메뉴 건너뛰기




Volumn 13, Issue 5, 2005, Pages 632-653

Do board processes influence director and board performance? Statutory and performance implications

Author keywords

Agenda; Board performance; Companies Act; Compliance; Decisions; Directors; Governance; Risk; Strategy

Indexed keywords


EID: 24944525281     PISSN: 09648410     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-8683.2005.00456.x     Document Type: Conference Paper
Times cited : (87)

References (104)
  • 1
    • 0028369645 scopus 로고
    • Governing board, know thyself: A technique for self-assessment
    • Addleman, R. (1994) Governing Board, Know Thyself: A Technique for Self-assessment, Trustee, 47, 24-25.
    • (1994) Trustee , vol.47 , pp. 24-25
    • Addleman, R.1
  • 2
    • 1842482495 scopus 로고    scopus 로고
    • Codes of good governance worldwide: What is the trigger?
    • Aguilera, R. V. and Cuervo, A. (2004) Codes of Good Governance Worldwide: What is the Trigger?, Organization Studies, 25, 415-443.
    • (2004) Organization Studies , vol.25 , pp. 415-443
    • Aguilera, R.V.1    Cuervo, A.2
  • 4
    • 0347161799 scopus 로고    scopus 로고
    • Corporate governance in the public sector: The case of the NHS
    • K. Keasey, S. Thompson and M. Wright (eds). Oxford: Oxford University Press, Chapter 13
    • Ashburner, L. (1997) Corporate governance in the public sector: the case of the NHS. In K. Keasey, S. Thompson and M. Wright (eds) Corporate Governance: Economic, Management, and Financial Issues. Oxford: Oxford University Press, Chapter 13, 279-298.
    • (1997) Corporate Governance: Economic, Management, and Financial Issues , pp. 279-298
    • Ashburner, L.1
  • 6
    • 84989132601 scopus 로고
    • Cognitive biases and their impact on strategic planning
    • Barnes, J. (1984) Cognitive Biases and their Impact on Strategic Planning, Strategic Management Journal, 5, 129-138.
    • (1984) Strategic Management Journal , vol.5 , pp. 129-138
    • Barnes, J.1
  • 7
    • 24944461005 scopus 로고    scopus 로고
    • Harvard business review on corporate governance
    • Beebe, B. E. (2000) Harvard Business Review on Corporate Governance, Directorship, 26, 15-16.
    • (2000) Directorship , vol.26 , pp. 15-16
    • Beebe, B.E.1
  • 11
    • 24944585442 scopus 로고    scopus 로고
    • Corporate governance: Developments and best practices one year after Sarbanes-Oxley
    • Bostrom, R. E. (2003) Corporate Governance: Developments and Best Practices One Year after Sarbanes-Oxley, International Financial Law Review, 189-204.
    • (2003) International Financial Law Review , pp. 189-204
    • Bostrom, R.E.1
  • 12
    • 0344174098 scopus 로고    scopus 로고
    • Executive reward and corporate governance
    • K. Keasey, S. Thompson and M. Wright (eds). Oxford: Oxford University Press, Chapter 4
    • Bruce, A. and Buck, T. (1997) Executive reward and corporate governance. In K. Keasey, S. Thompson and M. Wright (eds) Corporate Governance: Economic, Management, and Financial Issues. Oxford: Oxford University Press, Chapter 4, pp. 80-102.
    • (1997) Corporate Governance: Economic, Management, and Financial Issues , pp. 80-102
    • Bruce, A.1    Buck, T.2
  • 14
  • 15
    • 0002874580 scopus 로고    scopus 로고
    • What are the trends in corporate governance? How will they impact your company?
    • Cadbury, A. (1999) What are the Trends in Corporate Governance? How Will They Impact Your Company?, Long Range Planning, 32, 12-19.
    • (1999) Long Range Planning , vol.32 , pp. 12-19
    • Cadbury, A.1
  • 17
    • 0035624824 scopus 로고    scopus 로고
    • A standard for regulatory compliance? Industry self-regulation, the courts and AS 3806-1998
    • Carroll, P. and McGregor-Lowndes, M. (2001) A Standard for Regulatory Compliance? Industry Self-regulation, the Courts and AS 3806-1998, Australian Journal of Public Administration, 60, 80-91.
    • (2001) Australian Journal of Public Administration , vol.60 , pp. 80-91
    • Carroll, P.1    McGregor-Lowndes, M.2
  • 21
    • 0003200943 scopus 로고    scopus 로고
    • Institutional arrangements for setting directors' compensation in UK companies
    • K. Keasey, S. Thompson and M. Wright (eds). Oxford: Oxford University Press, Chapter 5
    • Conyon, M. J. (1997) Institutional arrangements for setting directors' compensation in UK companies. In K. Keasey, S. Thompson and M. Wright (eds) Corporate Governance: Economic, Manage ment, and Financial Issues. Oxford: Oxford University Press, Chapter 5, 103-121.
    • (1997) Corporate Governance: Economic, Manage Ment, and Financial Issues , pp. 103-121
    • Conyon, M.J.1
  • 22
    • 24944547358 scopus 로고    scopus 로고
    • Why codes of governance work
    • Coombes, P. and Wong, S. C. (2004) Why Codes of Governance Work, McKinsey Quarterly, 2, 48-53.
    • (2004) McKinsey Quarterly , vol.2 , pp. 48-53
    • Coombes, P.1    Wong, S.C.2
  • 24
    • 0036555052 scopus 로고    scopus 로고
    • Corporate governance mechanisms: A plea for less code of good governance and more market control
    • Cuervo, A. (2002) Corporate Governance Mechanisms: A Plea for Less Code of Good Governance and More Market Control, Corporate Governance: An International Review, 10, 84-93.
    • (2002) Corporate Governance: An International Review , vol.10 , pp. 84-93
    • Cuervo, A.1
  • 26
    • 0002607378 scopus 로고
    • Assessing advantage: A framework for diagnosing competitive superiority
    • Day, G. and Wensley, R. (1988) Assessing Advantage: A Framework for Diagnosing Competitive Superiority, Journal of Marketing, 58, 1-20.
    • (1988) Journal of Marketing , vol.58 , pp. 1-20
    • Day, G.1    Wensley, R.2
  • 27
    • 24944436156 scopus 로고
    • The Dey report
    • The Toronto Stock Exchange Committee on Corporate Governance. Canada: Toronto Stock Exchange
    • Dey, P. (1994) The Dey Report. Where Were the Directors? Guidelines for Improved Corporate Governance. The Toronto Stock Exchange Committee on Corporate Governance. Canada: Toronto Stock Exchange.
    • (1994) Where Were the Directors? Guidelines for Improved Corporate Governance
    • Dey, P.1
  • 28
    • 85172293414 scopus 로고
    • Understanding the role of export marketing assistance: Empirical evidence and research needs
    • Diamantopoulos, A., Schlegelmilch, B. and Tse, K. (1993) Understanding the Role of Export Marketing Assistance: Empirical Evidence and Research Needs, European Journal of Marketing, 27, 5-18.
    • (1993) European Journal of Marketing , vol.27 , pp. 5-18
    • Diamantopoulos, A.1    Schlegelmilch, B.2    Tse, K.3
  • 29
    • 24944534357 scopus 로고    scopus 로고
    • Advisory boards in larger companies
    • Dimma, W. (2000) Advisory Boards in Larger Companies, Ivey Business Journal, 65, 10-13.
    • (2000) Ivey Business Journal , vol.65 , pp. 10-13
    • Dimma, W.1
  • 30
    • 24944556449 scopus 로고    scopus 로고
    • Does the composition and practice of UK boards bear any relationship to the performance of listed companies?
    • Paper presented at, Henley Management College, UK, 6-8 October
    • Dulewicz, V. and Herbert, P. (2003) Does the Composition and Practice of UK Boards Bear Any Relationship to the Performance of Listed Companies? Paper presented at 6th International Conference on Corporate Governance and Board Leadership, Henley Management College, UK, 6-8 October.
    • (2003) 6th International Conference on Corporate Governance and Board Leadership
    • Dulewicz, V.1    Herbert, P.2
  • 32
    • 0000962919 scopus 로고    scopus 로고
    • A stakeholder theory of the modern corporation: Kantian capitalism
    • T. L. Beauchamp and N. E. Bowie (eds). Sydney: Prentice-Hall, Chapter 2
    • Evans, W. and Freeman, E. (1998) A stakeholder theory of the modern corporation: Kantian capitalism. In T. L. Beauchamp and N. E. Bowie (eds) Ethical Theory and Business. Sydney: Prentice-Hall, Chapter 2, 56-65.
    • (1998) Ethical Theory and Business , pp. 56-65
    • Evans, W.1    Freeman, E.2
  • 33
    • 0033247581 scopus 로고    scopus 로고
    • Cognition and corporate governance: Understanding boards of directors as strategic decision-making groups
    • Forbes, D. P. and Milliken, F. J. (1999) Cognition and Corporate Governance: Understanding Boards of Directors as Strategic Decision-making Groups, Academy of Management Review, 24, 489-505.
    • (1999) Academy of Management Review , vol.24 , pp. 489-505
    • Forbes, D.P.1    Milliken, F.J.2
  • 38
  • 39
    • 23444455082 scopus 로고    scopus 로고
    • The road to good corporate governance
    • December
    • Hansell, C. (2003) The Road to Good Corporate Governance, camagazine, December, 30-33.
    • (2003) Camagazine , pp. 30-33
    • Hansell, C.1
  • 41
    • 0041111778 scopus 로고    scopus 로고
    • A director's role in strategy
    • Helmer, H. W. (1996) A Director's Role in Strategy, Directors and Boards, 20, 22-25.
    • (1996) Directors and Boards , vol.20 , pp. 22-25
    • Helmer, H.W.1
  • 42
    • 0012583968 scopus 로고    scopus 로고
    • Boards of directors as an endogenously determined institution: A survey of the economic literature
    • April
    • Hermalin, B. E. and Weisbach, M. S. (2003) Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature, FRBNY Economic Policy Review, April, 7-26.
    • (2003) FRBNY Economic Policy Review , pp. 7-26
    • Hermalin, B.E.1    Weisbach, M.S.2
  • 44
    • 0019528044 scopus 로고
    • Forecasting and planning: An evaluation
    • Hogarth, R. and Makridakis, S. (1981) Forecasting and Planning: An Evaluation, Management Science, 27, 115-138.
    • (1981) Management Science , vol.27 , pp. 115-138
    • Hogarth, R.1    Makridakis, S.2
  • 46
    • 84989068903 scopus 로고
    • Retrospective reports of strategic-level managers: Guidelines for increasing their accuracy
    • Huber, G. P. and Power, D. J. (1985) Retrospective Reports of Strategic-level Managers: Guidelines for Increasing their Accuracy, Strategic Management Journal, 6, 171-180.
    • (1985) Strategic Management Journal , vol.6 , pp. 171-180
    • Huber, G.P.1    Power, D.J.2
  • 47
    • 0040675693 scopus 로고    scopus 로고
    • The strategic board: The changing role of directors in developing and maintaining corporate capability
    • Ingley, C. B. and van der Walt, N. T. (2001) The Strategic Board: the Changing Role of Directors in Developing and Maintaining Corporate Capability, Corporate Governance An International Review, 9, 174-185.
    • (2001) Corporate Governance An International Review , vol.9 , pp. 174-185
    • Ingley, C.B.1    Van Der Walt, N.T.2
  • 49
    • 24944451355 scopus 로고    scopus 로고
    • Risk management and board effectiveness
    • Paper presented at the, EIASM, 4-5 November, Brussels, Belgium
    • Ingley, C. and van der Walt, N. (2004a) Risk Management and Board Effectiveness, Paper presented at the Corporate Governance Workshop, EIASM, 4-5 November, Brussels, Belgium.
    • (2004) Corporate Governance Workshop
    • Ingley, C.1    Van Der Walt, N.2
  • 50
  • 51
    • 84993848601 scopus 로고
    • The modern industrial revolution, exit, and the failure of internal control systems
    • Jensen, M. (1993) The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems, Journal of Finance, 48, 831-880.
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.1
  • 52
    • 24944590957 scopus 로고    scopus 로고
    • Value maximisation, stakeholder theory, and the corporate objective
    • Harvard Business School
    • Jensen, M. (2000) Value Maximisation, Stakeholder Theory, and the Corporate Objective, Harvard Business School, Working Paper 00-058.
    • (2000) Working Paper , Issue.58
    • Jensen, M.1
  • 53
    • 0000131893 scopus 로고
    • An empirical investigation of some antecedents of opportunism in a marketing channel
    • John, G. (1984) An Empirical Investigation of Some Antecedents of Opportunism in a Marketing Channel, Journal of Marketing Research, 21, 278-289.
    • (1984) Journal of Marketing Research , vol.21 , pp. 278-289
    • John, G.1
  • 54
    • 24944505476 scopus 로고    scopus 로고
    • Regulatory reform redux: Corporate governance and the New York stock exchange
    • Spring
    • Kaswell, S. J. and Johnson, M. C. (2004) Regulatory Reform Redux: Corporate Governance and the New York Stock Exchange, The Journal of Investment Compliance, Spring, 62-72.
    • (2004) The Journal of Investment Compliance , pp. 62-72
    • Kaswell, S.J.1    Johnson, M.C.2
  • 55
    • 0011144450 scopus 로고    scopus 로고
    • Assessing boards and individual directors
    • Kazanjian, J. (2000) Assessing Boards and Individual Directors, Ivey Business Journal, 64, 45-50.
    • (2000) Ivey Business Journal , vol.64 , pp. 45-50
    • Kazanjian, J.1
  • 58
    • 0038575178 scopus 로고    scopus 로고
    • Corporate governance and gatekeeper liability: The lessons from public authorities
    • Kirkbride, J. and Letza, S. (2003) Corporate Governance and Gatekeeper Liability: the Lessons from Public Authorities, Corporate Governance: An International Review, 11, 262-271.
    • (2003) Corporate Governance: An International Review , vol.11 , pp. 262-271
    • Kirkbride, J.1    Letza, S.2
  • 59
    • 84896297810 scopus 로고    scopus 로고
    • Exit, voice and loyalty in the course of corporate governance and counsel's changing role
    • Kostant, P. C. (1999) Exit, Voice and Loyalty in the Course of Corporate Governance and Counsel's Changing Role, Journal of Socio-Economies, 28, 203-246.
    • (1999) Journal of Socio-economies , vol.28 , pp. 203-246
    • Kostant, P.C.1
  • 60
    • 0002199982 scopus 로고
    • The effects of strategic planning on common stock returns
    • Kulda, R. (1980) The Effects of Strategic Planning on Common Stock Returns, Academy of Management Journal, 23, 5-20.
    • (1980) Academy of Management Journal , vol.23 , pp. 5-20
    • Kulda, R.1
  • 62
    • 24944438965 scopus 로고    scopus 로고
    • A modest proposal for dealing with the Enron crisis
    • Lipton, M. and Lorsch, J. W. (2002) A Modest Proposal for Dealing with the Enron Crisis, Corporate Governance Advisor, 10, 1-4.
    • (2002) Corporate Governance Advisor , vol.10 , pp. 1-4
    • Lipton, M.1    Lorsch, J.W.2
  • 63
  • 64
    • 24944470611 scopus 로고    scopus 로고
    • The board's role in monitoring performance
    • Entrepreneur
    • Lorsch, J. W. (1996) The Board's Role in Monitoring Performance, Directorship, 22, Summer Supplement, Entrepreneur, 4-5.
    • (1996) Directorship , vol.22 , Issue.SUMMER SUPPL. , pp. 4-5
    • Lorsch, J.W.1
  • 67
    • 24944436155 scopus 로고    scopus 로고
    • July. MinterEllisonRuddWatts: New Zealand
    • MinterEllisonRuddWatts (2002) Corporate Governance White Paper. July. MinterEllisonRuddWatts: New Zealand.
    • (2002) Corporate Governance White Paper
  • 69
    • 0037363908 scopus 로고    scopus 로고
    • Business performance and dimensions of strategic orientation
    • Morgan, R. and Strong, C. A. (2003) Business Performance and Dimensions of Strategic Orientation, Journal of Business Research, 56, 163-176.
    • (2003) Journal of Business Research , vol.56 , pp. 163-176
    • Morgan, R.1    Strong, C.A.2
  • 71
    • 24944592342 scopus 로고    scopus 로고
    • Myners consultation paper
    • May. London: H.M. Treasury
    • Myners Consultation Paper (2000) Myners Review of Institutional Investment. May. London: H.M. Treasury.
    • (2000) Myners Review of Institutional Investment
  • 73
    • 24944458005 scopus 로고    scopus 로고
    • A case based test of agency, stewardship and resource dependence theories of corporate governance
    • Paper presented at the, December, Massey University, Auckland, NZ
    • Nicholson, G. and Kiel, G. C. (2001) A Case Based Test of Agency, Stewardship and Resource Dependence Theories of Corporate Governance. Paper presented at the Australia and New Zealand Academy of Management (ANZAM) annual conference, December, Massey University, Auckland, NZ.
    • (2001) Australia and New Zealand Academy of Management (ANZAM) Annual Conference
    • Nicholson, G.1    Kiel, G.C.2
  • 74
    • 0036811941 scopus 로고    scopus 로고
    • Market orientation and alternative strategic orientations: A longitudinal assessment of performance implications
    • October
    • Noble, C.H., Sinha, R.K. and Kumar, A. (2002) 'Market orientation and alternative strategic orientations: a longitudinal assessment of performance implications', Journal of Marketing, 66, October, 25-39.
    • (2002) Journal of Marketing , vol.66 , pp. 25-39
    • Noble, C.H.1    Sinha, R.K.2    Kumar, A.3
  • 76
    • 0141976395 scopus 로고    scopus 로고
    • Information costs and the role of the independent corporate director
    • Nowak, M. J. and McCabe, M. (2003) Information Costs and the Role of the Independent Corporate Director, Corporate Governance: An International Review, 11, 300-307.
    • (2003) Corporate Governance: An International Review , vol.11 , pp. 300-307
    • Nowak, M.J.1    McCabe, M.2
  • 78
    • 0000580379 scopus 로고
    • Variations in decision makers' use of information sources: The impact of quality and accessibility of information
    • O'Reilly, C. (1982) Variations in Decision Makers' Use of Information Sources: the Impact of Quality and Accessibility of Information, Academy of Management Journal, 25, 756-771.
    • (1982) Academy of Management Journal , vol.25 , pp. 756-771
    • O'Reilly, C.1
  • 80
    • 84989064928 scopus 로고
    • The impact of grand strategy and planning formality on financial performance
    • Pearce, J., Robbins, D. and Robinson, R. (1987) The Impact of Grand Strategy and Planning Formality on Financial Performance, Strategic Management Journal, 8, 125-134.
    • (1987) Strategic Management Journal , vol.8 , pp. 125-134
    • Pearce, J.1    Robbins, D.2    Robinson, R.3
  • 81
    • 0002150346 scopus 로고
    • The promise of the governed corporation
    • Pound, J. (1995) The Promise of the Governed Corporation, Harvard Business Review, 73, 89-96.
    • (1995) Harvard Business Review , vol.73 , pp. 89-96
    • Pound, J.1
  • 85
    • 24944512958 scopus 로고    scopus 로고
    • 16 February. Wellington, NZ: Securities Commission New Zealand
    • Securities Commission New Zealand (2004) Corporate Governance in New Zealand: Principles and Guidelines. 16 February. Wellington, NZ: Securities Commission New Zealand.
    • (2004) Corporate Governance in New Zealand: Principles and Guidelines
  • 88
    • 0035643936 scopus 로고    scopus 로고
    • The impact of the board on strategy: An empirical examination
    • Stiles, P. (2001) The Impact of the Board on Strategy: An Empirical Examination, Journal of Management Studies, 38, 627-650.
    • (2001) Journal of Management Studies , vol.38 , pp. 627-650
    • Stiles, P.1
  • 90
    • 24944519187 scopus 로고    scopus 로고
    • Putting directors in the classroom
    • Sweeney, P. (2004) Putting Directors in the Classroom, Financial Executive, 20, 22-24.
    • (2004) Financial Executive , vol.20 , pp. 22-24
    • Sweeney, P.1
  • 91
    • 0011084604 scopus 로고    scopus 로고
    • Today's lesson: Strategic planning
    • Taylor, K. (2001) Today's Lesson: Strategic Planning, Association Management, 53, 65-71.
    • (2001) Association Management , vol.53 , pp. 65-71
    • Taylor, K.1
  • 93
    • 24944498720 scopus 로고
    • National Policy 58-201. April. Canada: Toronto Stock Exchange
    • Toronto Stock Exchange (1995) Corporate Governance Guidelines. National Policy 58-201. April. Canada: Toronto Stock Exchange.
    • (1995) Corporate Governance Guidelines
  • 95
    • 24944434678 scopus 로고    scopus 로고
    • Turnbull report
    • September. London: The Institute of Chartered Accountants in England and Wales
    • Turnbull Report (1999) Internal Control: Guidance for Directors on the Combined Code. September. London: The Institute of Chartered Accountants in England and Wales.
    • (1999) Internal Control: Guidance for Directors on the Combined Code
  • 96
    • 0011079398 scopus 로고    scopus 로고
    • Evaluating board effectiveness: The changing context of strategic governance
    • Van der Walt, N. T. and Ingley, C. B. (2001) Evaluating Board Effectiveness: the Changing Context of Strategic Governance, Journal of Change Management, 1, 313-331.
    • (2001) Journal of Change Management , vol.1 , pp. 313-331
    • Van Der Walt, N.T.1    Ingley, C.B.2
  • 97
    • 0037898988 scopus 로고    scopus 로고
    • Board dynamics and the influence of professional background, gender, and ethnic diversity of directors
    • Van der Walt, N.T. and Ingley, C.B. (2003) Board Dynamics and the Influence of Professional Background, Gender, and Ethnic Diversity of Directors, Corporate Governance: An International Review, 11, 218-234.
    • (2003) Corporate Governance: An International Review , vol.11 , pp. 218-234
    • Van Der Walt, N.T.1    Ingley, C.B.2
  • 98
    • 24944558779 scopus 로고    scopus 로고
    • Do boards really influence outcomes? Board interaction, capability and performance
    • Paper presented at the, 11-13 October, Henley Management College, UK
    • Van der Walt, N. T. and Ingley, C. B. (2004) Do Boards Really Influence Outcomes? Board Interaction, Capability and Performance. Paper presented at the 7th International Conference on Corporate Governance and Board Leadership, 11-13 October, Henley Management College, UK.
    • (2004) 7th International Conference on Corporate Governance and Board Leadership
    • Van Der Walt, N.T.1    Ingley, C.B.2
  • 100
    • 0037702277 scopus 로고    scopus 로고
    • Corporate governance: Implications of ownership, performance requirements and strategy
    • Van der Walt, N. T., Ingley, C. B. and Diack, G. (2002) Corporate Governance: Implications of Ownership, Performance Requirements and Strategy, Journal of Change Management, 2, 319-333.
    • (2002) Journal of Change Management , vol.2 , pp. 319-333
    • Van Der Walt, N.T.1    Ingley, C.B.2    Diack, G.3
  • 101
    • 0033196770 scopus 로고    scopus 로고
    • Governing board, know thyself
    • Walker, L. W. (1999) Governing Board, Know Thyself, Trustee, 52, 14-19.
    • (1999) Trustee , vol.52 , pp. 14-19
    • Walker, L.W.1
  • 102
    • 0141988327 scopus 로고    scopus 로고
    • Corporate governance, conformance or performance?
    • August
    • Wallis, S. (2000) Corporate Governance, Conformance or Performance? Journal of Banking and Financial Services, August, 14-19.
    • (2000) Journal of Banking and Financial Services , pp. 14-19
    • Wallis, S.1
  • 103
    • 0033248829 scopus 로고    scopus 로고
    • Collaboration in the boardroom: Behavioral and performance consequences of CEO-board social ties
    • Westphal, J. D. (1999) Collaboration in the Boardroom: Behavioral and Performance Consequences of CEO-Board Social Ties, Academy of Management Journal, 42, 7-24.
    • (1999) Academy of Management Journal , vol.42 , pp. 7-24
    • Westphal, J.D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.