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When Do CEOs Versus Top Management Teams Matter in Explaining Strategic Decision-Making Processes?

Author

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  • René Olie
  • Ad van Iterson
  • Zeki Simsek

Abstract

Theory on strategic leadership effects gives short shrift to the institutional context in establishing the impact of chief executive officers (CEOs) and top management teams (TMTs) on strategic decision making processes. In this article we develop the argument that the institutional context of the country in which they are embedded centrally shape the extent to which CEO or TMT characteristics provide more accurate predictions of strategic decision-making processes. We develop a set of exemplary propositions to substantiate this thesis and trace its implications for theory and testing on strategic leadership effects on the firm.

Suggested Citation

  • René Olie & Ad van Iterson & Zeki Simsek, 2012. "When Do CEOs Versus Top Management Teams Matter in Explaining Strategic Decision-Making Processes?," International Studies of Management & Organization, Taylor & Francis Journals, vol. 42(4), pages 86-105, January.
    • Handle: RePEc:taf:mimoxx:v:42:y:2012:i:4:p:86-105
    DOI: 10.2753/IMO0020-8825420404
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    Cited by:

    1. Ge, Yuanjing & Guo, Haifeng & Fung, Hung-Gay & Guang, Kuncheng, 2019. "CEO effects on the IPO market under different policy regimes: Evidence from the Chinese SME board," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 163-175.
    2. Marko Reimer & Sebastiaan Doorn & Mariano L. M. Heyden, 2018. "Unpacking Functional Experience Complementarities in Senior Leaders’ Influences on CSR Strategy: A CEO–Top Management Team Approach," Journal of Business Ethics, Springer, vol. 151(4), pages 977-995, September.
    3. Rigolini, Alessandra & Gabaldon, Patricia & Le Bruyn Goldeng, Eskil, 2021. "CEO succession with gender change in troubled companies: The effect of a new woman CEO on firm risk and firm risk perceived," Scandinavian Journal of Management, Elsevier, vol. 37(1).
    4. William Keeton, 2018. "Command, Leadership, Intelligence and Management (CLIM): A Proposed Theory for Improved Strategic Leadership," FIIB Business Review, , vol. 7(2), pages 146-151, June.
    5. Pascal Back & Andreas Bausch, 2019. "Not If, But How CEOs Affect Product Innovation: A Systematic Review and Research Agenda," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 1-52, May.

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