Do boards of directors foster strategic change? A dynamic managerial capabilities perspective

被引:20
|
作者
Aberg, Carl [1 ]
Torchia, Mariateresa [2 ]
机构
[1] Univ South Eastern Norway, Dept Business Strategy & Polit Sci, Gronland 58, N-3045 Drammen, Norway
[2] Int Univ Monaco, INSEEC U Res Ctr, Fontvieille, Monaco
关键词
Boards of directors; Dynamic managerial capabilities; Upper echelon; Strategic change; UPPER ECHELONS RESEARCH; CORPORATE GOVERNANCE; FIRM PERFORMANCE; EXPERIENCE; RESOURCES; POWER; INFORMATION; OWNERSHIP; COGNITION; IMPACT;
D O I
10.1007/s10997-019-09462-4
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The purpose of this study is to understand the dynamic relationships between managerial human capital, dynamic managerial capabilities and strategic change within boards of directors. Building on the dynamic managerial capabilities perspective and upper echelons theory, we theorize and investigate the impact of managerial human capital on strategic change as well as the mediating role of boards' sensing, seizing and reconfiguring abilities, defined as dynamic managerial capabilities. The hypotheses are tested on a sample of 606 Norwegian firms. The main findings suggest that while managerial human capital positively impacts strategic change, boards' sensing and seizing abilities (not reconfiguring) positively mediate the relationship between human capital and strategic change. Implications for theory and practice are discussed.
引用
收藏
页码:655 / 684
页数:30
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