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Factors Determining the Roles Board Members Play in Firms

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  • Chitra Singla

Abstract

This paper studies how the directors play an important role in influencing board’s action and its effectiveness. This paper attempts to contribute to the existing literature. In this paper, propositions on factors that determine the roles directors play in firms are presented. It focuses on three major roles that are played by directors: advisor, resource provider, and monitor. [W.P. No. 2016-03-56]

Suggested Citation

  • Chitra Singla, 2016. "Factors Determining the Roles Board Members Play in Firms," Working Papers id:10986, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:10986
    Note: Institutional Papers
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    References listed on IDEAS

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    2. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    3. Garen Markarian & Antonio Parbonetti, 2007. "Firm Complexity and Board of Director Composition," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1224-1243, November.
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    6. Katalin Takacs Haynes & Amy Hillman, 2010. "The effect of board capital and CEO power on strategic change," Strategic Management Journal, Wiley Blackwell, vol. 31(11), pages 1145-1163, November.
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