Upper Echelon Theory: Role of Community and Strategy
Majdi Anwar Quttainah
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Majdi Anwar Quttainah: Management & Marketing Department, College of Business Administration, Kuwait University, Safat, Kuwait
International Journal of Innovation and Economic Development, 2015, vol. 1, issue 3, 35-44
Abstract:
In this paper, we argue that community plays an important role in shaping the values and characteristics of top management teams. It builds on upper echelon theory to posit that community level characteristics are instrumental in framing the cognitions of CEOs and top executives. Strategic decisions made by managers in organizations represent the significant impact community has on top management teams. Examining the influence community has on top management teams provides additional implications about why certain firms perform better than others.
Keywords: Upper Echelon Theory; community impact on top management; strategic decisions (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijoied:v:1:y:2015:i:3:p:35-44
DOI: 10.18775/ijied.1849-7551-7020.2015.13.2004
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