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Do Board Evaluations Measure Board Effectiveness?

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  • Janicke Rasmussen

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.

Suggested Citation

  • Janicke Rasmussen, 2015. "Do Board Evaluations Measure Board Effectiveness?," International Studies of Management & Organization, Taylor & Francis Journals, vol. 45(1), pages 80-98, January.
    • Handle: RePEc:taf:mimoxx:v:45:y:2015:i:1:p:80-98
    DOI: 10.1080/00208825.2015.1005999
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    Cited by:

    1. Rebecca Booth & Donald Nordberg, 2021. "Self or other: directors’ attitudes towards policy initiatives for external board evaluation," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 18(2), pages 120-135, June.
    2. Vandebeek, Alana & Voordeckers, Wim & Lambrechts, Frank & Huybrechts, Jolien, 2016. "Board role performance and faultlines in family firms: The moderating role of formal board evaluation," Journal of Family Business Strategy, Elsevier, vol. 7(4), pages 249-259.
    3. Samara, Georges & Jamali, Dima & Lapeira, Maria, 2019. "Why and how should SHE make her way into the family business boardroom?," Business Horizons, Elsevier, vol. 62(1), pages 105-115.

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