Beyond the Black Box of Demography: Board Processes and Task Effectiveness Within Italian Firms

13 Pages Posted: 1 Oct 2007

See all articles by Fabio Zona

Fabio Zona

Bocconi University - Department of Management and Technology

Alessandro Zattoni

University of Bocconi - Strategic and Entrepreneurial Management

Abstract

In this paper we analyse boards of directors as workgroups, i.e. groups of people that perform one or more tasks within an organisational context. Building on previous studies, we developed a model that relates group's social-psychological processes to three different board tasks: service, monitoring and networking. We tested our model through a survey on 301 large manufacturing firms in Italy. Our findings support the idea that (a) process variables and, to a limited extent, demographic variables significantly influence board task performance; (b) board processes have a different impact on each specific board task; (c) board task performance varies depending upon firm and industry characteristics.

Suggested Citation

Zona, Fabio and Zattoni, Alessandro, Beyond the Black Box of Demography: Board Processes and Task Effectiveness Within Italian Firms. Corporate Governance: An International Review, Vol. 15, No. 5, pp. 852-864, September 2007, Available at SSRN: https://ssrn.com/abstract=1017391 or http://dx.doi.org/10.1111/j.1467-8683.2007.00606.x

Fabio Zona (Contact Author)

Bocconi University - Department of Management and Technology ( email )

Via Roentgen 1
Milan, MI 20136
Italy

Alessandro Zattoni

University of Bocconi - Strategic and Entrepreneurial Management ( email )

Via Bocconi 8
Milan, Milan 20136
Italy

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