Self-Management: Its Control and Relationship to Other Organizational Properties
- 1 July 1983
- journal article
- Published by Academy of Management in Academy of Management Review
- Vol. 8 (3) , 445-453
- https://doi.org/10.5465/amr.1983.4284594
Abstract
Most organization theorists believe that boards of directors in large American corporations are dominated by management. This paper argues that this view is based on a problematic definition of control. Several distinctions between long run and short run control are presented, and a framework in which boards of directors have control over managers is suggested. Case examples are given and possible objections are confronted. Finally, an agenda for further research on board-management relations is offered.Keywords
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