A Study of the Association between Functions of Independent Directors and Competitive Strategy
Date Issued
2010
Date
2010
Author(s)
Hsieh, Hung-Jie
Abstract
This study is about the association between functions of independent directors and competitive strategy. The functions of independent directors were classified as (1) control task and (2) service task. Specifically, control task can be subdivided into (a) behavioural control task and (b) output control task. Similarly, service task can be subdivided into (c) advice and counsel task (d) networking and lobbying task. Moreover, the competitive strategies were classified as (i) cost leadership strategy and (ii) differentiation strategy.
A questionnaire was mailed to 711 independent directors representing different industries. 133 completed questionnaires were received from independent directors, for a response rate of 18.71%. Moreover, in order to understand effect of independent director mechanism in Taiwan, we also investigate the background and expertise of each respondent.
This study concluded that (a) Cost leadership strategy correlates with behavioural control task, output control task and advice and counsel task. (b) Differentiation strategy correlates with all the functions of independent directors. In other words, differentiation strategy may stress strong emphasis on functions of independent directors.
Subjects
Independent Director
Competitive Strategy
Board Task and functions of independent directors
Type
thesis
File(s)![Thumbnail Image]()
Loading...
Name
ntu-99-R97722030-1.pdf
Size
23.32 KB
Format
Adobe PDF
Checksum
(MD5):ccc1a678a0b051a678a47d28353fbd01