search query: @journal_id 1345 / total: 264
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| Author: | Beekun, R. Stedham, Y. Young, G. |
| Title: | Board characteristics, managerial controls and corporate strategy: a study of US hospitals |
| Journal: | Journal of Management
1998 : VOL. 24:1, p. 3-20 |
| Index terms: | CONTROL CORPORATE STRATEGY HOSPITAL MANAGEMENT MODELS |
| Language: | eng |
| Abstract: | This study examined the relationships among board characteristics, emphasis on managerial controls, and corporate strategy. Results suggest that certain board characteristics that decrease board members' access to information about CEO performance-related behavior, e.g., infrequent CEO-board meetings and lack of a strategic planning committee, are likely to increase the emphasis on outcome-based controls. Results also indicate that an emphasis on outcome-based controls is likely to lead to more risk averse strategic decisions on the part of the CEO specifically with respect to capital investment. |
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