“…It assumes that preference emerges out of the decision-making process and that the group collectively endorses a particular course of action. Scholars have used this approach to study strategic change (Boeker, 1997;Wiersema and Bantel, 1992;Sidhu et al, 2021), innovation strategy (Bantel and Jackson, 1989;Qian et al, 2013;West and Anderson, 1996), international strategy (Herrmann and Datta, 2005;Nielsen and Nielsen, 2011), and competitive strategy (Hambrick et al, 1998;Marcel et al, 2010). In this approach, group-level mechanisms have taken center stage, such as different types of conflict (Amason, 1996;Simons and Peterson, 2000), cognitive diversity (Kilduff et al, 2000;Narayan et al, 2021), and informational availability to inform decisions (Alexiev et al, 2010).…”