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| Tekijä: | Nicholson, G.J. Kiel, G.C. |
| Otsikko: | Can directors impact performance? A case-based test of three theories of corporate governance |
| Lehti: | Corporate governance
2007 : JUL, VOL. 15:4, p. 585-608 |
| Asiasana: | management directors corporate governance theories case studies |
| Kieli: | eng |
| Tiivistelmä: | This paper examines hypothesized (hereafter as: hyp.) links btw. the board of directors and firm performance (here as: f-perf.) as predicted by the three predominant theories in corporate governance research, that's, agency theory (as: th.), stewardship th. and resource dependence th. Examined is the hyp. link between board demography and f-perf. expected under each th. By employing a pattern matching analysis of seven cases, it is found that while each th. can explain a particular case, no single th. explains the general pattern of results. |
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