Determinants of Board Participation in the Strategic Decisions of Small Corporations
基于代理、战略选择和认知视角，研究小公司CEO在何种条件下让董事会参与战略决策。调查发现，董事会参与并非普遍做法，但在公司规模较大、外部董事达到临界数量、战略问题涉及转型或潜在衰退、或CEO权力（所有权）较低时更可能发生。
Agency, strategic choice, and cognitive perspectives are used to examine the conditions under which chief executive officers (CEOs) of small private corporations involve the board of directors in strategic decisions. Logistic regression results (2,382 respondents to a cross–industry mail survey) indicate that board strategic participation is not the dominant practice in these firms but that boards are more likely to participate in strategic decisions when the firm is larger, the board has a critical mass of outside directors, the strategic issue under consideration involves an organizational transition or potential downturn, or CEO power (ownership) is low.