Boards of directors: a literature review

Abstract

Purpose

The purpose of this paper is to present a literature review of research on board size, structure, and independence. The paper also reviews research on director voting, and discusses recent work on “busy” directors and board diversity.

Design/methodology/approach

The authors limited the review to a focused set of research areas.

Findings

The authors summarize the research on boards of directors and note that research on this important topic should continue.

Originality/value

This review is intended to summarize the literature on boards of directors.

Citation

Garner, J., Kim, T.-y. and Yong Kim, W. (2017), "Boards of directors: a literature review", Managerial Finance, Vol. 43 No. 10, pp. 1189-1198. https://doi.org/10.1108/MF-07-2017-0267