Search

Article Information


The Strategic Use of Corporate Board Committees
Harrison, J. Richard
30/1  (Fall 1987): 109-125

Much recent attention has been focused on committees of corporate boards of directors-particularly the audit, compensation, and nominating committees-as mechanisms for monitoring management and protecting shareholder interests. Board committees can also serve strategic purposes for the firm. This article discusses some of the strategic uses of board committees and focuses on their role in maintaining corporate legitimacy, protecting directors from excessive exposure to liability, and contributing to the formulation of corporate strategy. In particular, it examines the role of the board's strategy committee.

 

California Management Review

Berkeley-Haas's Premier Management Journal

Published at the University of California for more than sixty years, California Management Review seeks to share knowledge that challenges convention and shows a better way of doing business.

Learn more
Follow Us