haku: @indexterm board of directors / yhteensä: 520
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Tekijä:Castro, C. B. (et al.)
Otsikko:Does the team leverage the board's decisions?
Lehti:Corporate governance
2009 : NOV, VOL. 17:6 p. 744-761
Asiasana:corporate governance
strategic planning
board of directors
top management
decision making
Vapaa asiasana:strategic change
Kieli:eng
Tiivistelmä:This study analyses the form of the board-TMT interaction and the firm's level of strategic change. Related to these issues, it is also explored that there needs to be a good fit between the board of directors and the top management team (TMT) to effectively bring about strategic change. Using archival data from a sample of 119 firms from 1993 to 2000, it is found that when a synergy exists btw. the board and the TMT, there will be a greater inclination for strategic change. It is also found that a board's inclination to contribute to strategic change increases as the board size increases.
SCIMA tietueen numero: 272726
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