Paper Info
Title
Assessing The Impact Of Corporate Board Independence And Diversity On Team Decision-Making
Abstract
Corporate Boards of Directors are governing bodies responsible for the overall activities of the corporation in dealing with its environment. These strategic decision-making groups have been studied for their impact and reflection of societal values from perspectives such as gender diversity, racial diversity, ethnic diversity, board independence. Yet, little research has been done on underlying attributes of diversity such as diversity of thought as it affects decision-making. This paper uses Social Network Analysis to investigate social ties between corporate boards using a rich data-set of 1430 largest publicly traded firms in the US. We develop a measure of diversity from 2Step centrality and relate it to firm performance through cluster analysis. The results show that diversity of thought can be indirectly studied and related to improved team decision-making.
Year
DOI
Venue
2018
10.1080/12460125.2018.1464782
JOURNAL OF DECISION SYSTEMS
Keywords
Field
DocType
Corporate boards of directors, diversity, independence, decision-making, Social Network Analysis, centrality
Gender diversity,Corporation,Computer science,Public relations,Social network analysis,Knowledge management,Centrality,Cultural diversity,Team decision making,Interpersonal ties
Journal
Volume
Issue
ISSN
27
Supp
1166-8636
Citations 
PageRank 
References 
0
0.34
0
Authors
1
Name
Order
Citations
PageRank
Gloria E. Phillips-wren113918.45