Event Seminars April 22, 2021 Thursday

2019.12.11 Diversity of Board and CEO Duality in the Strategy Process: An Integrated Approach

Date:December 11, 2019 Wednesday 13:00 〜 14:30

【Event Number】

 This event is subject to the point system.
To attend the full seminar (from its beginning till the end).

【Brief Overview】
By drawing on the upper echelons theory we propose a synthesized model of the strategy process to analyse the effects of board diversity on performance while examining the heterogeneous mediating effect of CEO duality. We posit that this difference in the mediation is led by distinctive interfacing power with their dominant logics depending on outsiderness of CEOs in family firms. In the context of our study, task-related cognition reflected in diversities of the lengths of service and different functional roles among the board members appear to be important for the focal task of institutionalizing the duality. This endogenously determined CEO duality in turn affects performance through different mechanisms, where high-power nonfamily CEOs adhere to a market logic contingent upon the traditional agency problems while family CEOs follow a family logic contingent upon both the behavioural agency problem and stewardship. Our integrated theory, which is supported by empirical results, illustrates why characteristics and dominant logics are important in understanding both the board’s and CEOs’ behaviors in a system of the strategy process and the circumstances under which the consolidation of power and decision-making afforded by duality would be beneficial and vice versa in family firms.

【Eligible Person】
 GSM and ECN student/faculty member

 Refresh Room
 8F Faculty of Law and Faculty of Economics East Bldg.

 Professor Asli M. Colpan

【Admission Fee】

 Registration is not required.

 Graduate School of Management Kyoto University
 Professor Asli M. Colpan
 For any questions, email colpan.asli.2e* (Replace @ with *)