Editorial: Corporate board structure, strategy and performance in uncertain times

Igbekele Sunday Osinubi

doi:10.22495/cbv17i3editorial

Abstract

Corporate managers make choices that seek to improve the performance of their organisation. These decisions involve interpreting and framing the environment, developing and implementing programmes and services, and creating processes and structures to monitor and control resources for optimal impact (Brown & Iverson, 2004). Board performs a critical function to monitor environmental trends that might affect organisational performance. The strategy adopted by the corporate board will have a considerable impact on their performance. The literature also suggests that the composition of the board will be contingent upon the characteristics of the firm’s external environment, the demands of its strategy and the salient contextual factors and the past financial performance of the company (Pfeffer & Salancik, 1978). These issues are addressed in the collection of high-quality papers in this issue of Corporate Board: Role, Duties and Composition.

Highlights

Corporate managers make choices that seek to improve the performance of their organisation
The strategy adopted by the corporate board will have a considerable impact on their performance
The literature suggests that the composition of the board will be contingent upon the characteristics of the firm‟s external environment, the demands of its strategy and the salient contextual factors and the past financial performance of the company (Pfeffer & Salancik, 1978)

Summary

Dear readers!

Corporate managers make choices that seek to improve the performance of their organisation. From its corporate governance and strategic management analysis, Barington recommended that L Brands improve the composition of its board of directors whose deficiencies in director independence, industry experience, and diversity hindered its ability to effectively oversee and advise strategic management. The papers in this issue use a wide range of methodologies and provide insightful findings that may trigger future research in various corporate governance challenging issues, providing a solid contribution to the previous literature and are recommended for researchers and readers looking for some of the latest trends in the field.

Governance and Organizational

Academy of Management