Board Effectiveness in Small Firms

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dc.contributor Svenska handelshögskolan, Institutionen för företagsledning och organisation, företagsledning och organisation sv
dc.contributor Hanken School of Economics, Department of Management and Organisation, Management and Organisation en
dc.contributor.author Söderqvist, Anette
dc.contributor.author Wägar, Karolina
dc.date.accessioned 2010-03-02T09:40:13Z fi
dc.date.accessioned 2011-03-02T14:10:59Z
dc.date.available 2010-03-02T09:40:13Z fi
dc.date.available 2011-03-02T14:10:59Z
dc.date.issued 2010-03-02
dc.identifier.isbn 978-952-232-075-9
dc.identifier.issn 0357-4598
dc.identifier.uri http://hdl.handle.net/10227/510
dc.identifier.uri URN:ISBN:978-952-232-075-9
dc.description.abstract Purpose: This study investigates boards of directors in small firms and explores the link between board effectiveness and the composition, roles and working styles of the boards. Design/methodology/approach: The study analyses data from a telephone survey of boards in 45 small firms. The survey included both the CEO and the chairperson of the board. Findings: The study identifies three groups of small firms: ‘paperboards’, ‘professional boards’, and ‘management lead’ boards. Results show that board composition, board roles and board working style influence board effectiveness in small firms. Research limitations/implications: Although the present study has found a link between board effectiveness and the role, composition and working style of boards of small firms, other potentially influential factors are also worthy of investigation; for example, the personal characteristics of the individuals involved, generational factors in family firms, and the situational circumstances of various firms. Practical implications: The study reveals that, in practice, the management team and the board are substantially intertwined in small firms. Originality/value: The main contributions are that the study explores how boards in small firms actually function and gives a detailed account of their composition and roles.More insight into this issue is important given the overemphasis within the governance literature on input-output studies using samples of large publiclylisted firms. fi
dc.language.iso en
dc.publisher Svenska handelshögskolan sv
dc.publisher Swedish School of Economics and Business Administration en
dc.relation.ispartofseries Working Papers
dc.relation.ispartofseries 549
dc.rights Publikationen är skyddad av upphovsrätten. Den får läsas och skrivas ut för personligt bruk. Användning i kommersiellt syfte är förbjuden. sv
dc.rights This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited. en
dc.rights Julkaisu on tekijänoikeussäännösten alainen. Teosta voi lukea ja tulostaa henkilökohtaista käyttöä varten. Käyttö kaupallisiin tarkoituksiin on kielletty. fi
dc.subject board of directors fi
dc.subject small firms fi
dc.subject Board effectiveness fi
dc.subject.other Management and Organisation fi
dc.title Board Effectiveness in Small Firms fi

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