Towards a Dynamic Theory of Boards: An Organisational Life Cycle Approach

Bonn, Ingrid and Pettigrew, Andrew (2009) Towards a Dynamic Theory of Boards: An Organisational Life Cycle Approach. Journal of Management & Organization, 15 (1). pp. 2-16.

Abstract

We propose a research agenda that can assist in developing a dynamic and comprehensive theory of boards of directors. It is based upon the concept of temporality, with time being organised around the life-cycle metaphor, and integrates research on agency theory, decision-making theory and resource dependence theory. We identify three key roles of boards of directors: (1) monitoring and controlling top management; (2) involvement in strategic decision-making; and (3) providing access to resources and networks. Our analysis suggests that boards perform all three roles, but that these roles change over time. We propose clear researchable questions for each stage of the organisational life cycle as well as the transition between the stages.

Item Type: Article
Keywords: research methods; board of directors, corporate governance, organisational life cycle
Subject(s): Strategy; Entrepreneurship & Global business
Centre: Faculty of Strategy, Entrepreneurship and International Business
Date Deposited: 05 Dec 2011 14:49
Last Modified: 23 Oct 2015 14:06
URI: http://eureka.sbs.ox.ac.uk/id/eprint/1541

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