Tilcsik, András

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  Listen to the Non-Experts

Almandoz, John; Tilcsik, András Does a board always work best with more experts' advice? No, according to research published in the Academy of Management Journal. A study of U.S. community banks found that, when navigating uncharted waters, banks were more likely to fail if their boards were dominated by directors who were experts in banking. In fact, the riskiest decisions may be better handled when non-experts counterbalance the know-it-alls. Read article
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