Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship
Recent reviews of research on company boards and firm performance relationship tend to criticise three of the main traditional theories on boards, namely Agency Theory (AT), Resource Dependence Theory (RDT), and Managerial Power Theory (MPT) for their narrow assumptions and focuses on a limited rang...
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| Format: | Journal Article |
| Language: | English |
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VNU Journal of Science
2020
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| Online Access: | http://hdl.handle.net/20.500.11937/84767 |
| _version_ | 1848764681811918848 |
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| author | Nguyen, Tien |
| author2 | Truong, Vu Bang Giang |
| author_facet | Truong, Vu Bang Giang Nguyen, Tien |
| author_sort | Nguyen, Tien |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Recent reviews of research on company boards and firm performance relationship tend to criticise three of the main traditional theories on boards, namely Agency Theory (AT), Resource Dependence Theory (RDT), and Managerial Power Theory (MPT) for their narrow assumptions and focuses on a limited range of board tasks. This study provides a critical review on these above theories and promotes a direction towards an integrated approach with three important governance factors, namely board capability, board incentives, and CEO power for a better understanding of board-firm performance relationship. |
| first_indexed | 2025-11-14T11:23:14Z |
| format | Journal Article |
| id | curtin-20.500.11937-84767 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:23:14Z |
| publishDate | 2020 |
| publisher | VNU Journal of Science |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-847672021-08-11T07:33:44Z Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship Nguyen, Tien Truong, Vu Bang Giang Theoretical literature review board firm performance multi-theoretical approach Recent reviews of research on company boards and firm performance relationship tend to criticise three of the main traditional theories on boards, namely Agency Theory (AT), Resource Dependence Theory (RDT), and Managerial Power Theory (MPT) for their narrow assumptions and focuses on a limited range of board tasks. This study provides a critical review on these above theories and promotes a direction towards an integrated approach with three important governance factors, namely board capability, board incentives, and CEO power for a better understanding of board-firm performance relationship. 2020 Journal Article http://hdl.handle.net/20.500.11937/84767 10.25073/2588-1108/vnueab.4317 English VNU Journal of Science fulltext |
| spellingShingle | Theoretical literature review board firm performance multi-theoretical approach Nguyen, Tien Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title | Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title_full | Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title_fullStr | Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title_full_unstemmed | Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title_short | Towards a Multi-theoretical Approach on the Board and Firm Performance Relationship |
| title_sort | towards a multi-theoretical approach on the board and firm performance relationship |
| topic | Theoretical literature review board firm performance multi-theoretical approach |
| url | http://hdl.handle.net/20.500.11937/84767 |