Research Handbook on Boards of Directors最新文献

Dealing with strategic tensions on the board: the role of the chair in fostering engagement and debate 处理董事会的战略紧张关系:主席在促进参与和辩论中的作用

Research Handbook on Boards of Directors Pub Date : 2019-08-01 DOI: 10.4337/9781786439758.00010

Filipe Morais, A. Kakabadse, N. Kakabadse

{"title":"Dealing with strategic tensions on the board: the role of the chair in fostering engagement and debate","authors":"Filipe Morais, A. Kakabadse, N. Kakabadse","doi":"10.4337/9781786439758.00010","DOIUrl":"https://doi.org/10.4337/9781786439758.00010","url":null,"abstract":"This chapter presents the findings of a study of the chairs and CEOs of large UK listed companies, exploring the chair’s role in harnessing the capabilities of the board in order to deal with strategic tensions. The study draws on 30 in-depth exploratory interviews with chairs and CEOs and finds that chairs have a wide range of choices at their disposal in pursuit of the surfacing and handling of strategic tensions by the board. These choices include setting the tone, the policy and practice of engagement between non-executives and the business, and between the board and the CEO. It is essential for the chair to take a proactive approach and ensure that tension-generating topics are part of the agenda and that all board members, formal or not, are encouraged to attend committee work. Engagement is insufficient if it is not followed by appropriate debate. Chairs manage board dynamics and participants’ contributions during meetings, ensuring, by means of regular summarising and concluding, that tensions are confronted and discussed by all members and that a shared direction is agreed. Through such practice, chairs establish the degree of board involvement in strategy, aiming for an involvement that is both challenging and supportive of the executive and which is best described as interactive strategising. Boards of directors regularly face difficult, strategic-tension-generating issues, and this study offers fresh insight into the chair’s critical role as leader.","PeriodicalId":385910,"journal":{"name":"Research Handbook on Boards of Directors","volume":"447 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124484833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analysing the board of directors in family firms: an integrated framework for future research directions 家族企业董事会分析:未来研究方向的整合框架

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00016

A. Cirillo, Donata Mussolino

引用次数: 1

The management of independent directors: a praxis hypothesis 独立董事的管理:一个实践假设

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00020

S. Collin, Elin Smith

引用次数: 2

The determinants of trust in the boardroom 董事会信任的决定因素

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00011

Michael Ogunseyin, Stuart Farquhar, S. Machold

{"title":"The determinants of trust in the boardroom","authors":"Michael Ogunseyin, Stuart Farquhar, S. Machold","doi":"10.4337/9781786439758.00011","DOIUrl":"https://doi.org/10.4337/9781786439758.00011","url":null,"abstract":"Studies on the relationship between board compositional characteristics and performance have remained elusive after decades of research (Dalton et al., 1998; Forbes and Milliken, 1999). Scholars have argued that such research is akin to treating the board as a ‘black box’ without investigating what actually happens inside the boardroom (Huse, 1998, 2007; Pettigrew, 1992; Pettigrew and McNulty, 1995). More recent research has therefore moved towards behavioural perspectives on boards (Forbes and Milliken, 1999; Hambrick et al., 2008; Huse, 2007; Huse et al., 2011). These behavioural studies draw on a wider range of theoretical concepts in order to capture and examine the socio-psychological processes that occur in the boardroom (Westphal and Zajac, 2013). Moreover, the behavioural research stream has eschewed traditional archival data-based methods that have dominated the conventional research on corporate boards and instead given preference to data and methods that have allowed researchers to get closer to actual behaviours and interactions in the boardroom (Bailey and Peck, 2011; Huse and Zattoni, 2008; Machold and Farquhar, 2013; Minichilli et al., 2009, 2012; Pye, 2001; Pugliese et al., 2015; Zona and Zattoni, 2007).","PeriodicalId":385910,"journal":{"name":"Research Handbook on Boards of Directors","volume":"244 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114465083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Opening the black box of boards of directors: taking stock of recent studies on board dynamics 打开董事会的黑箱:对董事会动态的最新研究进行盘点

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00013

Alessandro Zattoni, Amedeo Pugliese

引用次数: 8

Board informal hierarchy and board performance 董事会非正式层级与董事会绩效

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00009

D. Veltrop, E. Molleman

引用次数: 1

Roles and tasks of German supervisory boards: an exploratory view 德国监事会的角色与任务:一个探索性的视角

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00031

T. Steger, Steffen Jahn

引用次数: 0

Rethinking boards and governance in the digital era: implications for practice and research 重新思考数字时代的董事会和治理:对实践和研究的启示

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00036

Alessandra Rigolini, Jonas Gabrielsson, Mirian Izquierdo Barriuso, M. Huse

引用次数: 2

‘When in Rome, do as the Romans do’? A call for more context sensitive research on boards of directors "入乡随俗"呼吁对董事会进行更多情境敏感的研究

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00006

Jonas Gabrielsson, Wafa Khlif, S. Yamak

{"title":"‘When in Rome, do as the Romans do’? A call for more context sensitive research on boards of directors","authors":"Jonas Gabrielsson, Wafa Khlif, S. Yamak","doi":"10.4337/9781786439758.00006","DOIUrl":"https://doi.org/10.4337/9781786439758.00006","url":null,"abstract":"Boards of directors have been the focus of many studies in the last few decades. A convergence to the Anglo-American corporate governance system has long been emphasised within this stream of research and by transnational organisations like the Organisation for Economic Co-operation and Development (OECD; Clarke, 2017). The convergent system has dominating features such as ‘outsider’ control of management by investors, a focus on shareholders as the main beneficiary of business returns and calls for independent directors that can monitor managerial behaviour and firm performance (e.g., Thomsen, 2003; Toms and Wright, 2005; Goergen et al., 2008). However, in recent years we are witnessing a growing number of studies that investigate the particularities of the context and its consequences for boards of directors. For example, rising concerns about climate change and corporate social responsibility (CSR) in many parts of the world affect conceptions and expectations about the social contract of corporations and to whom board members are responsible (e.g., Mackenzie, 2007; Prado-Lorenzo and Garcia-Sanchez, 2010; Michelon and Parbonetti, 2012). Moreover, contemporary issues such as economic protectionism, social turmoil and political instability in many countries across the world lead to strategic uncertainties and operational risks that companies and their boards must deal with (e.g., Ellstrand et al., 2002; Hillman, 2005; Kolb and Schwartz, 2009). In a recent study, Useem (2015) points to the rising complexity in company decisions since the millennium, which resulted in the reinforcement of governing boards to serve as partners in those decisions with the company top management team. This in turn shifts the emphasis from monitoring to a focus on company background and on how boards are organised and can collaborate with the executives. Therefore, an active attention on the changing dynamics of the boards is needed. Adding to this, the ongoing digital transformation of society is gradually spreading across industries, with a significant impact on workforce automation, employment relations and the strategising of boards (e.g., Bankewitz et al., 2016). Given these diverging and often conflicting occurrences, corporate governance systems and boards of directors are to be understood within historical, spatial, political and societal contexts (Huse, 2018), as these layers concurrently provide boundaries for the actions and behaviours of corporate governance actors and decision makers both inside and outside the boardroom (Aguilera et al., 2008; Yokishawa et al., 2014). Even if it is generally acknowledged in scholarly research that boards of directors are a context-bound phenomenon, we can observe that the understanding of the role of context in the academic literature on boards in many ways is limited. In part, this has to","PeriodicalId":385910,"journal":{"name":"Research Handbook on Boards of Directors","volume":"94 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131727608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

On value and value creation: perspectives from board research and practice in SMEs 论价值与价值创造:来自中小企业董事会研究与实践的视角

Research Handbook on Boards of Directors Pub Date : 2019-07-26 DOI: 10.4337/9781786439758.00035

Daniel Yar Hamidi

引用次数: 2