An Empirical Examination of The Relationship Between CEOs and Directors

Catherine M. Daily

24 citations0/0 files storedJournal of Business Strategies

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Corporate Finance and Governance Gender Diversity and Inequality Organizational Management and Leadership

Abstract

This study examines the relationship between CEO characteristics and board composition. as well as the relationship between board composition and board roles. Canonical correlation analysis demonstrates strong support for the relationship between CEO characteristics and board composition. No support was found, however, for the relationship between board composition and board roles. While CEOs are associated with the composition of the board, this relationship does not appear to be associated with the board's ability to discharge their service, resource, and control roles.

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References

2011External Control of Organizations: Resource Dependence Perspective 1984Upper Echelons: The Organization as a Reflection of Its Top Managers 1979The External Control of Organizations: A Resource Dependence Perspective 1984Upper Echelons: The Organization as a Reflection of Its Top Managers 1964A Behavioral Theory of the Firm 1963A Behavioral Theory of the Firm 1992TOP MANAGEMENT TEAM DEMOGRAPHY AND CORPORATE STRATEGIC CHANGE.1989Boards of Directors and Corporate Financial Performance: A Review and Integrative Model

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