Board Structure, Board Process and Board Performance: A Review & Research Agenda

Abstract

While the conceptual importance of boards of directors in modern day businesses is undisputed, it is equally crucial to study the relationship between board of directors and board performance. The objective of this study is to examine the current literature and suggest that a better way to examine the role of board of directors is through a careful study on board structure, board processes and board performance, instead of focusing on board structure and firm performance alone.