What Board Members Do? How the Roles of Executives and Non-Executives Differ

10 Pages Posted: 11 Mar 2016

See all articles by Ioannis P. Gkliatis

Ioannis P. Gkliatis

Hellenic Observatory of Corporate Governance (HOCG); University of Hertfordshire - Business School; Gnosis Management Consultants

Dimitrios N. Koufopoulos

Gnosis Management Consultants; HOCG (Hellenic Observatory of Corporate Governance; Queen Mary University of London - Centre for Commercial Law Studies (CCLS)

Date Written: March 11, 2016

Abstract

The paper first discusses the board roles as found in the existing literature and identifies the different terms that have been constantly used, to describe similar activities. By examining the roles under agency and resource dependence theories - two of the most dominant theoretical perspectives in corporate governance - the paper attempts to propose a clear set of roles that can be used for future studies. Secondly, the paper argues that most studies research the board’s roles as a whole, while it is important to differentiate between the roles of executives vs. non-executives.

Keywords: Board roles, corporate governance, executive directors, independent directors

Suggested Citation

Gkliatis, Ioannis P. and Koufopoulos, Dimitrios N. and Koufopoulos, Dimitrios N., What Board Members Do? How the Roles of Executives and Non-Executives Differ (March 11, 2016). Available at SSRN: https://ssrn.com/abstract=2746422 or http://dx.doi.org/10.2139/ssrn.2746422

Ioannis P. Gkliatis (Contact Author)

Hellenic Observatory of Corporate Governance (HOCG) ( email )

83 Rodney Court
6-8 Maida Vale
London, W9 1TJ
United Kingdom

HOME PAGE: http://www.hocg.eu

University of Hertfordshire - Business School

De Havilland
Hatfield, Hertfordshire AL10 9AB
United Kingdom

Gnosis Management Consultants ( email )

London
United Kingdom

HOME PAGE: http://www.gnosisconsultants.com

Dimitrios N. Koufopoulos

Gnosis Management Consultants ( email )

London
United Kingdom

HOME PAGE: http://www.gnosisconsultants.com

HOCG (Hellenic Observatory of Corporate Governance ( email )

83 Rodney Court
6-8 Maida Vale
London, W9 1TJ
United Kingdom

HOME PAGE: http://www.hocg.eu

Queen Mary University of London - Centre for Commercial Law Studies (CCLS) ( email )

Charterhouse Square
London, EC1M 6AX
United Kingdom

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