This study develops a symbolic management perspective on strategic change to predict and test the antecedents and consequences of how firms frame strategic change. Using data from a sample of contemporary German corporations, we find support for our predictions that firms (1) use specific...

This study seeks to contribute to the literature on corporate ownership and firm performance by advancing an expertise-based perspective that views owners as a contingent resource. Specifically, we propose that heterogeneous prior experiences of corporate owners creates identifiable differences...

This study addresses the oft-debated questions of whether, when, and how corporate board members help shape firm strategy by advancing a new perspective on heterogeneous director influence that introduces the notion of the deep/broad director. Specifically, we take a socio-cognitive and...