Evaluating the effectiveness of corporate boards.

Nordberg, D., 2018. Evaluating the effectiveness of corporate boards. Corporate Governance: The International Journal of Business in Society. (In Press)

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DOI: 10.1108/CG-08-2018-0275

Abstract

Purpose – This paper examines how board evaluations have emerged as an important tool in public policy and corporate practice for enhancing board effectiveness. Design/methodology/approach – We review the extensive literature on effectiveness and the emerging literature on board evaluation to identify ways to assess the current policy direction for external evaluation of corporate boards. Findings – The paper develops an integrated framework of effectiveness that can be used as a tool for board evaluation, in particular for externally facilitated exercises. Research limitations/implications – Through its integration of prior conceptual work this paper advances our theoretical understanding of this emerging part of policy and practice, with to-date lack much empirical basis. Practical implications – The framework we develop shows ways to focus how the practice is conducted by boards and external evaluators alike. Social implications – It can also help policy formation by pointing out the limitations as well as benefits of various policy options. Originality/value – In pointing to ways to develop study of the field through empirical research it provides direction for future academic research. It also identifies a need for and direction toward the professionalization of practice.

Item Type:Article
ISSN:1472-0701
Group:Faculty of Management
ID Code:31358
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:15 Oct 2018 09:12
Last Modified:15 Oct 2018 09:12

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