IDEAS home Printed from https://ideas.repec.org/a/taf/mimoxx/v38y2008i3p71-97.html
   My bibliography  Save this article

Trust, Firm Life Cycle, and Actual Board Behavior: Evidence from "One of the Lads" in the Board of Three Small Firms

Author

Listed:
  • Morten Huse
  • Alessandro Zattoni

Abstract

Processes outside and inside the boardroom and actual board behavior in small firms are investigated in this empirical study where one of the authors was a participant observer. A firm's life-cycle approach was used. The study shows that actual board behavior changes along the life-cycle phases: in the start-up phase, board involvement is in legitimacy tasks; in the growth phase, board's involvement is in advisory tasks; and in the firm crisis stage, the board's involvement is in control tasks. We argue, based on the observations, that boards are empowered to these tasks based on different types of trust relationships between internal actors, external actors, and the board members.

Suggested Citation

  • Morten Huse & Alessandro Zattoni, 2008. "Trust, Firm Life Cycle, and Actual Board Behavior: Evidence from "One of the Lads" in the Board of Three Small Firms," International Studies of Management & Organization, Taylor & Francis Journals, vol. 38(3), pages 71-97, January.
  • Handle: RePEc:taf:mimoxx:v:38:y:2008:i:3:p:71-97
    DOI: 10.2753/IMO0020-8825380303
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2753/IMO0020-8825380303
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.2753/IMO0020-8825380303?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lohe, Fynn-Willem & Calabrò, Andrea, 2017. "Please do not disturb! Differentiating board tasks in family and non-family firms during financial distress," Scandinavian Journal of Management, Elsevier, vol. 33(1), pages 36-49.
    2. Brennan, Niamh M., 2021. "Connecting earnings management to the real World:What happens in the black box of the boardroom?," The British Accounting Review, Elsevier, vol. 53(6).
    3. Ekaterina Bjørnåli & Sarosh Asad & Siri Terjesen, 2024. "Determinants of intra-board behavioral integration in high-tech start-ups," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(1), pages 215-236, March.
    4. Hanna Maria Sievinen & Tuuli Ikäheimonen & Timo Pihkala, 2022. "The role of dyadic interactions between CEOs, chairs and owners in family firm governance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(1), pages 223-253, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:mimoxx:v:38:y:2008:i:3:p:71-97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/mimo .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.