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Are Boards Designed to Fail? The Implausibility of Effective Board Monitoring
16 references·16 citing·39 second hopsampled
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(1968)Organizations in Action: Soci…The Nature of the Firm (1937)The Nature of the FirmThe state of the art of strategic leadership (2023)The state of the art of strat…How Do Employees React When Their CEO Speaks Out? Intra- and Extra-Firm Implications of CEO Sociopolitical Activism (2022)How Do Employees React When T…Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda (2022)Board of directors’ attribute…Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct (2021)Fiduciary duty or loyalty? Ev…Corporate directors' implicit theories of the roles and duties of boards (2021)Corporate directors' implicit…Strategic leadership and technological innovation: A comprehensive review and research agenda (2020)Strategic leadership and tech…Corporate Governance Meets Corporate Social Responsibility: Mapping the Interface (2020)Corporate Governance Meets Co…A motivation and ability perspective on engagement in emerging digital technologies: The case of Internet of Things solutions (2020)A motivation and ability pers…When Boards Matter: The Case of Corporate Social Irresponsibility (2019)When Boards Matter: The Case …International Corporate Governance: A Review and Opportunities for Future Research (2019)International Corporate Gover…Board Committees in Corporate Governance: A Cross‐Disciplinary Review and Agenda for the Future (2019)Board Committees in Corporate…Integrating Diversity at Different Levels: Multilevel Human Capital, Social Capital, and Demographic Diversity and Their Implications for Team Effectiveness (2018)Integrating Diversity at Diff…Entrepreneurial orientation and innovation in family SMEs: Unveiling the (actual) impact of the Board of Directors (2018)Entrepreneurial orientation a…CEO Wrongdoing: A Review of Pressure, Opportunity, and Rationalization (2018)CEO Wrongdoing: A Review of P…Board Independence and Corporate Misconduct: A Cross-National Meta-Analysis (2018)Board Independence and Corpor…Unpacking the CEO–Board Relationship: How Strategy Making Happens in Entrepreneurial Firms (2016)Unpacking the CEO–Board Relat…Determinants of corporate borrowing (1977)Management ownership and market valuation (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)STRATEGY IN EMERGING ECONOMIES. (2000)Modes of Network Governance: Structure, Management, and Effectiveness (2007)Opinion Paper: “So what if ChatGPT wrote it?” Multidisciplinary perspectives on opportunities, challenges and implications of generative conversational AI for research, practice and policy (2023)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)The Framing of Decisions and the Psychology of Choice (1981)An Evolutionary Theory of Economic Change. (1983)Toward a knowledge‐based theory of the firm (1996)Review : Knowledge Management and Knowledge Management Systems: Conceptual Foundations And Research Issues1,2 (2001)Absorptive Capacity: A Review, Reconceptualization, and Extension (2002)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Strategic assets and organizational rent (1993)Men and Women of the Corporation. (1978)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Gender Differences in Preferences (2009)The Gender and Ethnic Diversity of US Boards and Board Committees and Firm Financial Performance (2010)Does board gender diversity improve the informativeness of stock prices? (2011)Women on Boards and Firm Financial Performance: A Meta-Analysis (2014)Subjective probability: A judgment of representativeness (1972)Availability: A heuristic for judging frequency and probability (1973)On the psychology of prediction. (1973)Development of NASA-TLX (Task Load Index): Results of Empirical and Theoretical Research (1988)Epistemic Injustice (2007)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)Some Social Requisites of Democracy: Economic Development and Political Legitimacy (1959)Role congruity theory of prejudice toward female leaders. (2002)Social Influence: Compliance and Conformity (2004)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1974Judgment under Uncertainty: Heuristics and Biases28,742 cited
  • 1937The Nature of the Firm23,826 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1989Agency Theory: An Assessment and Review13,327 cited
  • 1991Organizational Learning: The Contributing Processes and the Literatures8,066 cited
  • 1996Higher market valuation of companies with a small board of directors6,614 cited
  • 2009Women in the boardroom and their impact on governance and performance☆5,744 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 2004Handbook of social psychology4,689 cited
  • 2002Audit committee, board of director characteristics, and earnings management4,633 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 1968Organizations in Action: Social Science Bases of Administrative Theory.4,133 cited
  • 1995A Multimethod Examination of the Benefits and Detriments of Intragroup Conflict4,046 cited
  • 2003Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives

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3,311 cited
  • 2007Boards: Does one size fit all☆3,088 cited
  • Cited by

    • 2020Corporate Governance Meets Corporate Social Responsibility: Mapping the Interface416 cited
    • 2018Entrepreneurial orientation and innovation in family SMEs: Unveiling the (actual) impact of the Board of Directors295 cited
    • 2019When Boards Matter: The Case of Corporate Social Irresponsibility269 cited
    • 2018CEO Wrongdoing: A Review of Pressure, Opportunity, and Rationalization266 cited
    • 2016Unpacking the CEO–Board Relationship: How Strategy Making Happens in Entrepreneurial Firms239 cited
    • 2018Board Independence and Corporate Misconduct: A Cross-National Meta-Analysis230 cited
    • 2021Corporate directors' implicit theories of the roles and duties of boards205 cited
    • 2019International Corporate Governance: A Review and Opportunities for Future Research193 cited
    • 2018Integrating Diversity at Different Levels: Multilevel Human Capital, Social Capital, and Demographic Diversity and Their Implications for Team Effectiveness192 cited
    • 2021Fiduciary duty or loyalty? Evidence from co-opted boards and corporate misconduct179 cited
    • 2019Board Committees in Corporate Governance: A Cross‐Disciplinary Review and Agenda for the Future163 cited
    • 2022Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda153 cited
    • 2023The state of the art of strategic leadership150 cited
    • 2020Strategic leadership and technological innovation: A comprehensive review and research agenda146 cited
    • 2022How Do Employees React When Their CEO Speaks Out? Intra- and Extra-Firm Implications of CEO Sociopolitical Activism133 cited
    • 2020A motivation and ability perspective on engagement in emerging digital technologies: The case of Internet of Things solutions132 cited