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Mismatch in the BoardroomSimon C. Y. WongNorthwestern University School of Law; London School of Economics; McKinsey & Co. Inc. The Conference Board Review, Winter 2012 Abstract: This article argues that disparity in stature between the chief executive and other directors (for example, a 'star' CEO whose accomplishments and renown are much greater that the non-executive directors) can harm board performance and provides suggestions on how boards can maintain stature parity among their members so as to preserve their standing and authority. Note: This article is drawn in part from 'Elevating board performance: The significance of director mindset, operating context, and other behavioral and functional considerations' (available at http://ssrn.com/abstract=1832234).
Number of Pages in PDF File: 2 Keywords: board of directors, star CEOs, relative status, group dynamics and behavior JEL Classification: G34, D23, D82 Date posted: February 3, 2012Suggested CitationContact Information
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