Integrating agency and resource dependence theory : firm profitability, industry regulation, and board task performance

Pugliese, Amedeo, Minichilli, Alessandro, & Zattoni, Alessandro (2013) Integrating agency and resource dependence theory : firm profitability, industry regulation, and board task performance. Journal of Business Research, 67, pp. 1189-1200.

View at publisher


Boards of directors are key governancemechanisms in organizations and fulfill twomain tasks:monitoringmanagers and firm performance, and providing advice and access to resources. In spite of a wealth of researchmuch remains unknown about how boards attend to the two tasks. This study investigates whether organizational (firm profitability) and environmental factors (industry regulation) affect board task performance. The data combine CEOs' responses to a questionnaire, and archival data from a sample of large Italian firms. Findings show that past firm performance is negatively associatedwith board monitoring and advice tasks; greater industry regulation enhances perceived board task performance; board monitoring and advice tasks tend to reinforce each other, despite their theoretical and practical distinction.

Impact and interest:

6 citations in Scopus
Search Google Scholar™
6 citations in Web of Science®

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

254 since deposited on 05 Jun 2013
66 in the past twelve months

Full-text downloads displays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 60623
Item Type: Journal Article
Refereed: Yes
Keywords: Board accountability, Board task performance, Resource dependency theory board monitoring, Attention based view, Contingency view
DOI: 10.1016/j.jbusres.2013.05.003
ISSN: 1873-7978
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Copyright Owner: Copyright 2013 Elsevier Inc. United States
Deposited On: 05 Jun 2013 01:20
Last Modified: 04 Jul 2016 06:54

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page