Corporate linkages and organizational environment : A test of the resource dependence model
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Detail(s)
Original language | English |
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Pages (from-to) | 419-430 |
Journal / Publication | Strategic Management Journal |
Volume | 11 |
Issue number | 6 |
Publication status | Published - Oct 1990 |
Externally published | Yes |
Link(s)
Abstract
Two competing models of corporate boards are presented. Management control proposes that the board is a rubber stamp for management, and plays a minor role in strategic management, while resource dependence asserts that the board is a tool used to manage environmental uncertainty. A structural model was developed to determine whether corporate boards respond to different types of environmental uncertainty, using data on 147 companies from nine industry groups. It was found that boards tended to be smaller in a more uncertain environment, while having an increased number of interlocks. This relationship was stronger in high‐performing firms.
Citation Format(s)
Corporate linkages and organizational environment : A test of the resource dependence model. / BOYD, BRIAN.
In: Strategic Management Journal, Vol. 11, No. 6, 10.1990, p. 419-430.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review