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Author:Baysinger, B.
Hoskisson, R. E.
Title:The composition of boards of directors and strategic control: effects on corporate strategy
Journal:Academy of Management Review
1990 : JAN, VOL. 15:1, p. 72-87
Index terms:CORPORATE STRATEGY
MANAGEMENT CONTROL
BOARD OF DIRECTORS
COMPANY OWNERSHIP
Language:eng
Abstract:Boards of directors of large corporations provide a governance safeguard to both equity capital and managerial employment contracts. Thus, the board is a potentially important instrument of internal control. A theory and propositions are developed concerning a/ the relation among ownership, managerial control, and the composition of the boards of directors; b/ the relation between the composition of the boards and control strategies; c/ the relation among choice of control, corporate strategy, and strategic choice.
SCIMA record nr: 75233
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