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- Title
Size and Composition of Corporate Boards of Directors: The Organization and its Environment.
- Authors
Pfeffer, Jeffrey
- Abstract
The board of directors is considered as an instrument for dealing with the organization's environment. In a random sample of eighty nonfinancial corporations, elements of board size and composition are shown to be systematically related to factors measuring the organization's requirements for coopting sectors of the environment. Organizations that deviate more from an empirically estimated optimal board structure equation are likely to perform more poorly, compared to industry standards.
- Subjects
BOARDS of directors; CORPORATE directors; MANAGEMENT literature; WORK environment; SUCCESS; ORGANIZATIONAL structure; COMMUNICATION; DECISION making; CORPORATE culture; ORGANIZATIONAL goals; CORPORATE governance; INTERORGANIZATIONAL relations
- Publication
Administrative Science Quarterly, 1972, Vol 17, Issue 2, p218
- ISSN
0001-8392
- Publication type
Article
- DOI
10.2307/2393956