Time for Me to Fly: Predicting Director Exit at Large Firms

Material TypeArticleLanguageEnglish
TitleTime for Me to Fly: Predicting Director Exit at Large Firms Author(S)Steven Boivie (Author)
Abstract  One of the great unanswered questions in governance research is, Why do directors serve on boards? Drawing on self-determination theory, a theory of total motivation that combines both intrinsic and extrinsic motivations, we find that the prestige associated with being a director, the ability to have influence, and identification with the director role make directors less likely to exit; however, demotivating factors related to the time commitment required, such as holding other board appointments or serving as a CEO at another company, increase the likelihood of director exits. ...Paginationp 1334-1359
SubjectManagementDescriptorsManagement
Journal TitleThe Academy of Management Journal  
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