Board Committees in Corporate Governance: A Cross-Disciplinary Review and Agenda for the Future

Authors

Kalin Kolev, Marquette UniversityFollow
David B. Wangrow, Marquette UniversityFollow
Vincent L. Barker III, University of Kansas
Donald J. Schepker, University of South Carolina

Document Type

Article

Publication Date

9-2019

Publisher

Wiley

Source Publication

Journal of Management Studies

Source ISSN

0022-2380

Original Item ID

DOI: 10.1111/joms.12444

Abstract

The importance of board committees – specialized subgroups that exist to perform many of the board's most critical functions, such as setting executive compensation, identifying potential board members, and overseeing financial reporting – has grown over time due to increased legal requirements and greater complexity of the environment in which firms operate. This has resulted in a large body of work examining board committees across the accounting, finance, and management disciplines. However, this research has developed rather independently within each discipline, preventing scholars and practitioners from developing a comprehensive understanding of board committees. To address this issue, we conduct a comprehensive review of the literature that: 1) summarizes and synthesizes antecedents and outcomes associated with board committees in publicly-traded firms in English common law countries; and 2) offers a critical analysis of existing research, providing recommendations for advancements and new directions in board committee research.

Comments

Accepted version. Journal of Management Studies, Vol. 56, No. 6 (September 2019): 1138-1193. DOI. © 2019 Wiley. Used with permission.

Recommended Citation

Kolev, Kalin; Wangrow, David B.; Barker, Vincent L. III; and Schepker, Donald J., "Board Committees in Corporate Governance: A Cross-Disciplinary Review and Agenda for the Future" (2019). Management Faculty Research and Publications. 368.
https://epublications.marquette.edu/mgmt_fac/368