Stakeholders and corporate boards: Institutional influences on board composition and structure

被引:182
作者
Luoma, P [1 ]
Goodstein, J
机构
[1] Quinnipiac Coll, Hamden, CT 06518 USA
[2] Washington State Univ, Pullman, WA 99164 USA
关键词
D O I
10.5465/256976
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examined the relationships between institutional influences and stakeholder representation on boards of directors. Data from 224 companies over the period 1984-94 were employed. Results indicate that variations in legal environments, industry regulation, and firm size are associated with stakeholder representation on boards but do not influence stakeholder representation on key board committees. Legal environments and firm size are associated with the adoption of stakeholder-oriented board committees.
引用
收藏
页码:553 / 563
页数:11
相关论文
共 39 条
[1]  
[Anonymous], 1988, CORPORATE GOVERNANCE
[2]  
Bainbridge S.M., 1992, PEPP L REV, V19, P971
[3]   EQUAL-OPPORTUNITY LAW AND THE CONSTRUCTION OF INTERNAL LABOR-MARKETS [J].
DOBBIN, F ;
SUTTON, JR ;
MEYER, JW ;
SCOTT, WR .
AMERICAN JOURNAL OF SOCIOLOGY, 1993, 99 (02) :396-427
[4]   THE STAKEHOLDER THEORY OF THE CORPORATION - CONCEPTS, EVIDENCE, AND IMPLICATIONS [J].
DONALDSON, T ;
PRESTON, LE .
ACADEMY OF MANAGEMENT REVIEW, 1995, 20 (01) :65-91
[7]  
Evan W. M., 1993, Ethical theory and business, V4th ed., P75
[8]  
Freeman R., 1990, J BEHAV EC, V19, P337, DOI [10.1016/0090-5720(90)90022-y, DOI 10.1016/0090-5720(90)90022-Y, 10.1016/0090-5720(90)90022-Y]
[9]  
Freeman R. E., 1984, STRATEGIC MANAGEMENT
[10]  
Freeman R.E., 1994, Business Ethics Quarterly, V4, P409