00951pab a2200157 454500008004000000100002200040245006400062260000900126300001600135362000800151520054400159650002600703650001500729700002400744773002500768180718b2007 xxu||||| |||| 00| 0 eng d aGreve, Henrich R. aPower and glory: concentrated power in top management teams c2007 ap.1197-221. aAug aStrategic change is one of the most critical decisions that organizations make. We 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. We derive hypotheses on how formal and informal power concentration in top management teams have an effect on changes in corporate diversification. The findings suggest that power concentration strongly affects decision making. - Reproduced. aOrganizational change aManagement aMitsuhashi, Hitoshi aOrganization Studies