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| Tekijä: | Fiegener, M. K. |
| Otsikko: | The adoption of outside boards by small private US firms |
| Lehti: | Entrepreneurship & Regional Development
2000 : OCT-DEC, VOL. 12:4, p. 291-309 |
| Asiasana: | DIRECTORS LIFE CYCLES SMALL BUSINESS |
| Kieli: | eng |
| Tiivistelmä: | The research issue motivating the present study is concerned with why some small private firms adopt an 'outside board' (i.e. larger boards in which the majority of directors are neither managers of the firm nor relatives of the Chief Executive Officer (CEO)) and others do not. This issue is addressed by investigating whether differing contextual conditions distinguish adopters from non- adopters of outside boards. The authors consider the adoption of an outside board to be one part of a larger organizational life-cycle process in which organizations implement more 'professional management' structures and practices in response to their evolving internal and external contexts. |
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