European Business Schools Librarian's Group

SSE/EFI Working Paper Series in Business Administration,
Stockholm School of Economics

No 2012:1: What makes for a value-creating corporate board? A literature synthesis and suggestions for research.

Markus Kallifatides () and Pernilla Petrelius Karlberg ()
Additional contact information
Markus Kallifatides: Dept. of Business Administration, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, SE-113 83 Stockholm, Sweden
Pernilla Petrelius Karlberg: Dept. of Business Administration, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, SE-113 83 Stockholm, Sweden

Abstract: In this literature review, we propose a synthesising view on what constitutes a value-creating corporate board. The review scopes ten academic journals in a 31 year period and is thematic/analytical rather than quantitative. Our judgement of profundity and quality of ideational content is the guiding principle for electing what scholarly work to highlight and include is the synthesis. We end up by proposing a route for future research on value-creating boards.

Keywords: corporate governance; boards of directors; value creating boards; literature review

19 pages, First version: November 21, 2012. Revised: June 25, 2013. Earlier revisions: January 15, 2013.

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