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April 1991
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20 Reads
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9 Citations
Long Range Planning
Although the planning operation is regarded by some observers as unrealistic in conditions of rapid change and increasing competition, the discipline of strategic thinking and the need for strategic leadership continue to be of vital importance. The author examines the purpose of the Board of Directors and its role in the management of strategy.
... However, the actual board behavior of directors is a variable that is hard to observe directly in reality. One possible way to examine this critical variable is to observe a director's absence at board meetings, as directors who are not present at these meetings will consequently not adequately perform their service and monitoring duties (Davies 1991;Vafeas 1999). Attending board meetings make directors more effective in exercising their role as advisors and monitors 3 (Nowland and Simon 2018). ...
April 1991
Long Range Planning
