Zhang, Pingying - In: Journal of Management and Governance 17 (2013) 3, pp. 745-765
In this paper we develop and test a theoretical model that reduces relational risks to solve the puzzle of conflicting …—board control and service tasks—through examining relational risks between the board and the CEO. We also present two mechanisms … that could reduce relational risks. One is board power over the CEO, and the other board trust in the CEO. Practitioners …