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Article
Publication date: 4 October 2019

Slobodan Kacanski

The purpose of this study is to show that social relations in a corporate governance platform between members of supervisory boards and between members of supervisory and executive

Abstract

Purpose

The purpose of this study is to show that social relations in a corporate governance platform between members of supervisory boards and between members of supervisory and executive board tiers can serve as an alternative viewpoint for understanding mechanisms of social selection in corporate governance networks. The study shows that through the lenses of social network analysis, it is possible to identify and understand how the process of corporate governance member selection unfolds within companies and how that selection process may have been potentially influenced by the cross-board relations, such as interlocking directorships.

Design/methodology/approach

To estimate network parameters and attribute effects of network tie emergence, this study has used exponential random graph models (ERGMs) on corporate governance data of Danish publicly listed companies. Econometric models are applied to estimate parameter statistics which serve further to explain tendencies of tie emergence.

Findings

The results of this study reveal that the process of selection of both supervisory boards and executive directors is interdependent. Also, the study showed that board members are more likely to select popular supervisory board members and top managers who have their expertise gained through multiple companies affiliated with multiple industries. However, these conditions for CEO selection apply only to the extent to which they have their experience gained from multiple companies but not multiple industries.

Originality/value

On one hand, this study demonstrates that being a dynamic practitioner who is exposed to diverse corporate environments by being affiliated with different companies belonging to different industries generally increases practitioners visibility in the corporate governance network, and therefore their attractiveness to boards of directors. On the other hand, the results show that the research on board assemblage, nowadays, should be rather observed through the methodology of social network analysis as the method gives an opportunity to understand structures through relations, from which the executive tier should not be exempted as well.

Details

Corporate Governance: The International Journal of Business in Society, vol. 20 no. 1
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 1 June 1992

Timothy Clark

Differs from previous studies of managerial selection methods.Focuses wholly on the activities of external executive recruitmentconsultancies. Results are presented from two major…

2759

Abstract

Differs from previous studies of managerial selection methods. Focuses wholly on the activities of external executive recruitment consultancies. Results are presented from two major surveys on the use of selection methods by such consultancies: in general they use low validity techniques, primarily unstructured interviews and references. Low validity selection methods may be used because validity is not the primary “evaluative standard”. Suggests five alternative “evaluative standards”.

Details

Journal of Managerial Psychology, vol. 7 no. 6
Type: Research Article
ISSN: 0268-3946

Keywords

Article
Publication date: 1 March 1997

L. Christine Britton, Christine M. Doherty and Derrick F. Ball

The size structure of the executive recruitment consultancy industry is similar to that found in other business service industries in that the industry is predominantly comprised…

Abstract

The size structure of the executive recruitment consultancy industry is similar to that found in other business service industries in that the industry is predominantly comprised of small firms. This paper considers the reasons for small firm size in the industry and looks at the implications this has for expansion into Europe. The size structure of the industry is mainly due to the nature of the outcome, the service provision process and the barriers to growth which are a result of the particular client‐consultant relationship. Increased globalization of markets has led to an increase in the amount of international work carried out by executive recruitment consultancies. The larger international consultancies with branches in most European countries are in a strong position to take advantage of this. For the small consultancies wishing to offer international services, the main method adopted is to enter or establish an international network. © 1997 John Wiley & Sons, Ltd. and European Research Press Ltd.

Details

Journal of Small Business and Enterprise Development, vol. 4 no. 3
Type: Research Article
ISSN: 1462-6004

Article
Publication date: 1 January 1991

Ian Clark and Tim Clark

It has recently been argued that the use of external consultants isindicative of a crisis in personnel management. However, the use ofconsultants, of whatever type, has not been…

Abstract

It has recently been argued that the use of external consultants is indicative of a crisis in personnel management. However, the use of consultants, of whatever type, has not been adequately explained for a number of reasons. The reasons underlying the increasing usage of external consultants by personnel is a form of defence, allowing it to shed some activities thereby strengthening its position within the organisation. To illustrate this argument the reasons for the growth in the use of a particular type of consultant by personnel – executive recruitment consultancies – are considered. The results reported draw on two major surveys. The first was directed at executive consultancies whereas the second was directed at corporate personnel directors in the Times 100 companies. Response rates of 42 per cent and 55 per cent were achieved.

Details

Personnel Review, vol. 20 no. 1
Type: Research Article
ISSN: 0048-3486

Keywords

Article
Publication date: 1 June 1991

John A. Valentine

The selection of executive staff has long been a concern of successful businesses. In the early 1950s, William H. Whyte, Jr., wrote in Fortune magazine of how corporations…

Abstract

The selection of executive staff has long been a concern of successful businesses. In the early 1950s, William H. Whyte, Jr., wrote in Fortune magazine of how corporations carefully screened spouses as well as executive candidates in efforts to safeguard the corporations' futures. He then went on to portray the struggles of those aspiring to such positions in his classic novel The Organization Man (1956). By the 1980s, executive selection had become so important that search firms had proliferated and corporate CEOs like General Electric's Jack Welch were receiving national recognition for their executive succession strategies.

Details

Journal of Business Strategy, vol. 12 no. 6
Type: Research Article
ISSN: 0275-6668

Article
Publication date: 15 September 2023

Korhan Arun and Saniye Yildirim Özmutlu

This paper aims to analyze the impact of gender in leadership on strategic orientation and the relative impact of these strategic orientations on organizational performance with…

Abstract

Purpose

This paper aims to analyze the impact of gender in leadership on strategic orientation and the relative impact of these strategic orientations on organizational performance with the leadership of each gender.

Design/methodology/approach

Cross-sectional survey-based data were collected from 1,260 logistics companies, and 503 responses were found suitable for further data evaluation. Structural equation modeling (SEM) and regression analysis were used to analyze the data and test the hypotheses.

Findings

Results show that managers' gender affects only the aggressiveness subdimension (p = 0.018 and ß = 0.114) in strategic orientation decisions and that male managers tend to be more aggressive-oriented than female managers. Strategic orientation is more effective on organizational performance. More clearly, when female executives use the same strategic orientation as their male counterparts, organizational performance is higher than that of male executives.

Research limitations/implications

Managers' power is related to social norms about their valuable contribution to the organization and roles are associated with experiences. Thus, at different levels of management, different results will be obtained.

Practical implications

Organizations should only define leadership roles in masculine terms with information or research that explains how women leaders can contribute to the organization's outcomes.

Social implications

The lack of fit model should not be expected when determining executive-level female leaders' performance.

Originality/value

There is a significant potential in studying strategic decision-making and whether the ability to provide effective organizational outcomes is related to a person's gender. Even if previous literature suggests that gender stereotypes affect perceptions of men's and women's fit for executive positions, the strategic conception of organizational decisions is immune to gender, but strategy execution is not.

Details

Leadership & Organization Development Journal, vol. 44 no. 7
Type: Research Article
ISSN: 0143-7739

Keywords

Content available

Abstract

Details

Leadership & Organization Development Journal, vol. 34 no. 3
Type: Research Article
ISSN: 0143-7739

Keywords

Article
Publication date: 1 August 2000

Rebecca Fawcett and Judith K. Pringle

As in many other countries, women are poorly represented at the highest levels of New Zealand organisations. This article discusses salient factors that emerged from a study of…

1414

Abstract

As in many other countries, women are poorly represented at the highest levels of New Zealand organisations. This article discusses salient factors that emerged from a study of the decision‐making processes practised in the selection of chief executive officers (CEOs) in eight companies. The overall findings demonstrated informality, a lack of objective selection practices, and a reliance on networks for executive search. Specific additional factors impacting on women’s lack of advancement included: stereotyped views of CEOs based on masculine senior management cultures, homosocial reproduction and assessment based on traditional career models. Implied strategies for change include spotlighting any institutional sexism in selection by reviewing assessment practices. The article concludes by suggesting that working for “small wins” is likely to afford greater gains for women than attempting large‐scale change.

Details

Women in Management Review, vol. 15 no. 5/6
Type: Research Article
ISSN: 0964-9425

Keywords

Article
Publication date: 18 November 2013

Phil Saj

The purpose of this study is to compare the use of performance information by board members and executives of a large Australian community service organization in order to…

1105

Abstract

Purpose

The purpose of this study is to compare the use of performance information by board members and executives of a large Australian community service organization in order to ascertain what they focused on and how they worked together in effecting organizational governance.

Design/methodology/approach

Field based case study using stewardship theory.

Findings

While board members and executives worked closely together within a mutually agreed organizational space, there was a clear bifurcation of focus with the board concerned more with the financial performance and the executive more with service performance. Further differentiation of role with respect to financial performance was observed such that the board's attention was directed most to issues that presented the greatest risk to the organization. The study found that board members and executives “cut across” traditionally assigned roles, thus demonstrating a joint mode of organizational governance that was underpinned by organizational policies, processes and structures.

Research limitations/implications

This paper provides rich empirical evidence in relation to matters that have been subject to high levels of theorisation; by answering recent calls from scholars for in-depth research on governance processes; and by identifying the common threads that link research on not-for-profit governance with stewardship theory and the extended concepts of accountability. It contributes to practice by providing a comprehensive explanation of a contemporary governance arrangement. It contributes to the public policy debate since a key issue currently under review in Australia, and New Zealand, to name just two jurisdictions, is the attribution of responsibilities by key decision makers in charities, in particular, the vexed question of management involvement in governance processes.

Originality/value

The paper provides rich empirical data about an issue of ongoing importance to third sector organizations.

Details

Qualitative Research in Accounting & Management, vol. 10 no. 3/4
Type: Research Article
ISSN: 1176-6093

Keywords

Article
Publication date: 1 January 2021

Cher-Min Fong and Hsing-Hua Stella Chang

This study aims to examine whether the selection of a new outsider chief marketing officer from a developed-country incumbent firm with an established brand can serve as an…

Abstract

Purpose

This study aims to examine whether the selection of a new outsider chief marketing officer from a developed-country incumbent firm with an established brand can serve as an alternative strategy to the acquisition of developed-country firms in benefiting the internationalization of a postselection emerging-market brand marketer that suffers from late-mover disadvantages.

Design/methodology/approach

A pretest (survey) and two main studies (experiments) were conducted to examine the proposed mediation model of “Chief Marketing Officer background—enhancement of capabilities—brand competitiveness”.

Findings

An emerging-market brand marketer gains enhanced resources and capabilities when a new chief marketing officer is recruited from a developed-country incumbent with a superior reputation, leading to improved brand competitiveness. This positive effect accrues from the new chief marketing officer's background (i.e. prior work organization) spilling over to his/her new emerging-market employer.

Originality/value

This research integrates the research streams of emerging-market firm internationalization, chief marketing officer and executive succession to provide an alternative strategy for emerging-market firms to overcome late-mover disadvantages in global markets.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 33 no. 7
Type: Research Article
ISSN: 1355-5855

Keywords

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