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Full-Text Articles in Business

Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn May 2009

Improving Strategic Thinking: A Multilevel Approach, Ingrid Bonn

Ingrid Bonn

Following a multilevel approach, the purpose of this paper is to develop a framework of strategic thinking, which integrates the micro-domain's focus on individuals and groups with the macro-domain's focus on organisations. The paper first defines strategic thinking, outlines its elements and examines some of the conceptual issues surrounding the construct, especially those concerning levels of analysis. The following questions are addressed. What are the characteristics of an individual strategic thinker? What are the dynamics that take place within groups and how do they influence strategic thinking? What are the contributions of the organisational context to strategic thinking?


Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn May 2009

Board Structure And Firm Performance: Evidence From Australia, Ingrid Bonn

Ingrid Bonn

The influence of corporate governance on firm performance has been discussed for a number of years, but mainly in a United States and European business context. This article investigates the composition of boards of directors in large Australian firms and analyses whether board structure has an impact on performance, as measured by return on equity and market-to-book value ratio. The results showed that outsider ratio and female director ratio were positively associated with firm performance, whereas board size and directors' age had no influence on firm performance.