| Sign In to gain access to subscriptions and/or personal tools. |
The Impact of Board Composition on Firms Critical Decisions: A Meta-Analytic ReviewSchulich School of Business, York University, 4700 Keele Street, Toronto, ON, M3J 1P3 Canada, ydeutsch{at}schulich.yorku.ca To date, the results of agency theory-based research exploring the impact of board composition on firms critical decisions are equivocal. Through meta-analyses, this study reveals systematic relationships between board composition and six of the seven critical decisions examined. Interestingly, the results provide little support to agency theorys predictions on the impact of board composition on critical decisions that involve a potential conflict of interest between managers and shareholders. Implications for theory and practice are discussed.
Key Words: meta-analyses board composition agency theory firms critical decisions
Journal of Management, Vol. 31, No. 3,
424-444 (2005) This article has been cited by other articles:
|
|||||||||||||||||||||||||||
