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Henrich Greve
Professor of Entrepreneurship
Keywords
Corporate Governance; Board Process and Remuneration at the Top ;
Journal Article
Greve H., Mitsuhashi H. (2007). Power and Glory: Concentrated Power in Top Management Teams Organization Studies, 28(8), (pp1197-1221).
Strategic change is one of the most critical decisions that organizations make. The authors focus on the role of groups at the upper echelon of hierarchies and propose that concentrated power either in the CEO or the top management team is prone to be exercised, leading to a high rate of strategic change.