[PDF] Board of Directors profiles Abunayyan is widely recognized as

What is the role of a board of directors?

Such boards monitor and evaluate CEO and company performance, and take appropriate actions to ensure organizational effectiveness. By per- forming this role, directors protect the interests of shareholders. Finally, powerful boards play a crucial role in creating corporate identity.

What is the relative power of CEOs and boards of directors?

The Relative Power of CEOs and Boards of Directors 143 involved in performing their roles. Respondents were asked to rate their boards on two seven- point semantic differential items. The items were: passive vs. active, and uninvolved vs. involved. An illustrative item was:

What are the characteristics of the board?

Respondents were asked to rate CEO power, board power, and five characteristics of the boards. These include independence, expertise, role involvement, representation, and ethical conduct. In addition, respondents provided data on board composition and process, as described below.

What is the board power score?

The 142 John A. Pearce II and Shaker A. Zahra second set of responses was plotted on the y-axis as the 'Board power score' (ot = 0.79). By dichotomizing CEO and board scores at the median (low vs. high), a 2x2 matrix was created that depicted four categories of boards.