Do Board Evaluations Measure Board Effectiveness?
Year: 2015
Type: article
Abstract: The purpose of this study is to assess to what extent implemented board evaluation processes in Norwegian listed companies have contributed to board effectiveness. Board effectiveness has been measured by using three levels of accountability, namely, board performance, conformance to content, and conformance to context. Multiple case studies were performed in nine large listed companies using the board evaluation process as the unit of analysis. The characteristics of the implemented board evaluation process were compared and contrasted with the characteristics of the board evaluation process identified in the literature. From a value creation perspective, the implemented board evaluations appeared to represent value creation for the board members rather than measuring board effectiveness.
Author: Janicke Rasmussen
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1481900992