United or Divided? Antecedents of Board Cohesiveness in International Joint Ventures.

Autor: Olie, Rene, Klijn, Elko, Leenders, Hugo
Zdroj: Academy of Management Annual Meeting Proceedings; 2020, Vol. 2020 Issue 1, p1-1, 1p
Abstrakt: We combine board process research with the literature on international joint ventures (IJVs) by investigating the antecedents of cohesiveness of IJV boards of directors. Even though that corporate governance scholars have frequently emphasized the crucial role of cohesiveness for board effectiveness, cohesiveness has received limited research attention. We investigate the determinants of board cohesiveness by specifically focusing on an understudied organizational form, namely the IJV. IJVs are formed by two or more independent parent organizations originating from geographically dispersed home countries with disparate cultural backgrounds. We argue that the inherent features related to the international and partner-specific context of these governance arrangements affect board cohesiveness. Our study contributes to the corporate governance board process literature as well as the IJV literature by being the first to directly investigate cohesiveness in boards, and to serve as the initial study on board processes within IJVs. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index