Ownership Structure and the Strategic Decision Process: A Comparative Case Study

32 Pages Posted: 30 Jul 2001

See all articles by Davide Ravasi

Davide Ravasi

SDA Bocconi; Bocconi University - Department of Management and Technology

Alessandro Zattoni

University of Bocconi - Strategic and Entrepreneurial Management

Date Written: March 2001

Abstract

The article investigates the relationship between ownership structure and the role played by the board of directors in the strategic decision process. A comparative case study of strategic decision processes indicates that ownership concentration, the nature of shareholders' interests and the distribution of relevant knowledge affect the key functions performed by the board of directors, the involvement of the board in the different phases of the strategic decision process, and the most adopted decision mechanisms.

Key Words: board of directors, decision making, strategy formulation, politics, ownership structure

JEL Classification: M10

Suggested Citation

Ravasi, Davide and Zattoni, Alessandro, Ownership Structure and the Strategic Decision Process: A Comparative Case Study (March 2001). SDA Bocconi, Research Division Working Paper No. 01-46, Available at SSRN: https://ssrn.com/abstract=278238 or http://dx.doi.org/10.2139/ssrn.278238

Davide Ravasi (Contact Author)

SDA Bocconi ( email )

Via Bocconi 8
Milan, Milan 20136
Italy

Bocconi University - Department of Management and Technology ( email )

Via Roentgen 1
Milan, MI 20136
Italy

Alessandro Zattoni

University of Bocconi - Strategic and Entrepreneurial Management ( email )

Via Bocconi 8
Milan, Milan 20136
Italy

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