Beyond the Black Box of Demography: board processes and task effectiveness within Italian firms

Fabio Zona and Alessandro Zattoni

Corporate Governance: An International Review, 2007, vol. 15, issue 5, 852-864

Abstract: In this paper we analyse boards of directors as workgroups, i.e. groups of people that perform one or more tasks within an organisational context. Building on previous studies, we developed a model that relates group's social‐psychological processes to three different board tasks: service, monitoring and networking. We tested our model through a survey on 301 large manufacturing firms in Italy. Our findings support the idea that (a) process variables and, to a limited extent, demographic variables significantly influence board task performance; (b) board processes have a different impact on each specific board task; (c) board task performance varies depending upon firm and industry characteristics.

Date: 2007
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