Not logged in.

Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Decision making dynamics in corporate boards
Organization Unit
Authors
  • Stefano Battiston
  • Eric Bonabeu
  • Gérard Weisbuch
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Physica A: Statistical Mechanics and its Applications
Publisher Elsevier
Geographical Reach international
ISSN 0378-4371
Volume 322
Page Range 567 - 582
Date 2003
Abstract Text Members of boards of directors of large corporations who also serve together on an outside board, form the so-called interlock graph of the board and are assumed to have a strong influence on each others’ opinion. We here study how the size and the topology of the interlock graph affect the probability that the board approves a strategy proposed by the Chief Executive Officer. We propose a measure of the impact of the interlock on the decision making, which is found to be a good predictor of the decision dynamics outcome. We present two models of decision making dynamics, and we apply them to the data of the boards of the largest US corporations in 1999.
Digital Object Identifier 10.1016/S0378-4371(02)01930-1
Other Identification Number merlin-id:10157
PDF File Download from ZORA
Export BibTeX
EP3 XML (ZORA)