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The Influence Of Boards Of Directors Characteristics On Strategic Decision-Making: Evidence From Greek Companies

Year: 2010

Type: article

Abstract: This study explores the influence Boards of Directors’ demographic characteristics on the process of making strategic decisions. Empirical testing is based on a sample of 105 Greek companies listed on the Athens Stock Exchange. The results suggest that educational level affect both the financial reporting and the hierarchical decentralisation in the strategic decision-making process. Also, functional background of executives was found to be related with financial reporting. However, the educational specialty did not appear to have any significant influence on the strategic decision-making process. In light of these findings, implications for practitioners are made and avenues for future research are suggested.

Source: Journal of Applied Business Research (JABR)

DOI: 10.19030/jabr.v26i3.294

Authors: Maria Elisavet Balta, Adrian Woods, Keith Dickson

Institution: Brunel University of London

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: bronze

OpenAlex ID: W2156192971

FWCI: 5.594

Cites: 71

Cited by: 18

Related to: 10