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Media type:
E-Article
Title:
A configurational analysis of board involvement in intergovernmental organizations
Contributor:
Federo, Ryan;
Saz‐Carranza, Angel
Published:
Wiley, 2018
Published in:
Corporate Governance: An International Review, 26 (2018) 6, Seite 414-428
Language:
English
DOI:
10.1111/corg.12241
ISSN:
0964-8410;
1467-8683
Origination:
Footnote:
Description:
AbstractManuscript TypeEmpiricalResearch IssueResearch on board involvement has evolved and shifted towards seeking the appropriate role these boards should play in the strategy process. Current theoretical debates and inconclusive empirical findings in the literature point to an unresolved issue regarding the level of board involvement that is conducive to effective strategy formulation. This study aims to identify the levels of board involvement that are associated with highly effective and less effective strategy formulation.Research FindingsWe examine the boards of 16 intergovernmental organizations by conducting an inductive fuzzy‐set qualitative comparative analysis to identify different levels of board involvement that are associated with highly effective and less effective strategy formulation. Our results illustrate that both active and less active board involvement are associated with highly effective strategy formulation, while an intermediate level of board involvement is associated with less effective strategy formulation.Theoretical ImplicationsThis study contributes to the literature seeking to understand board involvement in the strategy process. We build a multi‐dimensional board involvement framework consisting of board dynamics, the use of director resources, and context. We use the information‐processing perspective to elucidate the relationship between different levels of board involvement and effective strategy formulation.Practitioner ImplicationsOur findings suggest that the optimal level of board involvement in strategy formulation depends on an organization's complexity, a factor which determines its information‐processing needs.