Knitting Company Performance and Board Interlocks

An Exploration with the Finnish Software Industry

Sami Hyrysalmi (Corresponding author), Arho Suominen, Jukka Ruohonen, Marko Seppänen, Antero Järvi

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

A board of directors is a supreme organism of a modern company. Often, a single board member has a place in several companies’ management teams. This is called a board interlock and its impact on a single board member, companies and the economics on the whole has been studied for decades. However, there is a lack of understanding how software companies’ board of directors interlock as the field is driven by knowledge and relations more heavily than the other fields. Therefore, well-connected board members could be a vital competitive advantage for companies. This study presents a quantitative analysis of 262 Finnish software companies, their boards and performance. The results show that neither high board interlocks nor foreign board members are remarkably related on the performance of companies. The implications of the findings are discussed and future research inquiries are proposed.
Original languageEnglish
Title of host publicationSoftware Business - 8th International Conference, ICSOB 2017, Proceedings
Subtitle of host publicationICSOB 2017
EditorsKarl Werder, Arto Ojala, Helena Holmstrom Olsson
PublisherSpringer
Pages67-81
Number of pages15
ISBN (Electronic)978-3-319-69191-6
ISBN (Print)978-3-319-69190-9
DOIs
Publication statusPublished - 1 Jan 2017
MoE publication typeA4 Article in a conference publication
Event8th International Conference on Software Business, ICSOB 2017 - Essen, Germany
Duration: 12 Jun 201713 Jun 2017

Publication series

NameLecture Notes in Business Information Processing
Volume304
ISSN (Print)1865-1348

Conference

Conference8th International Conference on Software Business, ICSOB 2017
Abbreviated titleICSOB 2017
CountryGermany
CityEssen
Period12/06/1713/06/17

Fingerprint

Industry
Software
Quantitative Analysis
Economics
Interlock
Software industry
Knitting
Company performance
Knowledge
Chemical analysis
Board of directors

Keywords

  • Board interlock
  • Finland
  • Software industry

Cite this

Hyrysalmi, S., Suominen, A., Ruohonen, J., Seppänen, M., & Järvi, A. (2017). Knitting Company Performance and Board Interlocks: An Exploration with the Finnish Software Industry. In K. Werder, A. Ojala, & H. Holmstrom Olsson (Eds.), Software Business - 8th International Conference, ICSOB 2017, Proceedings: ICSOB 2017 (pp. 67-81). Springer. Lecture Notes in Business Information Processing, Vol.. 304 https://doi.org/10.1007/978-3-319-69191-6_5
Hyrysalmi, Sami ; Suominen, Arho ; Ruohonen, Jukka ; Seppänen, Marko ; Järvi, Antero. / Knitting Company Performance and Board Interlocks : An Exploration with the Finnish Software Industry. Software Business - 8th International Conference, ICSOB 2017, Proceedings: ICSOB 2017. editor / Karl Werder ; Arto Ojala ; Helena Holmstrom Olsson. Springer, 2017. pp. 67-81 (Lecture Notes in Business Information Processing, Vol. 304).
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Hyrysalmi, S, Suominen, A, Ruohonen, J, Seppänen, M & Järvi, A 2017, Knitting Company Performance and Board Interlocks: An Exploration with the Finnish Software Industry. in K Werder, A Ojala & H Holmstrom Olsson (eds), Software Business - 8th International Conference, ICSOB 2017, Proceedings: ICSOB 2017. Springer, Lecture Notes in Business Information Processing, vol. 304, pp. 67-81, 8th International Conference on Software Business, ICSOB 2017, Essen, Germany, 12/06/17. https://doi.org/10.1007/978-3-319-69191-6_5

Knitting Company Performance and Board Interlocks : An Exploration with the Finnish Software Industry. / Hyrysalmi, Sami (Corresponding author); Suominen, Arho; Ruohonen, Jukka; Seppänen, Marko; Järvi, Antero.

Software Business - 8th International Conference, ICSOB 2017, Proceedings: ICSOB 2017. ed. / Karl Werder; Arto Ojala; Helena Holmstrom Olsson. Springer, 2017. p. 67-81 (Lecture Notes in Business Information Processing, Vol. 304).

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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Hyrysalmi S, Suominen A, Ruohonen J, Seppänen M, Järvi A. Knitting Company Performance and Board Interlocks: An Exploration with the Finnish Software Industry. In Werder K, Ojala A, Holmstrom Olsson H, editors, Software Business - 8th International Conference, ICSOB 2017, Proceedings: ICSOB 2017. Springer. 2017. p. 67-81. (Lecture Notes in Business Information Processing, Vol. 304). https://doi.org/10.1007/978-3-319-69191-6_5