Popis: |
This article aims to provide an overview of the current state of research on the board of directors from the perspective of institutional theory, and to propose guidelines for future investigations. Institutional theory has emerged as an important framework for understanding board task performance, particularly in relation to board's role in achieving organizational legitimacy within their environment. Through a comprehensive review of the existing literature, we identify key research themes and gaps in the field, and offer suggestions for future research. These include further investigation into board composition and diversity as well as the processes of boardroom dynamics. At last, we argue that a deeper understanding of the institutional logics that shape boardroom behavior is essential for building governance practices that contribute to organizational success. |