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The board: a change agent?

Kolltveit, Bjørn; Hennestad, Bjørn; Grønhaug, Kjell
Journal article, Peer reviewed
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Kolltveit_mfl_2012_BJM.pdf (125.8Kb)
URI
http://hdl.handle.net/11250/93850
Date
2012
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  • Scientific articles [1334]
Original version
10.1108/17465261211219804
Abstract
Purpose – The purpose of this paper is to provide insight into why shareholders often claim

dissatisfaction with the results delivered by their boards. A central reason is that boards fail to get

their critical decisions effectively implemented. The paper also focuses on whether boards apply

essentials developed in the change management discipline.

Design/methodology/approach – The research is based on a study of board documents to capture

what boards actually do. The documents were compiled from two Norwegian companies during the

1993-2005 period. A content analysis was the analytic tool.

Findings – The research indicates that boards apply rational and deterministic approaches to

implement critical decisions. It also reveals that boards tend to overlook essentials from the change

management discipline. The paper identifies the potential for improved board effectiveness in

implementing critical decisions.

Research limitations/implications – The main limitation of this research is that several

observations may threaten the generalizability of the findings. However, the limitations may provide

opportunities for further research.

Practical implications – Boards should motivate the chief executive officer and top management to

apply a change management perspective in implementing critical decisions. To do so, board members

must understand the critical decisions and ask appropriate questions.

Originality/value – The main value of this paper pertains to the contribution regarding why

shareholders claim dissatisfaction with board-delivered results.
Description
This is the authors’ final, accepted and refereed manuscript to the article published in Baltic Journal of Management
Publisher
Emerald Group Publishing Ltd
Journal
Baltic Journal of Management

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