Guiding the governance system for the future using dynamic modelling techniques

This study develops an equation allowing family businesses to have an optimal board structure in terms of size and composition through a dynamic mathematical modelling technique. The project- or product-type, growth opportunity and objectives that the business needs to achieve and the CEO influence...

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Main Author: Fahed-Sreih, Josiane (author)
Other Authors: Khalife, Joe (author)
Format: article
Published: 2017
Online Access:http://hdl.handle.net/10725/7338
https://doi.org/10.1504/IJCG.2017.085236
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.inderscienceonline.com/doi/abs/10.1504/IJCG.2017.085236
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author Fahed-Sreih, Josiane
author2 Khalife, Joe
author2_role author
author_facet Fahed-Sreih, Josiane
Khalife, Joe
author_role author
dc.creator.none.fl_str_mv Fahed-Sreih, Josiane
Khalife, Joe
dc.date.none.fl_str_mv 2017
2018-04-11T13:06:51Z
2018-04-11T13:06:51Z
2018-04-11
dc.identifier.none.fl_str_mv 1754-3037
http://hdl.handle.net/10725/7338
https://doi.org/10.1504/IJCG.2017.085236
Fahed-Sreih, J., & Khalife, J. (2017). Guiding the governance system for the future using dynamic modelling techniques. International Journal of Corporate Governance, 8(1), 25-43.
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.inderscienceonline.com/doi/abs/10.1504/IJCG.2017.085236
dc.language.none.fl_str_mv en
dc.relation.none.fl_str_mv International Journal of Corporate Governance
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.title.none.fl_str_mv Guiding the governance system for the future using dynamic modelling techniques
dc.type.none.fl_str_mv Article
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description This study develops an equation allowing family businesses to have an optimal board structure in terms of size and composition through a dynamic mathematical modelling technique. The project- or product-type, growth opportunity and objectives that the business needs to achieve and the CEO influence on board, are not considered as determinants of the board size. It was also found that firm size and network links are positively related to both board size and composition. The only factor that is negatively related to board size and composition is market competitiveness. Those that are negatively related to board composition, are the project or product type, inside ownership, growth opportunity and age of the family business. Through this study and the unique mathematical model technique adopted, family businesses can identify which factor can be a determinant of board size and composition, and their relation with each, developing an optimal board structure.
eu_rights_str_mv openAccess
format article
id LAURepo_0bd47bdd1f177de7e83fa7723039331a
identifier_str_mv 1754-3037
Fahed-Sreih, J., & Khalife, J. (2017). Guiding the governance system for the future using dynamic modelling techniques. International Journal of Corporate Governance, 8(1), 25-43.
language_invalid_str_mv en
network_acronym_str LAURepo
network_name_str Lebanese American University repository
oai_identifier_str oai:laur.lau.edu.lb:10725/7338
publishDate 2017
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spelling Guiding the governance system for the future using dynamic modelling techniquesFahed-Sreih, JosianeKhalife, JoeThis study develops an equation allowing family businesses to have an optimal board structure in terms of size and composition through a dynamic mathematical modelling technique. The project- or product-type, growth opportunity and objectives that the business needs to achieve and the CEO influence on board, are not considered as determinants of the board size. It was also found that firm size and network links are positively related to both board size and composition. The only factor that is negatively related to board size and composition is market competitiveness. Those that are negatively related to board composition, are the project or product type, inside ownership, growth opportunity and age of the family business. Through this study and the unique mathematical model technique adopted, family businesses can identify which factor can be a determinant of board size and composition, and their relation with each, developing an optimal board structure.PublishedN/A2018-04-11T13:06:51Z2018-04-11T13:06:51Z20172018-04-11Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article1754-3037http://hdl.handle.net/10725/7338https://doi.org/10.1504/IJCG.2017.085236Fahed-Sreih, J., & Khalife, J. (2017). Guiding the governance system for the future using dynamic modelling techniques. International Journal of Corporate Governance, 8(1), 25-43.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttps://www.inderscienceonline.com/doi/abs/10.1504/IJCG.2017.085236enInternational Journal of Corporate Governanceinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/73382021-03-19T09:10:13Z
spellingShingle Guiding the governance system for the future using dynamic modelling techniques
Fahed-Sreih, Josiane
status_str publishedVersion
title Guiding the governance system for the future using dynamic modelling techniques
title_full Guiding the governance system for the future using dynamic modelling techniques
title_fullStr Guiding the governance system for the future using dynamic modelling techniques
title_full_unstemmed Guiding the governance system for the future using dynamic modelling techniques
title_short Guiding the governance system for the future using dynamic modelling techniques
title_sort Guiding the governance system for the future using dynamic modelling techniques
url http://hdl.handle.net/10725/7338
https://doi.org/10.1504/IJCG.2017.085236
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
https://www.inderscienceonline.com/doi/abs/10.1504/IJCG.2017.085236