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Statistics of a frequency of board meetings 

Statistics of a frequency of board meetings 

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Table 2 Classification of the 24 selected public enterprises by...
Table 4 Number of SPCA units by occupation
Table 5 Descriptive statistic of outside directors in public enterprise 
Table 9 Statistics of a frequency of board meetings 
+20 Table 10 Result of Wilcoxon's signed rank test 
Governance change and its impact on board decision-making
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  • Jan 2012
This study analysed how a new Korean Government regulation influenced the public enterprise board's structures, processes, and decision-making. Furthermore, this research examines factors influencing board's decision-making. To undertake these board studies, meeting minutes which had been recorded in stenographic form were used. The analyses demons...
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... Arguments in favour of board independence are grounded largely in agency literature. Because they possess a greater level of detachment and objectivity and are more likely to question management decisions, many have argued that independent directors are better monitors (Bryant and Davis, 2012;Fama and Jensen, 1983;Jong Seop et al., 2012). Many corporations have tried to improve the independence of their boards by ensuring that the board leadership is also independent through either a separation of the role of CEO and Chairman of the Board or by the appointment of a lead director. ...
Strategic use of corporate and scientific boards in the internationalisation of biotech firms
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Full-text available
  • Jan 2015
Biotech firms are faced with particularly complex decisions early in their development. Because of the specific nature of their products, their growth strategy rapidly entails the internationalisation of their activities, especially through alliances. Small and medium-sized enterprises (SMEs) wishing to develop and access complementary skills may use corporate boards and scientific advisory boards. The resource-based view provides a compelling rationale for efficiently using these external sources of knowledge in order to access the key resources SMEs need to improve their performance. This study investigates how corporate and scientific advisory boards are involved in the internationalisation of biotech firms through strategic alliances. Based on semi-structured interviews and secondary data from 22 biotechnology firms, we describe the characteristics of these external sources of strategic advice and explore their impact on the firms' internationalisation. A discussion of the results, along with their implications for future research and managerial practices are also presented.
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