Financing decisions as a source of conflict in venture boards

Journal of Business Venturing, pp. 579-592, 2010.

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Keywords:
Boards of directorsConflictFoundersDecision making

Abstract:

Governance scholarship has suggested that venture boards should be structured so as to stimulate internal conflict. However, structure is a weak predictor of board effectiveness. Moreover, conflict can be dysfunctional, especially when it is focused on relationships rather than tasks. We show that venture boards experience more relationsh...More

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