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This Handbook presents original research and theory on executives, top management teams, and boards of directors and illustrates the vital importance of this field of study. Top management teams are responsible for the strategic choices and major decisions in organizations. These organizations are a reflection of the members that make up their strategic management. The roles top management play and the impact they have are clearly visible in firms around the world, both large and small. The international authors that comprise this volume address questions central to the field of strategy and strategic leadership. They review the determinants of top management team composition, their social networks, and executive dismissal; the psychological and personality profiles of top executives; the methodologies relevant to the study of top teams; and the roles of top executives in cross-business unit collaboration, competitive behavior, and strategic entrepreneurship. Each chapter presents path-breaking research and provides a roadmap for new research avenues and agendas.Professors, students and researchers in the area of strategy, management and strategic leadership will find this book an invaluable resource.
Edited by the late Mason A. Carpenter, former M. Keith Weikel Professor in Leadership and Pyle-Bascom Professor in Business Leadership, Wisconsin School of Business, University of Wisconsin, Madison, US
Contents:IntroductionMason A. CarpenterPART I: DEFINITIONS OF TOP MANAGEMENT TEAMS1. Alternate Configurations in Strategic Decision MakingCarla D. Jones and Albert A. Cannella Jr.2. In Search of the CEO’s Inner Circle and How it is FormedAnn C. Mooney and Allen C. Amason3. Bringing Organizational Demography Back In: Time, Change, and Structure in Top Management Team ResearchChristine M. Beckman and M. Diane BurtonPART II: PERSONALITIES AND PROFILES OF TOP EXECUTIVES4. The Personality Profile of US Top Executives Andrew Sangster5. Charismatic Leadership, Social Networks, and Goal Setting Among US and Chinese ExecutivesAlexander D. Stajkovic, Mason A. Carpenter and Scott D. Graffin6. Examining the Relationships between Top Management Team Psychological Characteristics, Transformational Leadership, and Business Unit PerformanceSuzanne J. Peterson and Zhen Zhang7. Top Management Team ConfidenceKevin D. Clark and Patrick G. MaggittiPART III: TMT EXPERIENCE AND STRATEGY8. How Does TMT Prior Experience Shape Strategy? A Routine-based Framework Based on Evidence from Founding TeamsAnne S. Miner, Yan Gong, Ted Baker and Jay O’Toole9. Corporate Elite Career Experiences and Strategic Preferences: The Case of the Chinese Corporate Governance ReformWm. Gerard Sanders and Anja TuschkePART IV: HOW EXECUTIVE ACTIONS AFFECT STRATEGY, RIVALRY, AND ENTREPRENEURSHIP10. A Practice Theory of Executive Leadership Groups: Dynamic Managerial Capabilities and the Multi-business TeamJeffrey A. Martin11. The Joint Effect of Top Management Team Heterogeneity and Competitive Behavior on Stock Returns and Risk Margaret Hughes-Morgan, Walter J. Ferrier and Giuseppe (Joe) Labianca12. Romeo, Juliet, and Shakespeare: Thematizing the Nexus of Strategic Leadership and EntrepreneurshipZeki Simsek, Ciaran Heavey, Smriti Prabhakar and M. Nesij HuvajPART V: THE CONTEXT SURROUNDING CHANGES IN THE EXECUTIVE SUITE13. The Scapegoating Premium: A Rational View of New CEO CompensationAndrew Ward, Allen C. Amason, Peggy M. Lee and Scott D. Graffin14. CEO Leadership: A Research AgendaYan (Anthea) Zhang15. CEO Dismissal: The Role of the Broader Governance ContextJoseph B. Beck and Margarethe F. WiersemaIndex