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Setting Expectations: Governance and Board Considerations

In: Entrepreneurial Orientation and Strategic Leadership

Author

Listed:
  • Brian S. Anderson

    (University of Missouri–Kansas City
    Ghent University)

Abstract

This chapter explores the role of the Board and corporate governance, which is an under-researched area in the EO literature. The chapter adopts the perspective that the Board is central to setting the overall strategic parameters for the firm’s EO; the Board decides the chronic EO state. The chapter then briefly draws from a resource dependency frame to describe how Board composition and structure may influence EO. The chapter discusses merger and acquisition decisions and how they may influence the firm’s organic EO, and poses the question of whether a firm may import EO through acquisition. The chapter also addresses the Board’s role in managing capital risk as it relates to entrepreneurial behaviors and allocating capital toward projects with uncertain outcomes. I conclude the chapter with a discussion of the possible enabling effect of various executive compensation structures on the firm’s EO.

Suggested Citation

  • Brian S. Anderson, 2021. "Setting Expectations: Governance and Board Considerations," Springer Books, in: Entrepreneurial Orientation and Strategic Leadership, chapter 0, pages 39-50, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-87300-4_4
    DOI: 10.1007/978-3-030-87300-4_4
    as

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