What Aspects of a Board’s Work are Really Important?
2012 (English)In: Journal of Business and Financial Affairs, ISSN 2167-0234, Vol. 1, no 2, 1-3 p.Article in journal, Editorial material (Refereed) Published
In this editorial article, I will discuss what chairmen and CEOs perceive to be the most and least important aspects of their board’s work for a high-quality outcome. I focus on the chairman and CEO because they are the two most important persons affected by their board’s work, but they have different roles and perspectives. The chairman leads the board, while the CEO leads the company’s daily operations.
How should we attempt to answer the following question: which aspects of the board’s work are more important and which are less important? The most direct method is to ask chairmen and CEOs. Therefore, I will base my discussion on data from a questionnaire sent to Nordic listed companies that asked chairmen and CEOs how they perceive different aspects of the work on the board they serve. The respondents responded on a 1-5 Likert-scale. An optimal model is estimated for each working aspect, starting with an overall satisfaction question.
Place, publisher, year, edition, pages
2012. Vol. 1, no 2, 1-3 p.
board of directors, board work, chairperson, CEO
Research subject Business Administration
IdentifiersURN: urn:nbn:se:su:diva-80963OAI: oai:DiVA.org:su-80963DiVA: diva2:558581