...Xi Zhong; He Wan; Qiuping Peng Purpose The authors analyze the effects of controlling shareholders' stock pledging on firms' strategic change behavior, and investigate how the balance of power between shareholders and analyst coverage moderates those effects. Design/methodology/approach...

...Sarah Kieran; Juliet MacMahon; Sarah MacCurtain Purpose The critical input of middle managers as they make sense of the organisation's plans is paramount during the process of strategic change. Through the lens of middle manager sensemaking literature, this explorative research identifies key...