@article{529cea2d8e1148879fd434d54b6c16f2,
title = "Attributive change in top management teams as a driver of strategic change",
abstract = "This study examines the role of top management team (TMT) member succession in breaking organizational inertia. We compare the impact of two types of change in TMTs-in member number and demographic heterogeneity-on subsequent strategic reorientation using data on the diversification activities of firms in the Japanese textile industry. Our findings suggest that executive succession does not trigger strategic change unless succession entails change in the values and interests of executives embedded in their demographic traits.",
keywords = "Demographic approach, Executive succession, Strategic change",
author = "Riu Yokota and Hitoshi Mitsuhashi",
note = "Funding Information: Research support to the second author was provided by the Japanese Ministry of Education, Culture, Sports, Science, and Technology{\textquoteright}s Grant-in-Aid for Young Scientists (B; 18730240). We thank Steven White and three anonymous reviewers for their helpful and constructive comments. R.Yokota(*) . H. Mitsuhashi Institute of Policy and Planning Sciences, University of Tsukuba, Tennoudai 1-1-1, Tsukuba, Ibaraki 305-8573, Japan e-mail: yokota@asotk.com",
year = "2008",
month = jun,
doi = "10.1007/s10490-007-9060-5",
language = "English",
volume = "25",
pages = "297--315",
journal = "Asia Pacific Journal of Management",
issn = "0217-4561",
publisher = "Springer New York",
number = "2",
}