The board's functional emphasis: a contingency approach

Sven-Olof Collin

    Forskningsoutput: TidskriftsbidragArtikelPeer review

    Sammanfattning

    We present a contingency approach to the board’s functional emphasis, considering a fourth function in addition to monitoring, decision making, and service or resource provision. The additional function is conflict resolution (or principal identification). The approach contrasts with mainstream research by assuming that the firm is a nexus of investments, avoiding the empirical assumption that the shareholder is the sole principal. We derive propositions that are not restricted to any empirical category of a corporation, and address praxis implications for managing functional disharmony.

    OriginalspråkEngelska
    Sidor (från-till)73-88
    Antal sidor15
    TidskriftCorporate Ownership & Control
    Volym6
    Utgåva2
    StatusPublicerad - 2008

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