University board composition and institutional outcomes

Katherine Coffey and James Monks

Managerial and Decision Economics, 2023, vol. 44, issue 7, 4068-4081

Abstract: Numerous studies examine corporate boards of directors' composition and firm performance. Far less is known about the factors influencing university boards' composition and university outcomes. This paper fills this void by examining the relationship between university board selection processes and constituent representation, board composition in terms of size and demographic composition, and the influence of board composition on institutional outcomes. We find that institutional sector, Carnegie classification, and wealth predict board size, and that institutions with larger boards tend to have more favorable institutional outcomes. Board gender and racial composition is less correlated with outcomes than is board size.

Date: 2023
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https://doi.org/10.1002/mde.3940

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:44:y:2023:i:7:p:4068-4081

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