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| Author: | Stiles, P. |
| Title: | The Impact of the Board on Strategy: An Empirical Examination |
| Journal: | Journal of Management Studies
2001 : JUL, VOL. 38:5, p. 627-650 |
| Index terms: | BOARD OF DIRECTORS UNITED KINGDOM DIRECTORS |
| Language: | eng |
| Abstract: | This article responds to widespread calls for direct study of boards of directors by using a multi-method approach involving an in-depth examination of 51 directors of UK public companies, a survey of 121 company secretaries and four case studies of UK pies, where multiple board members were interviewed. Through the use of a grounded methodology, this article examines the impact of boards on strategy and shows that by establishing the business definition, gatekeeping, selecting directors, and confidence building, the board influences the boundaries of strategic action. Evidence for the managerial domination of boards was slight, but the results showed support for a number of theoretical frameworks, suggesting that multiple perspectives are required to fully understand the nature of board activity. |
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