Abstract
Director selection is a critical board process and outcome that influences the board and its overall performance. Because of this influence, research from a variety of different disciplinary areas examines the antecedents and outcomes of director selection. The authors offer a synthesis of this literature from these different disciplines. The authors first delineate the process that drives the selection of an individual to a board. They then review and categorize the director selection literature into two distinct perspectives-a rational economic perspective focused on the organization-level benefits driving the selection decision and a socialized perspective emphasizing the social processes that influence the director selection process. Finally, from their review, the authors suggest promising areas of future research regarding director selection.
Original language | English (US) |
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Pages (from-to) | 243-277 |
Number of pages | 35 |
Journal | Journal of Management |
Volume | 38 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2012 |
Keywords
- board composition
- boards of directors
- director selection
ASJC Scopus subject areas
- Finance
- Strategy and Management