Board leadership structure and diversity over CEO time in office: A test of the evolutionary perspective on Italian firms

Zona, Fabio

doi:http://dx.doi.org/10.1016/j.emj.2013.10.002

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An evolutionary perspective on CEO-board relations suggests that CEO objectives and interests change over time, and that board roles should shift accordingly, from CEO leadership development during the early stages of CEO time in office toward monitoring during the latest stages. This study examines how two board characteristics, board leadership structure and board diversity, shape innovation investment among Italian firms. Empirical results support the hypothesized effects, suggesting that the board’s effects are contingent upon CEO time in office.

Titolo:	Board leadership structure and diversity over CEO time in office: A test of the evolutionary perspective on Italian firms
Autori Unitn:	Zona, Fabio
Anno di pubblicazione:	2014
Titolo del periodico:	EUROPEAN MANAGEMENT JOURNAL
Abstract:	An evolutionary perspective on CEO-board relations suggests that CEO objectives and interests change over time, and that board roles should shift accordingly, from CEO leadership development during the early stages of CEO time in office toward monitoring during the latest stages. This study examines how two board characteristics, board leadership structure and board diversity, shape innovation investment among Italian firms. Empirical results support the hypothesized effects, suggesting that the board’s effects are contingent upon CEO time in office.
Handle:	http://hdl.handle.net/11572/120250
Appare nelle tipologie:	03.1 Articolo su rivista (Journal article)

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