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Academic independent directors in China: actors influencing career decision-making

Academic independent directors in China: actors influencing career decision-making
Academic independent directors in China: actors influencing career decision-making
Purpose: the board independence norm has shaped corporate governance globally, but research on the supply of independent directors (IDs) is limited. 'New careers' studies suggest that dynamic non-conventional career paths are evolving, but empirical evidence is mostly limited to Western societies. We studied reasons for academics to consider taking on an ID role in firms in China.

Design/methodology/approach: employing a quantitative methodology, data were collected via a survey targeting 1,500 academics, representing a quarter of business-linked academics in China's National Key Universities. The response rate was 55% and, after eliminating irrelevant responses, the sample used comprised 581 academics, 111 of whom have taken on an ID role.

Findings: career orientation and work attitudes play significant roles in decision-making around career success. Becoming an ID can be a rewarding and positive career path for academics who look for additional responsibility, income, and impact. This new academic career path manifests in how career actors interact with each other to reach a state of equilibrium in a wider career ecosystem. Appointing academics with relevant knowledge and willingness to create impact can help organisations – both firms and academic institutions.

Practical implications: becoming an ID can increase future collaborations and success in terms of research and corporate governance, and offer individuals another route to career success.

Originality/value: the results contribute to research on career studies and corporate governance, revealing a new source of talent for firms and a new career path for academics.

Academic careers, Academic directors, China, Corporate governance, Independent directors
1362-0436
634-656
Dai, L.
a2ab07e9-d96c-4672-b2e8-06a9687d71a2
Li, Pingli
a7bf0454-129f-46fa-bdf3-5bd940f569c4
Baruch, Yehuda
25b89777-def4-4958-afdc-0ceab43efe8a
Dai, L.
a2ab07e9-d96c-4672-b2e8-06a9687d71a2
Li, Pingli
a7bf0454-129f-46fa-bdf3-5bd940f569c4
Baruch, Yehuda
25b89777-def4-4958-afdc-0ceab43efe8a

Dai, L., Li, Pingli and Baruch, Yehuda (2022) Academic independent directors in China: actors influencing career decision-making. Career Development International, 27 (6-7), 634-656. (doi:10.1108/CDI-11-2021-0288).

Record type: Article

Abstract

Purpose: the board independence norm has shaped corporate governance globally, but research on the supply of independent directors (IDs) is limited. 'New careers' studies suggest that dynamic non-conventional career paths are evolving, but empirical evidence is mostly limited to Western societies. We studied reasons for academics to consider taking on an ID role in firms in China.

Design/methodology/approach: employing a quantitative methodology, data were collected via a survey targeting 1,500 academics, representing a quarter of business-linked academics in China's National Key Universities. The response rate was 55% and, after eliminating irrelevant responses, the sample used comprised 581 academics, 111 of whom have taken on an ID role.

Findings: career orientation and work attitudes play significant roles in decision-making around career success. Becoming an ID can be a rewarding and positive career path for academics who look for additional responsibility, income, and impact. This new academic career path manifests in how career actors interact with each other to reach a state of equilibrium in a wider career ecosystem. Appointing academics with relevant knowledge and willingness to create impact can help organisations – both firms and academic institutions.

Practical implications: becoming an ID can increase future collaborations and success in terms of research and corporate governance, and offer individuals another route to career success.

Originality/value: the results contribute to research on career studies and corporate governance, revealing a new source of talent for firms and a new career path for academics.

Text
Dai et al. Academic ID CDI 2022as accepted - Accepted Manuscript
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More information

Accepted/In Press date: 8 October 2022
e-pub ahead of print date: 22 November 2022
Keywords: Academic careers, Academic directors, China, Corporate governance, Independent directors

Identifiers

Local EPrints ID: 471833
URI: http://eprints.soton.ac.uk/id/eprint/471833
ISSN: 1362-0436
PURE UUID: 8b8fc8cb-7866-4214-9336-aa667955b11c
ORCID for Pingli Li: ORCID iD orcid.org/0000-0001-5020-9126
ORCID for Yehuda Baruch: ORCID iD orcid.org/0000-0002-0678-6273

Catalogue record

Date deposited: 21 Nov 2022 17:53
Last modified: 09 Dec 2022 02:46

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Contributors

Author: L. Dai
Author: Pingli Li ORCID iD
Author: Yehuda Baruch ORCID iD

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