Accountability Processes in Boardrooms: A Conceptual Model of Manager-Non-Executive Director Information Asymmetry

  title={Accountability Processes in Boardrooms: A Conceptual Model of Manager-Non-Executive Director Information Asymmetry},
  author={Niamh M. Brennan and Collette E. Kirwan and John Redmond},
  journal={Organizational Behavior \& Key Stakeholders eJournal},
Purpose – Understanding the influence of information and knowledge exchange and sharing between managers and non-executive directors is important in assessing the dynamic processes of accountability in boardrooms. By analysing information/knowledge at multiple levels, invoking the literature on implicit/tacit and explicit information/knowledge, we show that information asymmetry is a necessary condition for effective boards. We introduce a conceptual model of manager-non-executive director… Expand


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