A Contingency Model of Boards of Directors and Firm Innovation: The Moderating Role of Firm Size

17 Pages Posted: 6 Aug 2013

See all articles by Fabio Zona

Fabio Zona

Bocconi University - Department of Management and Technology

Alessandro Zattoni

University of Bocconi - Strategic and Entrepreneurial Management

Alessandro Minichilli

Bocconi University - School of Management; Bocconi University - Department of Management and Technology

Date Written: September 2013

Abstract

This study asserts that the effects of board characteristics on firm innovation need to be evaluated with reference to contingency variables. A literature review suggests that relatively few studies adopt a contingency view when examining the outcomes of boards of directors. This study examines the influence on firm innovation of characteristics such as board size, outsider ratio and board diversity, and suggests that their influence is contingent upon firm size. The model is tested on a sample of Italian companies and finds support for the contingency hypothesis. This study advances research on boards of directors by emphasizing the importance of context.

Suggested Citation

Zona, Fabio and Zattoni, Alessandro and Minichilli, Alessandro, A Contingency Model of Boards of Directors and Firm Innovation: The Moderating Role of Firm Size (September 2013). British Journal of Management, Vol. 24, Issue 3, pp. 299-315, 2013. Available at SSRN: https://ssrn.com/abstract=2305466 or http://dx.doi.org/10.1111/j.1467-8551.2011.00805.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

Alessandro Minichilli

Bocconi University - School of Management ( email )

Via Bocconi 8
Milan, Milan 20136
Italy

Bocconi University - Department of Management and Technology ( email )

Via Roentgen 1
Milan, MI 20136
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
1
Abstract Views
1,191
PlumX Metrics