This book presents boards of directors from a strategic and entrepreneurial management perspective. Boards of directors are receiving increased interest in the business world as well as among academic audiences however, few contributions integrate corporate governance and organizational behavior. In this book a research stream about value-creating boards is introduced. Boards of directors have during the recent decades mostly been studied within a framework of corporate governance where the interests of external investors are emphasized.This book aims to go further and explore actual board behavior. The framework and the contributions in the book include concepts such as: board leadership and structure, boardroom decision-making, board task performance, corporate entrepreneurship and innovation boards in small and medium-sized firms, board diversity and women directors. The book also presents the results of a research agenda about value-creating boards which was conducted throughout various European countries.
Pt. 1 Introduction: The value creating board and behavioural perspectives
1 The value creating board and behavioural perspectives by Morten Huse
2 Context, behaviour and evolution: Challenges in research on boards and governance by Jonas Gabrielsson and Morten Huse
3 Accountability and creating accountability: A framework for exploring behavioural perspectives of corporate governance by Morten Huse
Pt. 2 Exploring issues and theories: The classics - developing a field
4 Building blocks in understanding behavioural perspectives on boards: Developing a research stream by Morten Huse
5 The president and the board of directors: Generally accepted roles of corporate boards have little relationship to what they in fact do and do not do in actual practice by Miles L. Mace
6 The separation of ownership and control by Eugene F. Fama and Michael C. Jensen
7 Boards of directors and corporate financial performance: A review and integrative model by Shaker A. Zahra and John A. Pearce II
8 On studying managerial elites by Andrew M. Pettigrew
9 Cognition and corporate governance: Understanding boards of directors as strategic decision making groups by Daniel P. Forbes and Frances J. Milliken
Pt. 3 Exploring methods and concepts
10 Exploring methods and concepts in studies of boards processes by Morten Huse
11 Relational norms as a supplement to neo-classical understanding of directorates: An empirical sltudy of boards of directors by Morten Huse
12 Stakeholder management and the avoidance of corporate control by Morten Huse and Dorthe Eide
13 Researching the dynamics of board-stakeholder relations by Morten Huse
14 Stakeholders' expectations of board roles: The case of subsidiary boards by Morten Huse and Violina P. Rindova
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