Are you looking at the board/President in terms of stewardship/Agency governance issues?  This is addressed in Davis, Schoorman, and Donaldson (1997).  Specifically look at the Principal-Manager choice model and the potential conflicts if the Board/President have an agency-stewardship or stewardship -agency alignment.  A good tool to assess the level of stewardship was developed by Craig, Dibrell, Neubaum, and Thomas (2011). I used this tool in my dissertation.

Craig, J. B., Dibrell, C., Neubaum, D. O., & Thomas, C. H. (2011). Stewardship climate scale: Measurement and an assessment of reliability and validity. Paper presented at the Academy of Management Annual Meeting Proceedings, San Antonio, TX.

 Davis, J. H., Schoorman, F. D., & Donaldson, L. (1997). Toward a stewardship theory of management. Academy of Management Review, 22(1), 20-47. doi:10.5465/AMR.1997.9707180258

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