When elites forget their duties: The double-edged sword of prestigious directors on boards

• المؤلفون الرئيسيون: OEHMICHEN, Jana, BRAUN, Daniel, WOLFF, Michael, YOSHIKAWA, Toru
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2017
• الموضوعات: Corporate elite; Corporate governance; Director network; Institutions; Prestigious directors; Business Law, Public Responsibility, and Ethics; Organizational Behavior and Theory; Strategic Management Policy
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research_all/22; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1027&context=lkcsb_research_all

Previous research indicates that the performance effect of prestigious directors is ambiguous. Our study addresses this issue by integrating the theoretical lens of board capital and the institutional perspective. We argue that prestigious directors can bring benefits as well as costs. We claim that...