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Board of Directors’ Involvement in Strategic Decision Making Process: Definition and Literature Review

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  • Houda Ghaya

Abstract

Over the past few years, research in corporate governance has devoted increased attention to board of directors’ involvement in the strategic decision making process. But in spite of its growing interest, the literature provides theoretical pluralism and mixed empirical results. Indeed, the concept has not been well defined by past studies and there is no consensus about its operationalization. In this paper, we review the literature on board’s involvement in the strategic decision making process and question the definitions of this phenomenon and if an operational measure can be proposed for future research.

Suggested Citation

  • Houda Ghaya, 2011. "Board of Directors’ Involvement in Strategic Decision Making Process: Definition and Literature Review," Working Papers of BETA 2011-22, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  • Handle: RePEc:ulp:sbbeta:2011-22
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    File URL: http://beta.u-strasbg.fr/WP/2011/2011-22.pdf
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    References listed on IDEAS

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    1. Pierre Dehez & Daniela Tellone, 2013. "Data Games: Sharing Public Goods with Exclusion," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 15(4), pages 654-673, August.
    2. Julien Jacob, 2011. "Ambiguity and Optimal Technological Choice: Does the Liability Regime Matter?," Working Papers of BETA 2011-06, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. LATZER, Hélène & MAYNERIS, Florian, 2012. "Income distribution and vertical comparative advantage. Theory and evidence," LIDAM Discussion Papers CORE 2012034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Pierre Dehez, 2011. "Allocation Of Fixed Costs: Characterization Of The (Dual) Weighted Shapley Value," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 141-157.
    5. Hélène Latzer & Florian Mayneris, 2011. "Trade in quality and income distribution: an analysis of the enlarged EU market," Working Papers of BETA 2011-21, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    6. Xi Chen, 2011. "Increasing Returns to Scale in U.S. manufacturing industries: evidence from direct and reverse regression," Working Papers of BETA 2011-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
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    Cited by:

    1. BORDEAN Ovidiu-Niculae & CRIȘAN Emil Lucian & POP Zenovia Cristiana, 2012. "A Multi-Theory Approach Of The Strategic Role Of Boards," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 7(2), pages 43-51, August.

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    Keywords

    Board of Directors; Strategic Decision Making Process; Board involvement; Corporate Governance.;
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