On How Top Management Team Heterogeneity Impacts Company Performance in Various Industry Sectors

摘要：

In this paper, a sample of 233 listed companies from Shenzhen and Shanghai stock markets was selected, and an empirical analysis of the data about the top management team members from 2004 to 2006 was carried out. It found that: TMT educational background heterogeneity and functional background heterogeneity are positively related to firm performance; however, TMT educational level heterogeneity is negatively related to firm performance; TMT firm tenure heterogeneity is positively related to firm performance in a comparatively weak competitive industry, while TMT’s firm tenure heterogeneity is negatively related to firm performance in a comparatively strong competitive industry. The research results and prospects were explained in this paper.

关键词： top management team heterogeneity firm performance industry

作者: Jia Dan

作者单位: Management School, Henan University of Technology, P.R.China, 450001

会议类型: 国际会议

会议名称: 2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)

会议地点: 青岛

会议语种:英文

页码: 1-8

在线出版日期: 2009-07-25（万方平台首次上网日期，不代表论文的发表时间）