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The Involvement of Boards in Strategy Implementation

Author

Listed:
  • Ovidiu BORDEAN

    (Babes-Bolyai University, Romania)

  • Anca BORZA

    (Babes-Bolyai University, Romania)

  • Veronica MAIER

    (Babes-Bolyai University, Romania)

Abstract

The classical management perspective works on the assumption that CEO can design an explicit “grand strategy” for the entire enterprise. Later strategy perspectives question these normative assumptions and depict strategy as a messy, disorderly and disjointed process. In academic corporate governance research, it is widely agreed that boards should contribute to corporate strategy. But despite reasonable consensus on the board’s responsibility for strategy, how boards should fulfill this responsibility has remained unclear. In parts this due to the fact that the role the boards in strategy formulation and implementation is still an empirically understudied phenomenon in corporate governance research. Hence, the purpose of this research is to explore the potential role of the boards of directors in strategy formulation and implementation based on case study example – two aspects that have so far been left largely unaddressed by corporate governance research and practice.

Suggested Citation

  • Ovidiu BORDEAN & Anca BORZA & Veronica MAIER, 2011. "The Involvement of Boards in Strategy Implementation," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(5), pages 986-992, December.
  • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:5:p:986-992
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    File URL: http://www.rmci.ase.ro/no12vol5/14.pdf
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    Cited by:

    1. Yousef Shahwan & Nor Raihan Mohammad, 2016. "Descriptive Evidence Of Corporate Governance & Oecd Principles For Compliance With Jordanian Companies," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    2. Farouk Djermani & Arfan Shahzad & Adnan Ahmed Sheikh & Jamal Mohammed Esmail Alekam, 2016. "Factors Influencing The Intention To Use E-Government Services In Algeria: An Empirical Study," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    3. Kalu Joseph Ufere & Aliagha Godwin Uche & Buang Bin Alias, 2016. "Social Determinants Of Voluntary Carbon Information Disclosure In The Real Estate Sector Of Malaysia," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    4. Roziana Shaari & Siti Aisyah Panatik & A. Rajab & Zainab Khalifah, 2016. "Engaging University’S Roles In Social Inclusion," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    5. Muhamad Roslan Muhamad Yusoff & Ahmad Rahman Songip & Mas Bambang Baroto & Aini Suzana Ariffin, 2016. "Catalysing Growth Through Board Members Engagement In Strategy Execution," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    6. repec:eee:touman:v:48:y:2015:i:c:p:139-153 is not listed on IDEAS
    7. Kamarudeen Babatunde Bello & Ahmad Jusoh & Khalil Md Nor, 2016. "Perspectives On Consumers’ Response To Corporate Social Responsibility," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    8. Ismail Bin Lebai Othman & Sulaman Hafeez Siddiqui & Her Taufik, 2016. "Resistance Factors To Community Participation In Sustainable Tourism Development In Northern Sumatra Indonesia," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.

    More about this item

    Keywords

    strategy formulation; strategy implementation; corporate governance; board of directors.;

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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