کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1015071 | 939710 | 2011 | 17 صفحه PDF | دانلود رایگان |

SummaryThis article explores the specific morphology and functioning of the governance system of fast growing entrepreneurial firms. Corporate governance is conceptualized as a complex system composed of different mechanisms and various actors, reaching beyond the corporate board and its members. To explain the link between the governance system at large and growth, I build on a general model of corporate governance first proposed by Charreaux (2008), where governance potentially influences managerial behavior through two levers: financial discipline and cognition. I argue that, in the specific case of entrepreneurial firms, corporate governance may play a central role in sustaining high levels of growth through the extensive use of the cognitive lever. Beyond its theoretical implications, the model is also instrumental in providing a consistent framework for an exploration of existing empirical research. I review research specifically devoted to the governance of entrepreneurial firms which experience strong growth and find support for the rationale underlying the proposed model.
► I apply an integrative model of corporate governance to the entrepreneurial firm.
► I make theoretical propositions on the cognitive role of governance for fast growth.
► I review empirical works linking growth and governance mechanisms.
Journal: European Management Journal - Volume 29, Issue 6, December 2011, Pages 431–447