Independent directors in family PLCs in the majority world − insights from a Middle Eastern country

This paper critically examines the concept of board member ‘independence’ by drawing on Max Weber’s notion of traditionalism to theorise its practice in non-Western or Majority World contexts. Using family-owned public limited companies (PLCs) in Kuwait as a case study, we explore how cultural norms, political-economic histories, and kinship-based authority structures shape the recruitment, roles, and influence of supposedly independent committee members. Based on qualitative data − including interviews, archival materials, and field observations − we find that independence is largely symbolic. Independent members are often selected through Diwaniya-based social networks and valued more for their loyalty and discretion than for providing impartial oversight. The relationship between family owners and independent members reflects Weber’s chief–subject model, with board processes grounded in personalist logics rather than the institutional rationalities of Western capitalist governance. This study contributes to the corporate governance literature by rethinking independence through a cultural-political lens and calls for policies and research that promote context-sensitive, decolonial approaches to governance in the Majority World.

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Publication Details

Journal
Critical Perspectives on Accounting
Published
2025-11-25
DOI
https://doi.org/10.1016/j.cpa.2025.102827
Citations
1
Primary Topic
Family Business Performance and Succession
Type
article
Field-Weighted Citation Impact
2.76

Funders

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article

Independent directors in family PLCs in the majority world − insights from a Middle Eastern country

1 citations
Critical Perspectives on Accounting
Family Business Performance and Succession
2.76
article

Independent directors in family PLCs in the majority world − insights from a Middle Eastern country

article en
1 citations

Abstract

This paper critically examines the concept of board member ‘independence’ by drawing on Max Weber’s notion of traditionalism to theorise its practice in non-Western or Majority World contexts. Using family-owned public limited companies (PLCs) in Kuwait as a case study, we explore how cultural norms, political-economic histories, and kinship-based authority structures shape the recruitment, roles, and influence of supposedly independent committee members. Based on qualitative data − including interviews, archival materials, and field observations − we find that independence is largely symbolic. Independent members are often selected through Diwaniya-based social networks and valued more for their loyalty and discretion than for providing impartial oversight. The relationship between family owners and independent members reflects Weber’s chief–subject model, with board processes grounded in personalist logics rather than the institutional rationalities of Western capitalist governance. This study contributes to the corporate governance literature by rethinking independence through a cultural-political lens and calls for policies and research that promote context-sensitive, decolonial approaches to governance in the Majority World.

Critical Perspectives on AccountingVol. 103
University of Essex (GB), Public Authority for Applied Education and Training (KW), Tomas Bata University in Zlín (CZ)
Public Authority for Applied Education and Training
Openalex Percentile: Top 7%
Family Business Performance and Succession
2.76
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