Reflexive deliberations of family directors on corporate board reforms: publicly listed family firms in an emerging economy

Figures & data

Figure 1. Reflexive deliberations. Source: Developed by authors drawing inspiration from Archer (2003).

Table 1. Interviewee profile.

Interviewee	Position in the company/institution	Relation with controlling owners/ Other qualification	Gender	Company; Generation active in management	SL No	Duration	No. pages
Family directors	Group Chairman	Founder of the group	Male	A; First, second & third	^a1	52 min	19
	Executive Director	Daughter of group Chairman	Female	A; First, second & third	2	81 min	27
	CEO	Grandson of group Chairman	Male	A; First, second & third	3	68 min	22
	Director	Wife of group Chairman	Female	A; First, second & third	4	27 min	4
	Vice Chairman	Brother of group Chairman	Male	B; First & second	5	45 min	17
	CFO/ Finance Director	Daughter of group Chairman	Female	B; First & second	6	115 min	54
	Executive Director	Son of group Vice Chairman	Male	D; First & second	7	56 min	15
	Executive Director	Daughter of group Vice Chairman	Female	D; First & second	8	35 min	13
	CEO and President of Board of Directors	Son of group Chairman	Male	C; First & second	9	72 min	30
Independent directors (Non-family)	Independent Director	Retired government official	Male	A; Ceramics; First, second & third	10	35 min	8
	Independent Director	University professor (Ex-regulatory official)	Male	C; First & second	11	47 min	10
	Independent Director	University professor	Male	D; First & second	12	54 min	33
	Independent Director	Retired banker (Experience in private and public banks/ financial institutions)	Male	B; First & second	13	40 min	25
	Independent Director	Retired Stock Exchange Official	Male	E; First, second & third	14	63 min	28
	Independent Director	Retired government official	Male	F; First	15	51 min	24
Senior management (Non-family and ex-officio board members)	CEO	Professionally qualified accountant	Male	B; First & second	16	55 min	33
	General Manager	Group Advisor and Controller	Male	A; First, second & third	17	75 min	36
	CFO	Professional accounting qualifications	Male	E; First, second & third	18	65 min	27
	Group interview I - Head of Internal Audit - Controller and Secretary - - General Manager	No family relation	Male	C; First & second	19	35 min	25
	Group interview II - Head of Finance - Manager, Internal control & Compliance	No family relation	Male	E; First, second & third	20	42 min	23
Regulatory authorities	Senior regulatory official	Regulator	Female	The BSEC	21	30 min	2
	Senior regulatory official	Regulator	Male	The BSEC	22	52 min	12
	Senior regulatory official	Regulator	Male	The BSEC	23	75 min	20
	Senior regulatory official	Regulator	Male	The BSEC	24	35 min	2
	Former Chairman	Ex-regulatory official	Male	The BSEC	25	35 min	13

^a Life story interview taking place over three sessions.

Figure 2. The analytical framework of resistance and change in board practices.

Table

Date/Time:

Setting:

Respondent:

Archer, M. S. (2003). Structure, agency and the internal conversation: The morphogenetic approach. Cambridge University Press.

 Google Scholar