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The Strategic Role of the Board

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  • Philip Stiles
  • Bernard Taylor

Abstract

This article reports the results of a survey of 101 UK company boards designed to obtain information on the extent of their strategic involvement, the style of strategy making, the planning process and the methods used to monitor and control the implementation of strategy. There is much prescriptive work on the need for boards to be involved in the strategy making process, but little empirical evidence has been gathered about current practices. This article makes a contribution to this debate. With Pettigrew (1993) we aim to avoid placing this research within any one research tradition, but attempt to provide descriptive results which increase our understanding of the board's role in strategy based on initial findings from an on‐going study.

Suggested Citation

  • Philip Stiles & Bernard Taylor, 1996. "The Strategic Role of the Board," Corporate Governance: An International Review, Wiley Blackwell, vol. 4(1), pages 3-10, January.
    • Handle: RePEc:bla:corgov:v:4:y:1996:i:1:p:3-10
    DOI: 10.1111/j.1467-8683.1996.tb00125.x
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    Cited by:

    1. Albie Brooks & Judy Oliver & Angelo Veljanovski, 2009. "The Role of the Independent Director: Evidence from a Survey of Independent Directors in Australia," Australian Accounting Review, CPA Australia, vol. 19(3), pages 161-177, September.
    2. Pugliese, A. & Bezemer, P.J. & Zattoni, A. & Huse, M. & van den Bosch, F.A.J. & Volberda, H.W., 2009. "Boards of Directors’ Contribution to Strategy: A Literature Review and Research Agenda," ERIM Report Series Research in Management ERS-2009-013-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    3. Hongjin Zhu & Pengji Wang & Chris Bart, 2016. "Board Processes, Board Strategic Involvement, and Organizational Performance in For-profit and Non-profit Organizations," Journal of Business Ethics, Springer, vol. 136(2), pages 311-328, June.
    4. Nor Farizal Mohammed & Zuraidah Mohd Sanusi & Fahdah Sultan Alsudairi, 2017. "Corporate Governance and Malaysian Politics: Theoretical Framework for Accounting Quality," International Journal of Economics and Financial Issues, Econjournals, vol. 7(2), pages 188-195.
    5. Karin Jonnergård & Anna Stafsudd, 2011. "The making of active boards in Swedish public companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(1), pages 123-155, February.

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