Abstract

https://ssrn.com/abstract=2839855
 


 



Groupthink in the Boardroom - The Good, the Bad and the Ugly


Antoine Canet


Maastricht University, Faculty of Law, Students

June 10, 2016


Abstract:     
In this paper, I look at the psychological phenomenon of groupthink in a corporate setting. Group dynamics and the study thereof can significantly contribute to understanding the decision-making in corporate boards of directors. This paper portrays the multiple facets groupthink has. It shows that strong cohesion inside the boardroom does not necessarily entail inaptitude of the board to function well, however, it also demonstrates that groupthink has contributed to the greatest corporate scandals of the last decades. It concludes that groupthink has the ability to significantly impair good corporate governance and as such should be subject to enhanced scrutiny by regulators.

Number of Pages in PDF File: 22

Keywords: groupthink, board of directors, boardroom, corporate governance, governance


Open PDF in Browser Download This Paper

Date posted: September 22, 2016  

Suggested Citation

Canet, Antoine, Groupthink in the Boardroom - The Good, the Bad and the Ugly (June 10, 2016). Available at SSRN: https://ssrn.com/abstract=2839855

Contact Information

Antoine Canet (Contact Author)
Maastricht University, Faculty of Law, Students ( email )
Maastricht
Netherlands
Feedback to SSRN


Paper statistics
Abstract Views: 148
Downloads: 44