Board Monitoring in a Privately Held Firm: When Does CEO Duality Matter? The Moderating Effect of Ownership

被引：12

作者：

Deman, Robin ^{[1
]}

Jorissen, Ann ^{[2
,3
]}

Laveren, Eddy ^{[4
,5
]}

机构：

[1] Univ Antwerp, Dept Accounting & Finance, Antwerp, Belgium

[2] Univ Antwerp, Dept Accounting & Finance, Accounting, Antwerp, Belgium

[3] Antwerp Management Sch, Antwerp, Belgium

[4] Univ Antwerp, Financial Management & Entrepreneurship, Antwerp, Belgium

[5] Antwerp Management Sch, Competence Ctr Family Businesses, Antwerp, Belgium

来源：

JOURNAL OF SMALL BUSINESS MANAGEMENT | 2018年 / 56卷 / 02期

关键词：

CORPORATE GOVERNANCE; FAMILY FIRMS; EMPIRICAL-EXAMINATION; LEADERSHIP STRUCTURE; INTEGRATING AGENCY; TASK-PERFORMANCE; GOAL ALIGNMENT; DIRECTORS; BUSINESSES; IMPACT;

D O I：

10.1111/jsbm.12251

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Drawing from agency theory and the attention-based view of the firm, this study extends the understanding of the conditions under which CEO duality is negatively associated with, board monitoring in a privately held firm context. Measuring monitoring in terms of board members' involvement in behavioral control, output control, and strategy control tasks (Huse 2005), results show that CEO duality is significantly and negatively related only to the behavioral control task. In addition, we show that this negative effect is contingent on whether ownership is concentrated in the hands of a controlling shareholder as well as the type of controlling shareholder.

引用

页码：229 / 250

页数：22

共 31 条

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