Who's the Boss at the Top? A Micro-Level Analysis of Director Expertise, Status and Conformity Within Boards

Autor: Hans van Ees, Eric Molleman, Dennis Veltrop, Reggy Hooghiemstra
Přispěvatelé: Research programme OB, Research programme I&O, Research programme GEM
Jazyk: angličtina
Rok vydání: 2017
Předmět:
Zdroj: Journal of Management Studies, 54(7), 1079-1110. Wiley-Blackwell
ISSN: 0022-2380
DOI: 10.1111/joms.12276
Popis: In this paper we address how director expertise impacts a director's social status and conformity within the board. Our results, derived from two unique multi-source datasets of peer ratings on director status and conformity of non-executive directors from Dutch organizations, indicate that industry-specific expertise and financial expertise differently impact directors' social status and influence within the board. We find that directors' individual performance orientation - the motivation to demonstrate expertise - acts as an important contingency for expertise to increase directors' status within the board. Additional analyses using archival data and interviews with non-executive directors substantiate our findings and provide additional insight into the dynamics operating within boards. This study extends existing research on boards of directors and provides unique micro-level insights into the boardroom dynamics that connect director expertise to director status and conformity within boards.
Databáze: OpenAIRE