1,721,022 research outputs found
Il contributo del capitale umano nel consiglio di amministrazione. Aspetti teorici ed evidenze empiriche
No full textIl ruolo del board human capital nel governo delle aziende. Profili teorici e riflessi sulla performance
No full textNel corso degli ultimi decenni, le aziende sono state chiamate a modificare radicalmente le risorse strategiche necessarie per il conseguimento del loro vantaggio competitivo, dove quelle immateriali ne sono diventate la principale fonte. Tra questi elementi un ruolo di primissimo piano è stato assunto dal capitale umano, quale insieme delle conoscenze, capacità e skills che i dipendenti di un’azienda possiedono in virtù del loro percorso formativo e lavorativo. La sua rilevanza è ancor più vera se riferita ai soggetti responsabili del governo aziendale, e cioè i membri del consiglio di amministrazione (CdA). La letteratura evidenzia come il board capital rappresenti la principale determinante dell’efficace espletamento di tutti i ruoli di governance, consentendo quindi di risolvere la competizione esistente tra i diversi approcci teorici di riferimento.
Il presente lavoro si inserisce in tale dibattito con l’intento di approfondire il ruolo e le implicazioni del board human capital per il governo e la performance d’impresa. In particolare, l’elaborato traccia la traiettoria delle ricerche sul tema partendo dall’analisi del più ampio costrutto del capitale intellettuale nei tre ambiti operativi dell’economia-aziendale (i.e. rilevazione, organizzazione, gestione-strategia), per poi sbarcare nei confini della corporate governance, attraverso l’esame del board human capital. Ciò nel tentativo di sviluppare alcune tassonomie circa le fonti, le tipologie e le configurazioni assunte dalla risorsa in commento, nonché di sistematizzarne i riflessi economici. La trattazione teorica è, inoltre, supportata da due indagini empiriche aventi ad oggetto le implicazioni del capitale umano del CdA per la performance economica e innovativa delle aziende italiane. Le riflessioni emerse conducono, infine, all’elaborazione di un modello concettuale di sintesi che, se da un lato rappresenta un possibile punto di riferimento per gli studi futuri sul tema, dall’altro fornisce alcuni suggerimenti ai practitioners circa le best practices da adottare in termini di board human capital
Board industry expertise and innovation input: evidence on the curvilinear relationship and the moderating effect of CEO
No full textPurpose – The study empirically investigates whether the board of directors’ expertise in the focal firm’s industry has implications for innovation input. Additionally, it explores how this relationship is shaped by the CEO’s educational level and background in the technology area.
Design/methodology/approach – The article tests the hypothesized relationships through the Arellano–Bond generalized method of moment estimators, proxying innovation input by R&D to total sales. Moreover, it analyses a sample of privately-held Italian medium and large high-tech companies observed over four years by relying on a unique hand-collected dataset.
Findings – The research documents an inverted U-shaped relationship between board industry expertise and innovation input and shows that such curvilinear effect is moderated by the CEO’s educational level and technology background. Specifically, while the curvilinear slope is less steep for highly educated CEO, it becomes steeper in the presence of technology trained CEO.
Practical implications – The paper recommends how to shape the board human capital as a meaningful driver of board effectiveness and innovation. Additionally, it calls the managerial attention towards the interaction and the interplay between board industry expertise and CEO education as able to influence the above-mentioned outcome.
Originality/value – While previous studies have focused on the linear and positive effect of board industry expertise on innovation, this research advances current knowledge in innovation management literature by testing the presence of a curvilinear relationship. Moreover, by exploring the moderating effect of CEO education, the paper provides a comprehensive picture on the interplay among board industry expertise, CEO educational training and innovation input
The Structure and the Evolution of the Healthcare Governance Field: a Bibliometric and Topical Content Analysis
No full textThe role of board educational and functional background heterogeneity for firm innovation: lessons from the high-tech context
No full textFunctional Expertise and Firm Innovation: an Empirical Study on Female Board Members
No full textIn the wave of upper echelons theory, scholars have devoted an increasing interest towards the implications of top managerial characteristics on company outcomes, especially in terms of professional expertise and experience. However, less attention has been paid to the contribution that the female managers’ background can offer to the board decision-making. With this in mind, the aim of the paper is to explore whether and how the functional expertise of female directors affects the company innovation. By relying on the classification of functional expertise provided by Hambrick and Mason (1984), the article empirically examines a sample of Italian firms belonging to technological industries through ordinary least squares regression analyses. In particular, it tests the effects of the expertise of female directors in throughput, output and peripheral functions on innovation in terms of R&D. The empirical evidence documents that the functional expertise of women directors influences firm innovation in given circumstances. More specifically, female directors with throughput functional background increase company innovation, while peripheral functional expertise of female directors limits R&D. Different results are reported for the output functional expertise, as female directors with such background seem to not affect company innovation. The paper enriches the existing debate on the managerial expertise of female directors as it disentangles the effect of the three specifications of managerial functional expertise for innovation. At the same time, the paper has significance for practitioners as it suggests companies to promote the appointment of female board members directors according to their functional expertise
Exploring healthcare governance literature: Systemathic review and paths for future research
No full textThe paper aims to illustrate the stance of existing research on governance in healthcare organizations, in order to appreciate the structure of literature and its evolution. More specifically, thorough a keywords analysis of 91 articles published in 1985-2010 time-frame, the article attempts to understand how setting peculiarities affect the healthcare governance field and to provide some suggestions for future research. The findings enlighten the existence of three main research streams, as well as the absence of a research evolution. The novelty of the paper relies on its contributions for academics by providing a keywords map as useful tool to understand greatest concentration areas and vice versa never investigated issues whereon focus future effort
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