team composition, firm diversification, and IT investments – which arguably alter returns to exploiting synergies through … product ("product" functions i.e., marketing, R&D) increase as firms focus their businesses, while the number of functional … managers farther from the product ("administrative" functions i.e., finance, law, HR) increase with IT investments. Finally, we …

design ; functions ; centralization ; M-form ; hierarchy ; top management team ; information technology ; activities … from general to functional managers - a phenomenon we term "functional centralization." -- communication ; organizational … team composition, firm diversification, and IT investments - which arguably alter returns to exploiting synergies through …

team composition, firm diversification, and IT investments – which arguably alter returns to exploiting synergies through … product ("product" functions i.e., marketing, R&D) increase as firms focus their businesses, while the number of functional … managers farther from the product ("administrative" functions i.e., finance, law, HR) increase with IT investments. Finally, we …

primarily by an increase in functional managers rather than general managers, a phenomenon we term “functional centralization … linked to changes in firm diversification and IT investments. These relationships depend crucially on the function involved …: those closer to the product (“product” functions, e.g. marketing/R&D) behave differently from functions further from the …

management positions, we explore the relationship between changes in the structure of the executive team, firm diversification … functional managers in headquarters. We find that the number of functional managers closer to the product ("product" functions i … ("administrative" functions i.e., finance, law, HR) increases with IT investments. Finally, we show that general manager pay decreases …