BOARD MEMBERS’ CONTRIBUTION TO STRATEGY: THE MEDIATING ROLE OF BOARD INTERNAL PROCESSES
Carmen Barroso-Castro (),
Mª Mar Villegas-Periñan () and
Marta Dominguez ()
Additional contact information
Carmen Barroso-Castro: Universidad de Sevilla (Spain)
Mª Mar Villegas-Periñan: Universidad de Sevilla (Spain)
Marta Dominguez: Universidad de Sevilla (Spain)
European Research on Management and Business Economics (ERMBE), 2017, vol. 23, issue 2, 82-89
Abstract:
This study aims to explore what directors do on the board, to what extent the processes occurring in the board allow the sharing and integrating of the existing knowledge, thus facilitating the board members’ contributions to strategy. We adopt the view that the internal board processes increase the impact of the cognitive resources on board performance. Using survey data from 200 large Spanish companies we demonstrate that directors’ level of knowledge of the firm and board job-related diversity positively influence the degree of the board’s strategic involvement. Additionally, the internal processes that take place within the board – particularly Cognitive Conflict, the Critical and Independent Approach and the Comprehensive Discussion Process – influence the board’s strategic involvement and play a partial mediating role on the aforementioned relationships. However, our results show no evidence for a positive relationship between Board Meeting Dynamics and the board’s strategic involvement. / 0
Keywords: Corporate governance; Internal board processes; Board strategic involvement; Board diversity; Board knowledge of the firm; Mediation analysis (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.elsevier.es/en-revista-european-researc ... he-S2444883417300062 complete text (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:idi:jermbe:v:23:y:2017:i:2:p:82-89
Access Statistics for this article
European Research on Management and Business Economics (ERMBE) is currently edited by Tony Crespo Franco
More articles in European Research on Management and Business Economics (ERMBE) from Academia Europea de Dirección y Economía de la Empresa (AEDEM) European Research on Management and Business Economics, Facultad de Ciencias Económicas y Empresariales, Universidad de Vigo, Lagoas - Marcosende s/n, E-36310, Vigo, Pontevedra, España. Contact information at EDIRC.
Bibliographic data for series maintained by Tony Crespo Franco ( this e-mail address is bad, please contact ).