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University board composition and institutional outcomes

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  • Katherine Coffey
  • James Monks

Abstract

Numerous studies examine corporate boards of directors' composition and firm performance. Far less is known about the factors influencing university boards' composition and university outcomes. This paper fills this void by examining the relationship between university board selection processes and constituent representation, board composition in terms of size and demographic composition, and the influence of board composition on institutional outcomes. We find that institutional sector, Carnegie classification, and wealth predict board size, and that institutions with larger boards tend to have more favorable institutional outcomes. Board gender and racial composition is less correlated with outcomes than is board size.

Suggested Citation

  • Katherine Coffey & James Monks, 2023. "University board composition and institutional outcomes," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(7), pages 4068-4081, October.
    • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:7:p:4068-4081
    DOI: 10.1002/mde.3940
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