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| Author: | Harris, I.C. Shimizu, K. |
| Title: | Too busy to serve? An examination of the influence of overboarded directors |
| Journal: | Journal of Management Studies
2004 : JUL, VOL. 41:5, p. 775-798 |
| Index terms: | Board of directors Corporate governance Executives Management Decision making Strategy |
| Language: | eng |
| Abstract: | Overboarded directors (hereafter as: overb.-dirs.), that is, those serving on too many boards, have come under recent attack. The accusation is that such directors are 'stretched' by several directorships and therefore cannot fulfill their governance responsibility. This study investigates the impact of overb.-dirs. on key strategic decisions such as corporate acquisitions (here as: acqs). Based on this examination of acqs. outcomes, it is found that such directors are important sources of knowledge and enhance acqs. performance. Moreover, they represent an important complement to inside and non-overboarded outside directors. |
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