The rise of remote work and its implications on US organizations and boards of directors

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Abstract

This study investigated the decision of international and non-international students when it comes to remote work preference at a southern private American university located in the Southeast United States and the implications of those decisions on the US educational system, job market, and board of directors’ strategic plans. For this purpose, a database that included 3001 full-time undergraduates at this southern American university was used. A chi-square test and a logit regression were used to analyze the data. The results of the study showed that there was no significant difference between international and non-international students regarding being decided on the remote work model. This study can help US colleges and universities, educational leaders, boards of directors, policymakers, and government officials, understand the needs and preferences of both American and international students, at the undergraduate level, which is a major pillar of the US labour force. An improved understanding of the students’ Work Model Preference will help the governing boards of American colleges and universities, and various US institutions to better allocate their human, financial, and physical resources in order to attract highly qualified candidates. Organizational leaders and boards of directors know full well that colleges and universities are a major source of candidates for their businesses. Organizations that provide those candidates with the work flexibility and work-life balance they demand will increase the likelihood of their competitive advantage and success.

Keywords: Remote Work, Board of Directors, Board Members, US Economy, US Educational System, Job Market, Human Capital, Employees’ Preferences, Corporate Policies, Practices

Authors’ individual contribution: Conceptualization — J.A.; Methodology — J.A.; Formal Analysis — J.A.; Data Curation — J.A.; Writing — Original Draft — J.A., S.L., and G.D.A.; Writing — Review & Editing — J.A., S.L., and G.D.A.; Visualization — J.A., S.L., and G.D.A.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: I20, J24

Received: 10.10.2022
Accepted: 22.12.2022
Published online: 23.12.2022

How to cite this paper: Armache, J., Ladki, S., & Armache, G. D. (2022). The rise of remote work and its implications on US organizations and boards of directors. Corporate Ownership & Control, 20(1), 176–184. https://doi.org/10.22495/cocv20i1art16