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Winning virtuous strategy creation by interlocking interconnecting directors in boards of directors in firms in information century

Author

Listed:
  • Ledenyov, Dimitri O.
  • Ledenyov, Viktor O.

Abstract

The article presents an original research on 1) the information theory of the board of directors and 2) the strategy creation by the interlocking interconnecting directors in the boards of directors in the firms in an information century. We review the possible structures of the board of directors, and show that there are the interlocking directors networks in the boards of directors in a big number of firms. Researching the strategic governance of firms, we highlight a fact that the director makes the information sensing, filtering, processing, resonant absorption, analysis, decision making, hence it can be empirically represented as a digital signal processor with the Harvard or von Neumann director’s mindset architectures. We think that the board of directors can be theoretically represented as the electronically-scanned electronically-steered phased array radar with a certain number of active antenna elements, filters banks, digital signal processors, memory chipsets in agreement with the digital signal processing and business administration sciences. Using the theoretical assumptions, we formulate the Ledenyov theory on the winning virtuous strategies creation by the interlocking interconnecting directors in the boards of directors in the firms. We suggest that 1) the transmitted information data-stream measurements, 2) the information bit error rate measurements have to be used to accurately characterize the interlocking interlinking interconnecting directors networks in addition to the well known parameters such as the director’s boards seats accumulation number, centrality, Freeman degree, Betweenness. We believe that the positive and negative feedback loops can quite possibly lead to the destructive coordination among the directors by eliminating the randomness element and by introducing the greater uniformity in the pursuing business strategies. We developed the MicroID software program to compute the probability number of the additional directorship mandates issues.

Suggested Citation

  • Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "Winning virtuous strategy creation by interlocking interconnecting directors in boards of directors in firms in information century," MPRA Paper 61563, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:61563
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    File URL: https://mpra.ub.uni-muenchen.de/61681/9/MPRA_paper_61681.pdf
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    Citations

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    Cited by:

    1. Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2015. "Wave function method to forecast foreign currencies exchange rates at ultra high frequency electronic trading in foreign currencies exchange markets," MPRA Paper 67470, University Library of Munich, Germany.

    More about this item

    Keywords

    theory of firm; firm valuation; firm strategy creation; board of directors composition; interlocking directors networks; boards seats accumulation number; centrality; Freeman degree; Betweenness; information flows measurements; destructive coordination; microeconomics; Harvard/von Neumann director’s mindset architectures; digital signal processing; electromagnetic signals absorption; chemical elements absorption; information absorption;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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