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Theorising director task performance over time: insights from capture theory

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  • Stuart Farquhar
  • Silke Machold
  • Pervaiz K. Ahmed

Abstract

We develop a conceptual framework in which we show how a non-executive director's task performance may change over their life cycle on the board. We adopt a three-stage process to examine the task performance of a non-executive director: independence stage, engagement stage and relationship renewal stage, and use capture theories of regulation to develop a number of testable propositions. We argue that capture theory allows us to explain how a non-executive director's task performance can change from one where monitoring and control is high and strategy and service is low to the reverse over their period on the board.

Suggested Citation

  • Stuart Farquhar & Silke Machold & Pervaiz K. Ahmed, 2014. "Theorising director task performance over time: insights from capture theory," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 9(2), pages 155-169.
    • Handle: RePEc:ids:ijbget:v:9:y:2014:i:2:p:155-169
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