Evaluating Boards of Directors: what constitutes a good corporate board?

L. A. A. Van den Berghe · Abigail Levrau

354 citations0/0 files storedCorporate Governance An International Review

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Finance and Governance Corporate Governance and Law Gender Diversity and Inequality

Abstract

This paper is an attempt to identify what constitutes a good board of directors, and this is based on a comparison between academic literature, corporate governance rating systems and our field research into board practices. We observed that “traditional” academic research focused on a limited number of quantifiable board characteristics, while practitioners attach greater importance to “soft” elements, which are nearly absent in the literature and in the governance ratings. These findings highlight the need for a better understanding of all elements that determine board effectiveness. Furthermore, our results identify three areas of improvement for boards of directors.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 354 citations exist upstream.

References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1996Higher market valuation of companies with a small board of directors 1983Agency Problems and Residual Claims 1996Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders 2001Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature 1998Meta-analytic reviews of board composition, leadership structure, and financial performance 1998Larger board size and decreasing firm value in small firms 1975Management. Tasks, Responsibilities, Practices.

Cited by

2015Navigating Institutional Plurality: Organizational Governance in Hybrid Organizations 2014Board Effectiveness and the Voluntary Disclosure of Climate Change Information 2009Corporate Reputation and Women on the Board 2022Governing Corporate Social Responsibility Decoupling: The Effect of the Governance Committee on Corporate Social Responsibility Decoupling 2008Who Monitors the Monitor? The Effect of Board Independence on Executive Compensation and Firm Value

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.