Affiliation:
1. University of Bergamo
2. Free University of Bolzano
3. IMD Business School
4. Lancaster University Management School
5. Zhejiang University
6. Virginia Tech
7. MIT Sloan School of Management
Abstract
AbstractThe literature indicates that the board of directors exists to provide resources and strategic direction (service task) and monitor top managers (control task), often tending to overgeneralize board tasks. Using a unique sample of 36 elite family firm directors having served on 615 boards with an aggregate 1447 years’ experience, and integrating interview and secondary data with observations, we capture how the multiple role identity struggles experienced by family directors are managed in the board. Our data indicate that effective boards resolve multiple role identity struggles (i.e., family director ‘pathos’) through the mechanisms that boardroom structural forces trigger and the resulting bridge and buffer tasks enacted (i.e., board ‘ethos’), going beyond the traditional service and control tasks.
Subject
Management of Technology and Innovation,Strategy and Management,Business and International Management
Cited by
5 articles.
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