The Strategic Fit Between Board of Directors Characteristics and the External Environment, and its Effect on Firm Reputation

This study integrates upper echelons and contingency perspectives in examining the effects of boards of directors on firm reputation. First, using upper echelons theory, I derive hypotheses about how the human and social capital, and the demographic characteristics of the board affect corporate reputation. Second, I examine how fit with an ideal profile of board characteristics -- including board expertise, board social capital, and board demographic diversity -- impacts firm reputation. Finally, using a contingency perspective, I look at how the importance of fit with the ideal profile varies across different environmental characteristics. My results indicate that board-level expertise, social capital, and gender diversity have positive effects on firm reputation. Moreover, misalignment from the ideal board profile based on these three characteristics has a negative effect on firm reputation, and this effect is stronger for firms operating in industries with high need for legitimacy. This study seeks to contribute to strategy research and practice by proposing that corporate governance research and managerial practice can benefit from a perspective that considers a more nuanced picture of the board of directors.

Name thesis:degree_name

Doctor of Philosophy

Level thesis:degree_level

Doctoral

Discipline thesis:degree_discipline

Business Administration

Grantor

University of Houston

Year dc:date.issued

2012

Author dc:creator

• Velez-Castrillon, Susana 1977-

Advisor dc:contributor.advisor

• Vera, Dusya M.

Committee members dc:contributor.committeemember

• Werner, Steve
• Pathak, Seemantini M.
• Ramchand, Latha

• Board of directors
• Firm reputation
• Board human capital
• Board social capital
• Board demographic diversity

Statement dc:rights

• The author of this work is the copyright owner. UH Libraries and the Texas Digital Library have their permission to store and provide access to this work. Further transmission, reproduction, or presentation of this work is prohibited except with permission of the author(s).

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/10657/755

OAI identifier oai:identifier

oai:uh-ir.tdl.org:10657/755