Despite considerable advances in the domain of corporate governance research, to date alliance scholars as well as corporate governance scholars have not begun to systematically analyze important governance issues related to the size, structure, dynamics, processes, and implications of joint venture boards and alliance committees. Significant opportunities exist to draw from the expanding corporate governance literature and bring such questions into the research agenda. Governance of Hybrid Organizations is the first attempt to develop theory and understand boards of directors in joint ventures. In doing so, it is important to draw from corporate governance research in a deeper manner. This monograph focuses on the structural design of boards, its interplay with other governance instruments, and reviews governance solutions in other types of hybrid organizations.