The ‘Ties that Bind’ Board Interlocks Research: A Systematic Review
The ‘Ties that Bind’ Board Interlocks Research: A Systematic Review
复制标题
“具有约束力的纽带”董事会联锁研究：系统回顾
DOI：
10.1108/mrr-02-2015-0027
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发表时间：
2016
期刊：
影响因子：
--
通讯作者：
Philip T. Roundy
中科院分区：
文献类型：
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作者：
Nai H. Lamb;Philip T. Roundy
目的
董事会连锁是一种普遍存在的现象，也是公司治理研究中最具活力的课题之一。然而，尽管持续的学术兴趣在联锁，还没有一个全面的文献回顾了近二十年。为了解决这个需要一个最新的审查，本文的目的是进行评估和整合的实证研究板联锁。
设计/方法/方式
在审查董事会联锁文献，“系统性审查”的方法，强调方法的严谨性和透明度，已被使用。使用这种方法，已识别出成为本分析焦点的81篇实证论文。
结果
本综述表明，董事会联锁研究可以分类的基础上使用的理论透镜，其重点是前因或联锁活动的结果和研究的角度（即公司或董事级别）。此外，还确定了一些共同审查的主题。在文献中也发现了一些意想不到的遗漏。例如，人们发现，学者们既没有研究在全球范围内从事连锁的影响，也没有探讨国际连锁现象（即位于不同国家的公司之间的连锁）。
独创性/价值
在开发一个更深入的了解董事会联锁文学，这篇评论确定了几个主题和学科，如果追求，可以丰富的文学和开放的前景广阔的途径，为未来的研究。
Purpose
Board interlocks are a phenomenon of widespread prevalence and one of the most vibrant topics in corporate governance research. However, despite sustained academic interest in interlocks, there has not been a comprehensive review of the literature in nearly two decades. To address this need for an up-to-date review, this paper aims to conduct an assessment and integration of the empirical research on board interlocks.
Design/methodology/approach
In reviewing the board interlocks literature, the “systematic review” approach, which emphasizes methodological rigor and transparency, has been used. Using this method, 81 empirical papers that became the focus of this analysis have been identified.
Findings
This review reveals that board interlocks research can be categorized based on the theoretical lens used, its focus on antecedents or outcomes of interlock activities and the perspective of the study (i.e. firm- or director-level). Moreover, a number of commonly examined themes have been identified. Several unexpected omissions in the literature have also been uncovered. For instance, it was found that scholars have neither examined the implications of engaging in interlocks in a global context nor have they explored the phenomenon of international interlocks (i.e. interlocks between firms located in different countries).
Originality/value
In developing a deeper understanding of the board interlocks literature, this review identifies several topics and disciplines that, if pursued, could enrich the literature and open promising avenues for future research.