Does Board Structure Matter for Innovation?

Meriam Attia, Ouidad Yousfi () and Abdelwahed Omri
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Meriam Attia: ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis, UM - Université de Montpellier
Ouidad Yousfi: UM - Université de Montpellier, MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier
Abdelwahed Omri: ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis

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Abstract: This chapter shows how boards' characteristics could influence two aspects of innovation: (1) innovation effort (such as R&D expenditures and R&D team composition) and (2) innovation performance, specifically product, process, organizational and marketing innovations. First, we focus on individual characteristics of board members and their influence on innovation effort and performance. Then, we examine how the internal organization of boards, specifically the committees' roles and their composition and to what extent they could be meaningful to innovation processes. Specially, we discuss the influence of the committee size, the frequency of meetings, and the presence of independent and female members. Finally, the chapter sheds light on the effectiveness of initiatives and programs introduced to increase diversity such as gender quota laws, and the presence of minorities in top management positions.

Keywords: Innovation; Corporate Governance; Board Structure; Board demographic attributes; Committees (search for similar items in EconPapers)
Date: 2021-04-01
New Economics Papers: this item is included in nep-cse, nep-hrm, nep-ino and nep-sbm
Note: View the original document on HAL open archive server: https://hal.science/hal-03144970v1
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Published in World Scientific Publishing Company. Financial and Economic Systems: Transformations & New Challenges, 2021

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03144970

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