Death by committee? An analysis of corporate board (sub-) committees
Theoretical models of groups suggest that sub-group usage can affect communication among members and group decision-making. To examine the trade-offs from forming subgroups, we assemble a detailed dataset on corporate boards (groups) and committees (subgroups). Boards have increasingly used committe...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
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Elsevier
2021
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| _version_ | 1826308973122289664 |
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| author | Adams, R Ragunathan, V Tumarkin, R |
| author_facet | Adams, R Ragunathan, V Tumarkin, R |
| author_sort | Adams, R |
| collection | OXFORD |
| description | Theoretical models of groups suggest that sub-group usage can affect communication among members and group decision-making. To examine the trade-offs from forming subgroups, we assemble a detailed dataset on corporate boards (groups) and committees (subgroups). Boards have increasingly used committees formally staffed entirely by outside directors. Twenty-five percent of all director meetings occurred in such committees in 1996; this increased to forty-five percent by 2010. We find evidence that granting formal authority to such committees can impair communication and decision-making. Sub-groups are relatively understudied, but our results suggest that they play an important role in group functioning and corporate governance. |
| first_indexed | 2024-03-07T07:27:20Z |
| format | Journal article |
| id | oxford-uuid:62076765-7088-44e1-954c-5918519633af |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T07:27:20Z |
| publishDate | 2021 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:62076765-7088-44e1-954c-5918519633af2022-11-28T10:26:03ZDeath by committee? An analysis of corporate board (sub-) committeesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:62076765-7088-44e1-954c-5918519633afEnglishSymplectic ElementsElsevier2021Adams, RRagunathan, VTumarkin, RTheoretical models of groups suggest that sub-group usage can affect communication among members and group decision-making. To examine the trade-offs from forming subgroups, we assemble a detailed dataset on corporate boards (groups) and committees (subgroups). Boards have increasingly used committees formally staffed entirely by outside directors. Twenty-five percent of all director meetings occurred in such committees in 1996; this increased to forty-five percent by 2010. We find evidence that granting formal authority to such committees can impair communication and decision-making. Sub-groups are relatively understudied, but our results suggest that they play an important role in group functioning and corporate governance. |
| spellingShingle | Adams, R Ragunathan, V Tumarkin, R Death by committee? An analysis of corporate board (sub-) committees |
| title | Death by committee? An analysis of corporate board (sub-) committees |
| title_full | Death by committee? An analysis of corporate board (sub-) committees |
| title_fullStr | Death by committee? An analysis of corporate board (sub-) committees |
| title_full_unstemmed | Death by committee? An analysis of corporate board (sub-) committees |
| title_short | Death by committee? An analysis of corporate board (sub-) committees |
| title_sort | death by committee an analysis of corporate board sub committees |
| work_keys_str_mv | AT adamsr deathbycommitteeananalysisofcorporateboardsubcommittees AT ragunathanv deathbycommitteeananalysisofcorporateboardsubcommittees AT tumarkinr deathbycommitteeananalysisofcorporateboardsubcommittees |