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Board members’ contribution to strategic decision-making in small firms

Pugliese, Amedeo & Wenstøp, Pingying Zhang (2007) Board members’ contribution to strategic decision-making in small firms. Journal of Management and Governance, 11(4), pp. 383-404.

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    Abstract

    This article explores how the boards of small firms actually undertake to perform strategic tasks. Board strategic involvement has seldom been investigated in the context of small firms. We seek to make a contribution by investigating antecedents of board strategic involvement. The antecedents are “board working style” and “board quality attributes”, which go beyond the board composition features of board size, CEO duality, the ratio of non-executive to executive directors and ownership. Hypotheses were tested on a sample of 497 Norwegian firms (from 5 to 30 employees). Our results show that board working style and board quality attributes rather than board composition features enhance board strategic involvement. Moreover, board quality attributes outperform board working style in fostering board strategic involvement

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    ID Code: 38915
    Item Type: Journal Article
    Additional URLs:
    Keywords: Corporate governance, Board of directors, Small firms, Board strategic involvement
    DOI: 10.1007/s10997-007-9036-3
    ISSN: 1572-963X
    Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Corporate Governance and Stakeholder Engagement (150303)
    Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
    Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
    Divisions: Current > QUT Faculties and Divisions > QUT Business School
    Current > Schools > School of Accountancy
    Copyright Owner: Copyright 2007 Springer Science+Business Media, LLC.
    Deposited On: 29 Nov 2010 08:55
    Last Modified: 01 Mar 2012 00:24

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