1990
DOI: 10.1002/smj.4250110602
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Corporate linkages and organizational environment: A test of the resource dependence model

Abstract: Two competing models of corporate boards are presented. Management control proposesthat the board is a rubber stamp for management, and plays a minor role in strategic management, while resource dependence asserts that the board is a tool used to manage environmental uncertainty. A structural model was developed to determine whether corporate boards respond to different types of environmental uncertainty, using data on 147 companies from nine industry groups. It was found that boards tended to be smaller in a … Show more

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Cited by 675 publications
(557 citation statements)
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References 28 publications
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“…2005 andAlexander 2006).The increasing recognition that interlocking directorates can aid the transfer of tacit knowledge is based on the idea that directors can provide collective tacit knowledge which is critical to firm performance (Boyd 1990). In addition, notions of network embeddedness are discussed by Granovetter (1985: 484) who highlights the ways in which the economic behaviour of actors (directors) are affected by their relations with other actors.…”
mentioning
confidence: 99%
“…2005 andAlexander 2006).The increasing recognition that interlocking directorates can aid the transfer of tacit knowledge is based on the idea that directors can provide collective tacit knowledge which is critical to firm performance (Boyd 1990). In addition, notions of network embeddedness are discussed by Granovetter (1985: 484) who highlights the ways in which the economic behaviour of actors (directors) are affected by their relations with other actors.…”
mentioning
confidence: 99%
“…Em face dessa discussão, vários estudos (Boyd, 1990;Pearce & Zahra, 1992;Daily & Dalton, 1994;Gales & Kensen, 1994Hillman & Dalziel, 2003 têm utilizado a Teoria da administração como fonte de recursos essenciais para a organização.…”
Section: Conselho De Administração E Teoria Da Dependência De Recursosunclassified
“…Board members' network embeddedness can have different effects on this assessment. Network embeddedness refers to the extent to which board members are connected to their peers via multiple directorships, thereby connecting the focal company to others (Geletkanycz and Boyd 2011;Boyd 1990). It affects board members' cognition of the corporate context and corporate relations (Shropshire 2010).…”
Section: Network Embeddedness Effects On Discriminationmentioning
confidence: 99%