Top-management-team tenure and organizational outcomes: the moderating role of managerial discretion.

From: Administrative Science Quarterly | Date: September 1, 1990| Author: Finkelstein, Sydney; Hambrick, Donald C. | Copyright information

Drawing on an upper-echelons framework to study the effects of top-management-team tenure and modeling managerial discretion as a moderating variable, this study examined the relationship between managerial tenure and such organizational outcomes as strategic persistence and conformity in strategy and performance with other firms in an industry. In a sample of 100 organizations in the computer, chemical, and natural-gas distribution industries, executive-team tenure was found to have a signif...

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