文章基本信息

标题：Board composition and firm reputation: The role of business experts, support specialists and community influentials
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作者：Emma García-Meca ; Emma García-Meca ; Carlos J. Palacio 等
期刊名称：BRQ Business Research Quarterly
印刷版ISSN：2340-9436
出版年度：2018
卷号：21
期号：2
页码：111-123
DOI：10.1016/j.brq.2018.01.003
语种：English
出版社：Elsevier
摘要：AbstractThe objective of this paper is to analyze the influence of board resource diversity on firm reputation. We classify board members as business experts, support specialists, political directors and other community influentials, in an effort to address whether business, technical expertise or political ties in the boardroom affect stakeholders’ opinion and, therefore, firm reputation.This study confirms that not all outside directors are equally effective in improving firm reputation, and that certain kinds of outside directors, especially business experts, help increase it. However, the findings note an inverted U-shaped non-linear relationship with these directors, which means that the effect of business experts on reputation is positive up to a point, after which the relationship becomes negative. The findings also evidence that, contrary to popular beliefs, directors with previous experience as politicians are not negatively viewed by stakeholders. Moreover, this type of community influential directors has positive effects on firm reputation in regulated firms as well as in those of the public work sector.
关键词：Reputation;Board;Expertise;Corporate governance;Directors