec, G1K 7P4, Canada
Publication date: 2009-02-19
- The International Journal of Business Governance and Ethics aims to critically explore business and managerial strategies, actions, responsibilities and accountabilities for survival in a highly transparent and dynamic global world.
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