Edited by Jonas Gabrielsson, Wafa Khlif and Sibel Yamak
Chapter 6: Opening the black box of boards of directors: taking stock of recent studies on board dynamics
This chapter offers an overview of the evolution of research on boards of directors over the last three decades. The concurrent emergence of multi-theoretical views alongside more nuanced and rich methodological approaches has significantly enhanced our understanding of how boards and directors behave. The chapter introduces the key research questions, objectives, methods and results of early research on boards, the so-called input–output studies dominating the 1990s. Next, it discusses the main limitations of these studies and their mixed and heterogeneous findings. Then, it discusses the growing interest in “opening the black box” of boards dynamics, and synthetizes several ongoing research projects aiming to offer a more nuanced understanding of board processes. Last, it summarizes the key findings of studies on boardroom dynamics and effectiveness and outlines some avenues that may inspire future research by governance scholars and the development of best practices by practitioners.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.