The link between board composition and board objectives: an empirical analysis on Flemish non-profit schools

Cind Du Bois, Ralf Caers, Marc Jegers, Rein De Cooman, Sara De Gieter and Roland Pepermans
Additional contact information
Cind Du Bois: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium
Ralf Caers: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium
Marc Jegers: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium
Rein De Cooman: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium
Sara De Gieter: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium
Roland Pepermans: Vrije Universiteit Brussel, Brussels, Belgium, Postal: Vrije Universiteit Brussel, Brussels, Belgium

Managerial and Decision Economics, 2009, vol. 30, issue 3, pages 173-182

Abstract: Flemish non-profit schools have no legally imposed composition rules with respect to their board of directors. Hence, large variation exists in their size and composition. We argue that these differences in board composition can result in different policies followed by the board. To empirically test this hypothesis we question the board's chairpersons of Flemish non-profit schools about the objectives set forward by the board. Ordered probit regressions on the importance attached to different educational objectives provide support for our hypothesis and thus alert policy makers to account for the linkages between objectives and board characteristics when formulating legislation with respect to school board composition. Copyright © 2008 John Wiley & Sons, Ltd.

Date: 2009
View list of references

Downloads: (external link)
http://hdl.handle.net/10.1002/mde.1443 Link to full text; subscription required (text/html)

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: http://EconPapers.repec.org/RePEc:wly:mgtdec:v:30:y:2009:i:3:p:173-182

Access Statistics for this article

Managerial and Decision Economics is edited by Paul H. Rubin

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Series data maintained by Christopher F. Baum ().