search query: @indexterm Strategic management / total: 1889
reference: 173 / 1889
| Author: | Jensen, M. Zajac, E. J. |
| Title: | Corporate elites and corporate strategy: how demographic preferences and structural position shape the scope of the firm |
| Journal: | Strategic Management Journal
2004 : JUN, VOL. 25:6, p. 507-524 |
| Index terms: | Strategic management Chief executive officers Board of directors USA |
| Language: | eng |
| Abstract: | This study combines elements of the upper echelons and agency perspectives to resolve some of the ambigous surrounding how corporate elites affect corporate strategy. The authors propose and test the notion that while differences in individual characteristics of corporate elites may imply different preferences for particular corporate strategies such as diversification and acquisitions, these basic preferences, when situated in different agency contexts (e.g. CEO, outsider director, non-CEO top management team member), generate very different strategic outcomes. |
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