Past studies have emphasized the role played by product design and corporate identity for defining and reinforcing a company's strategy. In recent years, however, the dominance of strategic models focused on positioning within the industry structure or on the endowment of resources has moved...

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...