The implications of strategy and social context for the relationship between top management team heterogeneity and firm performance

2002 ◽  
Vol 23 (3) ◽  
pp. 275-284 ◽  
Author(s):  
Mason A. Carpenter
Keyword(s):  
Social Context ◽  
Firm Performance ◽  
Top Management Team ◽  
Management Team ◽  
Top Management ◽  
Team Heterogeneity ◽  
The Relationship

scholarly journals Top Management Team Demographic Diversities, Generic Strategy and Firm Performance in Marketing Social Research Association (MSRA) in Kenya

2016 ◽  
Vol 2 (2) ◽  
pp. 30 ◽  
Author(s):  
Tecle H. Yohannes ◽  
Aloys B. Ayako
Keyword(s):  
Firm Performance ◽  
Social Research ◽  
Top Management Team ◽  
Management Team ◽  
Top Management ◽  
Research Association ◽  
Leadership Strategy ◽  
Generic Strategy ◽  
The Relationship ◽  
Cost Leadership Strategy

This study investigated the relationship between Top Management Team (TMT) demographic diversities and firm performance using generic strategies as intervening variable in the Marketing and Social Research Association (MSRA) firms in Kenya. First, the relationship between TMT characteristics diversities and generic strategy was analyzed. Second, the link between generic strategy and firm performance was estimated. Mixed methods research design was used to critically investigate the relationship between the latent exogenous and endogenous variables of this study. The mixed research design used in this study was triangulation design, which was mainly transformation design model. The data were analyzed using structural equation modeling analysis, using IBM SPSS AMOS version 21. The study found out that the homogenous demographic diversities among the top management team members had statistically significant effect on cost leadership strategy (p = 0.012). Besides, cost leadership strategy showed a statistically significant positive relationship on firm performance (p = 0.005). The findings of this study implied that organizations need to know and develop the best composition of top management team based on their demographic diversities in relation to the environment. Besides, the organizations need to empower the TMT members using monetary and nonmonetary incentives to further improve performance. Last but not least, the compositions of TMT in marketing research firms need to embrace gender diversity.

Top management team diversity, individualism–collectivism, and MNE performance

2019 ◽  
Vol 19 (3) ◽  
pp. 273-290
Author(s):  
Adrian Gil ◽  
Lance Eliot Brouthers ◽  
Dawn L Keig
Keyword(s):  
Firm Performance ◽  
Functional Diversity ◽  
Multinational Enterprises ◽  
Top Management Team ◽  
Management Team ◽  
Top Management ◽  
Cultural Perspective ◽  
Functional Heterogeneity ◽  
National Cultures ◽  
The Relationship

Existing theories of diversity typically focus on a limited range of usually American research settings and on a relatively narrow range of types of diversity. Here, we examine a less commonly used measure of diversity, top management team (TMT) functional diversity, for a sample of non-US multinational enterprises (MNEs) from a cross-cultural perspective. We theorize and empirically test the notion that the individualism–collectivism dimension of national culture moderates the relationship between TMT diversity (measured by functional heterogeneity) and firm performance such that greater functional diversity among TMTs in collectivistic national cultures improves firm performance, while greater functional diversity among TMTs in individualistic national cultures weakens MNE performance. Our empirical results based on a sample of MNEs from 25 countries support our hypotheses. The relationship between TMT functional heterogeneity and firm performance is strongly negative in highly individualistic national cultures but positive in collectivistic national cultures. Managerial implications, limitations, and future research directions are discussed.

The Impact of Top Management Team Demography on Firm Performance in China

2005 ◽  
Vol 4 (3) ◽  
pp. 227-250 ◽  
Author(s):  
Li-Qun Wei ◽  
Chung-Ming Lau ◽  
Michael N Young ◽  
Zhihui Wang
Keyword(s):  
Firm Performance ◽  
Top Management Team ◽  
Management Team ◽  
Top Management ◽  
The Impact
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