Corporate governance has for some years been one of the most intensively discussed topics in business. Until now, accounting and compliance issues have primarily been at the centre of the debate. However, some authors have started to point out that it might be time to let these discussions move backstage and to focus on alternative aspects of corporate governance such as the question of how a board of directors may and should exert influence on the corporation’s strategy. Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. The objective of this article is to determine which role strategy committees play and have played within the corporate governance concept and to establish which tasks these committees routinely perform.

Startegy Committee, Corporate Governance, Development, Board