@article {Roberto:1 March 2003:0025-1747:120, author = "Roberto, Michael A.", title = "The stable core and dynamic periphery in top management teams", journal = "Management Decision", volume = "41", year = "1 March 2003", abstract = "This study explores how top management teams make strategic decisions. The findings indicate that the top management team performs a variety of monitoring and control functions within most firms, but that a single team with stable composition does not make strategic choices in most organizations. Instead, different groups, with members from multiple organizational levels, form to make various strategic decisions. A stable subset of the top team forms the core of each of these multiple decision-making bodies. The findings offer a possible explanation for inconsistent findings in the top management team literature, and suggest several new directions for future senior team research.", pages = "120-131(12)", url = "http://www.ingentaconnect.com/content/mcb/001/2003/00000041/00000002/art00001" doi = "doi:10.1108/00251740310457560" }