Take Action

Home | Faculty & Research Overview | Research

Research Details

The Board's Missing Link, Harvard Business Review

Abstract

In these letters to the editor of 'Harvard Business Review', the authors discuss Cynthia A. Montgomery and Rhonda Kaufman's March 2003 article, 'The Board's Missing Link.' Professor John L. Ward of Northwestern University observes that the family-controlled business is an interesting place to examine and extend the insights and recommendations of Montgomery and Kaufman. He observes that in family-run companies, there are often very strong connections and accountability between shareholders and the board. Liz Guthridge of The Adobe Group thinks that the missing link in companies' governance triangles is not just between boards and shareholders; it is also between boards and employees, many of whom are shareholders. Professor John P. McAllister of Kennesaw State University observes that the authors may have also identified a serious inconsistency in the flow of information at most companies. Montgomery and Kaufman respond by observing that perhaps the larger theme to take away from reader reaction to the article is that shielding information from board directors and shareholders ultimately comes at a cost.

Type

Article

Author(s)

John L. Ward, Liz Guthridge, Rhonda Kaufman, John P. McAllister, Cynthia A. Montgomery

Date Published

2003

Citations

Ward, L. John, Liz Guthridge, Rhonda Kaufman, John P. McAllister, and Cynthia A. Montgomery. 2003. The Board's Missing Link. Harvard Business Review. 81(6): 130-131.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more

Take Action