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The company’s Bet365 app download strategic decision -making process is a complex dynamic process，It is a very big challenge for managers。Especially for many countries、Companies of competition in multiple markets，The board of directors has become an important mechanism for organizational response to environmental complexity and uncertainty。In the background of globalization，Fully understand the national background (such as the legal system、Culture and Economic conditions) The effect of the relationship between the board of directors and the strategy，Perspective enterprise's multinational operations Chinese company's board of directors' decision -making mechanisms，better understanding macro、Middle View、How to interact with micro dynamics，Commoning the relationship between the board of directors and the strategy，Examine the scene of the scene of the board affecting the strategic organization's situation and behavioral factors，It is an important direction for strategic governance research。

　　How the board of directors contribute to the corporate strategy presents the diversification of theory and the uncertainty of the empirical results

For the past 40 years，The relationship between the relationship between the board of directors and the strategy is increasingly increasing。But what is interested is，Questions about how the board of directors contribute to corporate strategy，So far, there is no consistency opinion in theoretically and empirical，Show the theoretical diversification and uncertainty of empirical results。A lot of related research is perception of the strategic role of the board of directors、The effectiveness of the strategic role of the board of directors、The influencing factors and results of the board of directors participating in Bet365 app download strategic decision -making。

A proxy theory of one of the mainstream theoretical views of the company's governance，The Bet365 lotto review board of directors as an institutional arrangement governance mechanism，The strategic role of the agent of the investor and the client of the decision -making power needs to be effectively exercised，The role of executive supervisor and controller under the principle of independence in corporate governance practice，Approval and supervision strategy formulated and implemented by executive layers。

Manager's hegemonic viewpoints believe，Strategy is provided or formulated and implemented by the executive layer.，The board of directors only acts as a comment and approval role。The theory of resource dependencies is believed，The board of directors is contacted with the external environment，At the first place in the process of Bet365 app download strategic decision -making，Members of the board of directors have the initiative to provide incentives to provide consulting services for corporate strategic decisions，Can provide the necessary resources for executive strategies for executive layers。

and the steward theory thinks，The action of the manager is driven by the organizational goals，instead of self -interest motivation。As the housekeeper of an organization，The executives will consciously take action and diligence，Promote the increase in the remaining value of its own surplus through operation，At the same time, improve corporate performance，Increase the value of shareholders。In the strategic field，The board of directors needs to authorize and provide convenience to the executives。These views reflect the continuous evolution of the roles of the board of directors。

Although there are differences in various theoretical perspectives，But with the development of economic globalization and the convergence of corporate governance practice core elements，People continue to increase the attention of the strategic role of the board of directors，Putting higher requirements for the functions and responsibilities of the board of directors located in the Corporation of the Corporate Governance Controversy。

　　The degree of participation of the strategic decision -making of the board of directors is positively related to the company's performance

　　

The static problem of the strategic role of the board of directors，The theory and practice of strategic management and corporate governance have actually gained a more consistent cognition。but，Understanding of the dynamic behavior and process of the board of directors participating in strategic decisions，No consistency has been obtained yet。

A representative point of view，It is believed that the board of directors mainly perform its strategic role through guiding strategic implementation，Then the effectiveness of the board of directors can essentially use strategic governance in the performance of its strategic role.。Some scholars have proposed the strategic consistency between the strategic consistency between the strategy of using corporate resource allocation and announcement to measure the effectiveness of the board of directors in guiding corporate strategic execution。Because resource allocation is the core of the board of directors，Once a strategic deviation or inconsistency occurred，The board of directors can replace the CEO、Implement new strategic plan、Adjusting the executive salary structure and other actions to correct。This method of measured the strategic effectiveness of the board of directors can identify early signs of strategic deviation，Timely response through corrective measures，Intervention before the loss。Therefore，The board of directors reacts to the strategic deviation or inconsistent strategy (timely、speed) and method (intervention behavior)，It is considered a key factor that the board of directors can play a strategic role or strategic governance。

The research on the strategic role of the board of directors has more research from the perspective of "input -output"，The characteristics and structure of the board of directors (such as the size of the board of directors、CEO two posts、Diversity of the board of directors、Percent of external directors、Term and Directors' shareholding) and strategic results (such as mergers and acquisitions、Strategic change、Company Reorganization、Entrepreneur bet365 best casino games spirit、Internationalization、R & D expenditure) In connection。These studies provide different conclusions for the relationship between the characteristics of the board of directors and strategies。But the more consistent is thinking，The degree of participation of the Bet365 app download strategic decision -making of the board of directors is positively related to the company's performance，That is to say，More participation of the board of directors on the company's strategic decision -making will ultimately improve the company's performance。Of course，Board's participation and scope of strategy，It still depends on the director's own background、Experience、Knowledge and decision skills，Social relations between them and the external environment of the enterprise。

The professional knowledge and skills of the directors，It helps to handle the complexity and uncertainty related to Bet365 app download strategic decision -making。Research indicates，The human capital and social capital of the board of directors constitute the valuable board capital of the board of directors，They are the key factor of the board that is difficult to ignore to play a strategic role，Social relations and shareholding status between directors and members，It is also regulating the relationship between the capital of the board of directors and how the directors play the strategic role of the supervisor and the resource supplier。

Obviously，When evaluating the validity of the board of directors in guiding strategic execution，The dynamics of the company's competitive environment need to be considered。Actually，Industrial characteristics、Industrial complexity、Legislative environment and economic conditions and other factors will have an impact on the board's player role。Economy、Dynamic and globalization of political and social changes，All require the board of directors to assume more strategic orientation。The degree of the board of directors participating in Bet365 app download strategic decision -making is considered an institutional response or strategic adaptation of the pressure on the pressure of greater the participation of the board of directors。

　　The role of the board of directors of the listed company in my country needs to be enhanced in corporate strategy

Domestic understanding of the strategic role of the board of directors，More reflected in exploring the evolution of the board of directors from controlling the role to a strategic role，Single dimension Follow the board of directors to gradually participate in the strategic decision of the company。There are also a few studies involving the grasp of the entire process of the board of directors and the efficiency of behavior，Basic framework and index system of the effective evaluation of the effective evaluation of the strategic management system，Guarantee the participation of the entire process of the board of directors。For example，Decompired the behavior of the board of directors into the ability of the board of directors、Excise effort、Organizational identity and harmony，These three behaviors will affect the decision -making effect of the board of directors，Then affect the company's performance。

From the perspective of corporate strategy and corporate governance,，At present, the main institution of the board of directors of listed companies in my country -the Strategic Committee is basically in the "negative compliance" stage，It has not played the important role in the formulation of corporate strategic decisions and major investment decisions。The board of directors of most Chinese companies or its strategic committees mainly focus on formulating strategies，Pay less attention to strategic implementation issues。The main problem existing in the efficiency evaluation of the board of directors is，Excessive attention of the independence of the board of directors，The attitude and behavior of ignoring the individual of the directors on the efficiency of the board of directors or the impact of the governance of the board of directors。

　　The board of directors and executives work together to optimize the configuration of decision -making rights

Looking at the basic perspective of the strategic role of the board of directors at the academic circles at home and abroad，It is not difficult to find，The formulation and implementation of corporate Bet365 app download strategic decision -making is a dynamic process，It is interactive in all aspects、Discussion、Discussion results。Strategy is the common function of the board of directors and executives，These two groups bear tangible responsibility Bet365 app download for the process of strategic decision -making，The process of participating in the corporate strategy，Both are the main body of corporate strategic governance。

In fact，Members of board of directors and executive layers usually intersect each other，In the company's strategic framework，The configuration of the decision -making power is not a simple board and executive layer.，On the contrary，The configuration of decision -making power must be optimized，Is a very complicated dynamic problem。In this process，The Bet365 lotto review board of directors as part of the decision -making collective，It is necessary to play with the executive layer，The whole process of participating in Bet365 app download strategic decision -making，to improve corporate performance，Decision -making effectiveness of improving strategic governance。

Specifically，The board of directors play a strategic role not only shows that the decision -making of the executives will be approved，Provide consultation or recommendation，It is more manifested as a way to cooperate，Cultivate a strategic role of joint decision -making of yourself and executive layers。The executive layer is the executor and the driver of the strategy，Corporate action is a reflection of the executive team action。Therefore，During the whole process of Bet365 app download strategic decision -making，The board of directors must continue to continue with the executives、Formally and informal、Effective interaction，This becomes an indispensable action link for corporate strategic decisions。So，Studies in strategic governance need to cover the interaction between the board of directors and the executives，Explore strategic governance from the relationship between the board of directors and the executive team、Create a mechanism for creating sustainable competition advantages and enhance the company's value。

(Source: Chinese Social Science Journal Author: Yin Cuifang Cui Shengchao Zhoujian Unit: Nankai University Business School)

　　

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