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2017 | OriginalPaper | Buchkapitel

Making Relationships Matter: Director Interlocks and Fortune 500 Performance, 1996–2007

verfasst von : Mark Abdollahian, John Thomas, Zining Yang, Rita Chiang

Erschienen in: Advances in Human Factors, Business Management, Training and Education

Verlag: Springer International Publishing

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Abstract

Board memberships are critical to Fortune 500 performance, providing access to sectoral knowledge or resources, management expertise, and capital. How can companies strategically target new directorships to maximize financial returns? We explore how director interlocks impact Fortune 500 ranking performance from 1996 to 2007, combining traditional financial indicators with board membership composition through social network analysis. We benchmark how key business drivers influence Fortune ranking, and then employ social network metrics of centrality and structure to show how interlocking directorships affect outcomes. We then subsequently perform dynamic panel regression techniques to estimate financial impact across sectors. Strategically selecting board memberships has a large potential return on investment, different sectors and ranking level, which can impact firms’ bottom lines by billions of dollars and tens of Fortune 500 ranking points.

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Vorheriges Kapitel Safety Management Tasks at Different Management Levels
Nächstes Kapitel Contemporary Labour and Human Resources Management as Seen by the Production Sector And The Judiciary Employees
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Metadaten
Titel
Making Relationships Matter: Director Interlocks and Fortune 500 Performance, 1996–2007
verfasst von
Mark Abdollahian
John Thomas
Zining Yang
Rita Chiang
Copyright-Jahr
2017
Buch
Advances in Human Factors, Business Management, Training and Education

Print ISBN: 978-3-319-42069-1

Electronic ISBN: 978-3-319-42070-7

Copyright-Jahr: 2017

DOI
https://doi.org/10.1007/978-3-319-42070-7_105