The Board of Directors in Family Firms: One Size Fits All?
指出家族企业董事会的研究长期被一刀切的建议主导,忽视了不同类型家族企业的治理需求差异。作者提出权变方法,认为董事会结构、活动和角色应反映企业的权力、经验和文化构成,为理解董事会如何提升家族企业绩效提供新视角。
Boards of directors are governance bodies that serve important functions for organizations, ranging from monitoring management on behalf of different shareholders to providing resources. Board roles and characteristics vary widely among national cultures and, within each country, among different company types. Despite such variety, research on family business boards has been dominated by prescriptions and by the lack of an explicit recognition of family firm types characterized by different governance requirements. We argue that a contingency approach to defining board structure, activity, and roles offers useful guidance in understanding board contributions to family business performance. We develop a theory to show how board characteristics are a reflection of a family firm's power, experience, and culture makeup. This theory provides insight into descriptions of existing board choices and prescriptions for family firms interested in starting or adapting their board of directors.