Boards' involvement in firm strategy : how can a board be effectively involved in strategy formulation and contribute to firm's successfulness

2006

Masteroppgave i økonomi og administrasjon 2006 - Høgskolen i Agder, Kristiansand The role of the board of directors in firm strategy has been subject of debate for a long time. Many researches have been done from different perspectives particularly on this issue. The purpose of this thesis is to study the role of the board of directors in firm strategy. This study will further investigate on how the board of directors can be effectively involved in strategy formulation for the firms and through this to contribute to the firms' successfulness. Board of directors is a group of individuals who are elected by the shareholders of a corporation and assigned to carry out certain tasks on behalf of…