| HBS Case Collection
(Revised from original 2006 version)
Philips Electronics N.V.
Looks at the multinational company, Philips Electronics, which is headquartered in the Netherlands, as an example of a company with a two-tiered board. The company is governed by both a supervisory board and a board of management. Examines the role, dynamic, and best practices of each of the two boards. Additionally, the case examines the relationship between the two boards and the key factors in determining that relationship.
Keywords: Multinational Firms and Management;
Governing and Advisory Boards;
Business or Company Management;
Lorsch, Jay W., and Alexis Chernak. "Philips Electronics N.V." Harvard Business School Case 407-047, February 2008. (Revised from original September 2006 version.)