Who's the Boss at the Top? A Micro‐Level Analysis of Director Expertise, Status and Conformity Within Boards
研究董事专长如何影响其在董事会内的社会地位和从众行为，发现行业专长和财务专长对地位的影响不同，且个人绩效导向是关键调节因素。
Abstract In this paper we address how director expertise impacts a director's social status and conformity within the board. Our results, derived from two unique multi‐source datasets of peer ratings on director status and conformity of non‐executive directors from Dutch organizations, indicate that industry‐specific expertise and financial expertise differently impact directors’ social status and influence within the board. We find that directors’ individual performance orientation – the motivation to demonstrate expertise – acts as an important contingency for expertise to increase directors’ status within the board. Additional analyses using archival data and interviews with non‐executive directors substantiate our findings and provide additional insight into the dynamics operating within boards. This study extends existing research on boards of directors and provides unique micro‐level insights into the boardroom dynamics that connect director expertise to director status and conformity within boards.