{"id":4496,"date":"2023-02-23T15:44:54","date_gmt":"2023-02-23T15:44:54","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/about-the-board-ceo-upper-echelon\/"},"modified":"2023-02-23T15:44:54","modified_gmt":"2023-02-23T15:44:54","slug":"about-the-board-ceo-upper-echelon","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/about-the-board-ceo-upper-echelon\/","title":{"rendered":"About the Board, CEO, &#8216;Upper Echelon&#8217;"},"content":{"rendered":"<p>1) What if there is an&nbsp;<strong>\u201cInterlocking Board of Directors\u201d<\/strong>? (Mizruchi, 8\/1996). This entity refers to the practice of members of a \u201ccorporate board of directors\u201d that serve on other \u201ccorporate boards of directors\u201d for multiple corporations at the same time, e.g., a board member on McDonald\u2019s board \u201cinterlocks\u201d (or serves) as board member of Burger King\u2019s board. Could this be? What\u2019s wrong with this picture? Why? Why not?<\/p>\n<p>2) What regulations exist that govern this area of corporate governance? Also, \u201cwhich\u201d board (of the 2 or more boards that he\/she is on)&nbsp;<em><strong>\u201cmeans\u201d<\/strong><\/em>&nbsp;more to that member? Or, maybe, which board will benefit the member most?<\/p>\n<p>3) What is the \u201ccollective\u201d interest of the board members\u2019 view towards success of the corporation? Isn\u2019t that superseded by each board member\u2019s \u201cindividualistic\u201d interest? Are both equally important? Could that be?<\/p>\n<p>4) Does culture matter? And, which culture matters: 1) \u201cnational\u201d or \u201cindividualistic\u201d culture, or, 2) his\/her \u201corganizational\u201d culture? Are both cultures the same?&nbsp;<strong>\u201cGoogle-around a bit\u201d!!<\/strong><\/p>\n<p>5) Also, any thoughts on the following interesting post by a former student of mine:&nbsp;<em><strong>\u201cThe problem of \u201cChairman of the Board-CEO\u201d duality is no one is willing to challenge his (her) decisions on an everyday basis\u201d<\/strong><\/em>&nbsp;(Anthony Annunziata, 3\/16\/2012). So, what are the problem(s) with the CEO being Chairman of the Board too? Are there any benefits? And, finally, what do you think of Jamie Dimon, who is currently Chairman, President, and CEO of JP Morgan Chase?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1) What if there is an&nbsp;\u201cInterlocking Board of Directors\u201d? (Mizruchi, 8\/1996). This entity refers to the practice of members of a \u201ccorporate board of directors\u201d that serve on other \u201ccorporate boards of directors\u201d for multiple corporations at the same time, e.g., a board member on McDonald\u2019s board \u201cinterlocks\u201d (or serves) as board member of Burger [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[183],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/4496"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=4496"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/4496\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=4496"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=4496"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=4496"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=4496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}