Abstract
Despite extensive scholarship on the subject of board control, the scandals of recent years suggest the need to revisit our assumptions - and our theories - regarding alternative board control mechanisms. This study uses an exploratory factor analysis comparing firms that successfully or unsuccessfully avoided governance failure and the onset of crisis to assess the consistency of board structures. Results indicate that there is some consistency among the successful firms, but that in genera/no common structural form can be linked to either success or failure. Thus, general rules cannot be relied upon, and a context specific approach to governance should be developed.
Volume
2
Issue
2
First Page
279
Last Page
288
Rights
© Fort Hays State University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Donoher, William
(2006)
"Board Composition and Control: An Exploratory Analysis of organizational Crisis and Prevention,"
Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012): Vol. 2:
No.
2, Article 7.
DOI: 10.58809/HIYD1120
Available at:
https://scholars.fhsu.edu/jbl/vol2/iss2/7
Comments
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