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Board composition, process, and activism: evidence within American firms

Author

Listed:
  • Scott SCARBOROUGH

    (University of Toledo, USA)

  • Jeffrey J. HAYNIE

    (Auburn University, USA)

  • Christopher SHOOK

    (Auburn University, USA)

Abstract

This study provided an empirical test of the effects of compositional and process variables on board activism. The attributes examined were functional area knowledge, independence, duality, and effort norms. The findings from this study provided support for the positive relationships between both functional area knowledge and effort norms and board activism. The strong relationship between effort norms and activism indicates the importance of process variables in board research and the need for additional research using process variables in a board context giving further insight into board activism and governance. Additionally, the relationship between functional area knowledge and board activism highlights how boards ability to meet cognitive demands is critical in board performance. These results as well as future research directions are examined in the discussion.

Suggested Citation

  • Scott SCARBOROUGH & Jeffrey J. HAYNIE & Christopher SHOOK, 2010. "Board composition, process, and activism: evidence within American firms," Management & Marketing, Economic Publishing House, vol. 5(1), Spring.
    • Handle: RePEc:eph:journl:v:5:y:2010:i:1:n:1
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    References listed on IDEAS

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    1. Rajeswararao S. Chaganti & Vijay Mahajan & Subhash Sharma, 1985. "Corporate Board Size, Composition And Corporate Failures In Retailing Industry[1]," Journal of Management Studies, Wiley Blackwell, vol. 22(4), pages 400-417, July.
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