Research Notes. Stakeholders and Corporate Boards: Institutional Influences on Board Composition and Structure
研究了法律环境、行业监管和公司规模等制度因素如何影响董事会中利益相关者的代表情况,发现这些因素影响董事会整体构成但不影响关键委员会的代表性。
This study examined the relationships between institutional influences and stakeholder representation on boards of directors. Data from 224 companies over the period 1984–94 were employed. Results indicate that variations in legal environments, industry regulation, and firm size are associated with stakeholder representation on boards but do not influence stakeholder representation on key board committees. Legal environments and firm size are associated with the adoption of stakeholder-oriented board committees.