Construct · 1 fields · 1 citations

CEO-board social ties: a standalone construct

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Corporate governance

friendship and social connection between a CEO and outside directors, which increases advice and counsel from the board.

In corporate governance, CEO-board social ties refers to friendship and social connection between a CEO and outside directors, which increases advice and counsel from the board. This meaning comes from Westphal (1999) in Academy of Management Journal.[1]

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Nearby constructs

board independence1 fields · 1 citationsanchor · a standalone construct board1 fields · 1 citationsanchor · a standalone construct governance4 fields · 5 citationsjingle · one word, four constructs

References

Westphal, J. D. (1999). Collaboration in the Boardroom: Behavioral and Performance Consequences of Ceo-board Social Ties. Academy of Management Journal, 42(1), 7-24. https://doi.org/10.2307/256871

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