Shared Leadership in Boards of Directors: Evidence from Brazilian Companies

https://doi.org/10.5935/rpot/2024.25386

Authors

Abstract


This article aims to analyze shared leadership practices in the boards of directors of Brazilian companies listed in differentiated segments of the Brazilian stock exchange (B3). The research is grounded in social constructivism, using a qualitative and exploratory approach, seeking to analyze the relational dynamics and the practice of shared leadership among board members with different profiles. Through categorical content analysis, a priori categories were identified in the literature, followed by semi-structured interviews supported by the critical incident technique (CIT), culminating in: (1) the construction of a posteriori categories, resulting from the confrontation of the previous stages; (2) mapping of new findings. The results show that, even if not consciously recognized, shared leadership is present. The quality of information, the diversity of board members, and sufficient time for robust debates corroborate the practice of shared leadership and consequent advances in Brazilian corporate governance, in order to increase stakeholders' confidence in boards of directors.


Keywords: shared leadership, administrative council, corporate governance.

Published

2024-12-18