2008 | OriginalPaper | Buchkapitel
Who Develops Strategy in Firms? Governance and National Values Effects
Erschienen in: Corporate Governance and International Business
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Corporate governance and strategic management research has found some empirical support for the proposition that diversity in the management team engaged in the strategy development process is of value for firms’ long-term performance (e.g. Dalton et al., 1998, 1999; McNulty and Pettigrew, 1990). The management implications of differences in the formal mechanisms and structures within which firms are guided and controlled have been a recent focus of interest (see Daily et al., 2003).