Cited by 2,389Social Power and Status DynamicsTeam Dynamics and PerformanceGender Diversity and Inequality

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Power in Top Management Teams: Dimensions, Measurement, and Validation

Finkelstein, S.·1992·Academy of Management Journal

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Abstract

Top managers' power plays a key role in strategic decision making. However, although numerous scholars have recognized its importance, very few have attempted to measure the phenomenon. In this article, I present a set of dimensions measuring top managers' power and suggest a measurement methodology to facilitate empirical inquiry. Data from a group of 1,763 top managers in three industries were used to assess the validity and reliability of the power dimensions in three studies. Results demonstrate strong support for the proposed power dimensions.

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Authors: Finkelstein, S.
Affiliations: University of Southern California (US)
Corresponding author: Finkelstein, S.
ORCID: Finkelstein, S.
Venue: Academy of Management Journal
Publisher: Academy of Management
Published: 1992-08-01
Volume: 35
Issue: 3
Pages: 505-538
ISSN: 0001-4273 (ISSN-L)
1948-0989
DOI: 10.5465/256485
OpenAlex: W2168930496
Cited by: 2,389
References: 102
Citations by year: 2026: 112 · 2025: 147 · 2024: 153 · 2023: 170 · 2022: 144 · 2021: 144 · 2020: 142 · 2019: 124 · 2018: 117 · 2017: 100 · 2016: 104 · 2015: 109 · 2014: 97 · 2013: 84 · 2012: 87
FWCI: 54.45
Type: journal article
Language: en
Open access: closed
Locations: Academy of Management Journal (publishedVersion)
PubMed (publishedVersion)
Topics: Social Sciences › Sociology and Political Science › Social Power and Status Dynamics
Social Sciences › Psychology › Social Psychology › Team Dynamics and Performance
Social Sciences › Gender Studies › Gender Diversity and Inequality
Keywords: top management teams, managerial power, power measurement, strategic decision-making, measurement validity, reliability statistics, top managers
MeSH terms: Workforce, Administrative Personnel, Commerce, Data Collection, Decision Making, Organizational, Humans, Institutional Management Teams, Leadership, Power, Psychological, United States

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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

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Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.

Power in Top Management Teams: Dimensions, Measurement, and Validation

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