A4 Refereed article in a conference publication

Knitting company performance and board interlocks: An exploration with the finnish software industry




AuthorsHyrynsalmi S., Suominen A., Ruohonen J., Seppänen M., Järvi A.

EditorsArto Ojala, Helena Holmström Olsson, Karl Werder

Conference nameInternational Conference of Software Business

PublisherSpringer Verlag

Publication year2017

JournalLecture Notes in Business Information Processing

Book title Software Business. ICSOB 2017

Journal name in sourceLecture Notes in Business Information Processing

Series titleLecture Notes in Business Information Processing

Volume304

First page 67

Last page81

Number of pages15

ISBN978-3-319-69190-9

eISBN978-3-319-69191-6

ISSN1865-1348

DOIhttps://doi.org/10.1007/978-3-319-69191-6_5


Abstract

A board of directors is a supreme organism of a modern company. Often, a single board member has a place in several companies’ management teams. This is called a board interlock and its impact on a single board member, companies and the economics on the whole has been studied for decades. However, there is a lack of understanding how software companies’ board of directors interlock as the field is driven by knowledge and relations more heavily than the other fields. Therefore, well-connected board members could be a vital competitive advantage for companies. This study presents a quantitative analysis of 262 Finnish software companies, their boards and performance. The results show that neither high board interlocks nor foreign board members are remarkably related on the performance of companies. The implications of the findings are discussed and future research inquiries are proposed.



Last updated on 2024-26-11 at 23:13