The composition of boards of directors and strategic control: effects on corporate strategy
Baysinger, Barry ; Hoskisson, Robert E.
1990
15
72-87
workers participation ; board level employee representation ; cross section analysis
Workers participation and European works councils
English
Bibliogr.
"Boards of directors of large corporations provide a governance safeguard to both equity capital and managerial employment contracts. Thus, the board is a potentially important instrument of internal control. This article develops theory and propositions concerning (a) the relation among ownership, managerial control, and the composition of the boards of directors; (b) the relation between the composition of the boards and control strategies (strategic versus financial controls); and (c) the relation among choice of control, corporate strategy, and strategic choice."
Digital
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