“…The Behavioral Theory of the Firm (Cyert and March, 1992) argues that while small firms may operate under the guidance of the entrepreneur, larger firms include coalitions of individuals or groups that participate in setting goals and making decisions. Nevertheless, the issue of how CEOs facilitate strategic decision-making processes in TMTs , influence organizational processes (Garcia-Morales et al, 2008) and help to build adaptability (Nadkarni and Herrmann, 2010) remains elusive. Hambrick (1994) noted that a focus on TMT behavioural integration (BI), which refers to the extent to which a TMT is engaged in a mutual and collaborative interaction (Hambrick, 1994), may explain adaptive and maladaptive organizational responses to changing environments (Hambrick, 1998), but this line of research still needs further theoretical development and empirical evidence (Hambrick, 2007;Simsek et al, 2005), particularly in the context of small entrepreneurial firms (Johnson et al, 2003;Lubatkin et al, 2006).…”