Matches in SemOpenAlex for { <https://semopenalex.org/work/W1574162722> ?p ?o ?g. }
- W1574162722 endingPage "310" @default.
- W1574162722 startingPage "295" @default.
- W1574162722 abstract "Manuscript Type: Conceptual Research Question/Issue: This paper seeks to complement agency and stewardship perspectives regarding the governance of top managers by using insights from social categorization theory. Research Findings/Insights: This paper looks inside the black box of the control-performance relationship. We acknowledge that boards can positively influence organizational functioning by monitoring the top management team. However, we also argue that board control contains a hidden cost. The model we develop describes how control can highlight the distinction between principals and agents thereby causing the top management team to adopt a biased and less cooperative “us vs. them” orientation towards owners and their representatives. We contend this results in an increase in negative discretionary behavior and a decrease in positive discretionary behavior, which dampen the positive influence of control on firm performance. We also describe techniques for mitigating this unintended outcome of control. Theoretical/Academic Implications: Agency and stewardship theories offer alternative views of human nature and provide divergent prescriptions for governance. This paper presents social categorization theory as a complementary lens emphasizing a situational and social view of human nature that helps explain top managers' discretionary behaviors that influence firm performance. Practitioner/Policy Implications: Ongoing governance scandals are costly illustrations of unchecked managerial opportunism. They demonstrate the need for vigilant control. A control approach to governance, however, does not consistently improve firm performance. This paper offers an explanation. It acknowledges that board control is necessary, while arguing that it can have unwanted side effects. We describe two tools (individualization and social recategorization) that can be used to ameliorate these effects." @default.
- W1574162722 created "2016-06-24" @default.
- W1574162722 creator A5021924657 @default.
- W1574162722 creator A5031790873 @default.
- W1574162722 creator A5077757668 @default.
- W1574162722 date "2011-03-01" @default.
- W1574162722 modified "2023-10-16" @default.
- W1574162722 title "Governing Top Managers: Board Control, Social Categorization, and Their Unintended Influence on Discretionary Behaviors" @default.
- W1574162722 cites W17814881 @default.
- W1574162722 cites W1842390431 @default.
- W1574162722 cites W1967738945 @default.
- W1574162722 cites W1968003618 @default.
- W1574162722 cites W1968797226 @default.
- W1574162722 cites W1969129664 @default.
- W1574162722 cites W1969369266 @default.
- W1574162722 cites W1970326669 @default.
- W1574162722 cites W1973968415 @default.
- W1574162722 cites W1974345323 @default.
- W1574162722 cites W1978403340 @default.
- W1574162722 cites W1979858667 @default.
- W1574162722 cites W1982979754 @default.
- W1574162722 cites W1986357892 @default.
- W1574162722 cites W1986456478 @default.
- W1574162722 cites W1994860696 @default.
- W1574162722 cites W1997741243 @default.
- W1574162722 cites W2004441385 @default.
- W1574162722 cites W2015541788 @default.
- W1574162722 cites W2017897800 @default.
- W1574162722 cites W2027310619 @default.
- W1574162722 cites W2029899376 @default.
- W1574162722 cites W2031754154 @default.
- W1574162722 cites W2032969726 @default.
- W1574162722 cites W2033524266 @default.
- W1574162722 cites W2035782089 @default.
- W1574162722 cites W2036346521 @default.
- W1574162722 cites W2038718142 @default.
- W1574162722 cites W2040473432 @default.
- W1574162722 cites W2041790104 @default.
- W1574162722 cites W2045427766 @default.
- W1574162722 cites W2046070355 @default.
- W1574162722 cites W2050548405 @default.
- W1574162722 cites W2051811470 @default.
- W1574162722 cites W2052090842 @default.
- W1574162722 cites W2053514464 @default.
- W1574162722 cites W2053898698 @default.
- W1574162722 cites W2054294045 @default.
- W1574162722 cites W2054318868 @default.
- W1574162722 cites W2054960224 @default.
- W1574162722 cites W2056749799 @default.
- W1574162722 cites W2059804181 @default.
- W1574162722 cites W2061564019 @default.
- W1574162722 cites W2061566165 @default.
- W1574162722 cites W2064683644 @default.
- W1574162722 cites W2068123771 @default.
- W1574162722 cites W2073510467 @default.
- W1574162722 cites W2079324111 @default.
- W1574162722 cites W2079360357 @default.
- W1574162722 cites W2082372859 @default.
- W1574162722 cites W2084228493 @default.
- W1574162722 cites W2089740740 @default.
- W1574162722 cites W2090698267 @default.
- W1574162722 cites W2092364089 @default.
- W1574162722 cites W2095299437 @default.
- W1574162722 cites W2095376388 @default.
- W1574162722 cites W2096320953 @default.
- W1574162722 cites W2098158490 @default.
- W1574162722 cites W2105174148 @default.
- W1574162722 cites W2105434491 @default.
- W1574162722 cites W2110418331 @default.
- W1574162722 cites W2116188003 @default.
- W1574162722 cites W2116921386 @default.
- W1574162722 cites W2118907328 @default.
- W1574162722 cites W2126336658 @default.
- W1574162722 cites W2126891087 @default.
- W1574162722 cites W2129188456 @default.
- W1574162722 cites W2135138991 @default.
- W1574162722 cites W2136411613 @default.
- W1574162722 cites W2139480738 @default.
- W1574162722 cites W2141907114 @default.
- W1574162722 cites W2151683529 @default.
- W1574162722 cites W2160184254 @default.
- W1574162722 cites W2162251541 @default.
- W1574162722 cites W2162620934 @default.
- W1574162722 cites W2166076367 @default.
- W1574162722 cites W2168435677 @default.
- W1574162722 cites W2169595925 @default.
- W1574162722 cites W2324843366 @default.
- W1574162722 cites W2497585850 @default.
- W1574162722 cites W2752617332 @default.
- W1574162722 cites W3122135684 @default.
- W1574162722 cites W3122859634 @default.
- W1574162722 cites W3122966732 @default.
- W1574162722 cites W3123340585 @default.
- W1574162722 cites W3123562738 @default.
- W1574162722 cites W3124167759 @default.
- W1574162722 cites W3125429397 @default.
- W1574162722 cites W4212899454 @default.
- W1574162722 cites W4214656872 @default.