IDEAS home Printed from https://ideas.repec.org/p/hhb/lufewp/2003_009.html
   My bibliography  Save this paper

The impact of changes in the corporate governance system on the boards of directors experiences from Swedish listed companies

Author

Listed:
  • Jonnergård, Karin

    (School of Management and Economics)

  • Kärreman, Matts

    (Department of Business Administration, School of Economics and Management, Lund University)

Abstract

In this paper a framework for investigating and understanding how boards of directors respond to changes in the national pattern of corporate governance based on institutional theory is developed. The framework is applied on boards of Swedish publicly listed companies in 1994 and 1999. We observe changes between 1994 and 1999 in the range of activities carried out by the boards as well as in the degree of involvement in the decision making processes. The results indicate significant changes in both the decision criteria applied by the boards and the boards’ activities. At the same time we find no significant changes concerning directors’ attitudes towards the role of the stock market or other governance mechanisms between 1994 and 1999. Our interpretation is that the there is a tendency of actors to change their behavior in accordance with anticipations about change, while changes in value systems are more inert.

Suggested Citation

  • Jonnergård, Karin & Kärreman, Matts, 2004. "The impact of changes in the corporate governance system on the boards of directors experiences from Swedish listed companies," Working Paper Series 2003/9, Lund University, Institute of Economic Research.
  • Handle: RePEc:hhb:lufewp:2003_009
    Note: Further author: Claes Svensson, School of Economics and Management Lund university Box 7080, SE–220 07 LUND, Sweden e-mail: claes.svensson@fek.lu.se
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

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


    Cited by:

    1. Karin Jonnergård & Anna Stafsudd, 2011. "The making of active boards in Swedish public companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(1), pages 123-155, February.

    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:hhb:lufewp:2003_009. 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: Elsbeth Andersson (email available below). General contact details of provider: https://edirc.repec.org/data/ielunse.html .

    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.