Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives
整合代理理论与资源依赖理论，提出董事会资本影响监督与资源提供，且董事会激励调节这些关系，对研究公司治理的学者有参考价值。
Boards of directors serve two important functions for organizations: monitoring management on behalf of shareholders and providing resources. Agency theorists assert that effective monitoring is a function of a board's incentives, whereas resource dependence theorists contend that the provision of resources is a function of board capital. We combine the two perspectives and argue that board capital affects both board monitoring and the provision of resources and that board incentives moderate these relationships.