Loading…

The influence of team functional processes on investment team performance

Considerable research has been conducted into the factors that affect the formation and the functioning of teams. Many of our most important decisions are trusted to teams (groups) rather than to individuals. Examples include investment decisions, capital budgeting decisions, and executive hiring de...

Full description

Saved in:
Bibliographic Details
Published in:International journal of business, marketing, and decision sciences marketing, and decision sciences, 2011-03, Vol.4 (1), p.56
Main Authors: Branson, Leonard, Bin, Feng-Shun, Sung, Chung-Hsien, He, Fang
Format: Article
Language:English
Subjects:
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Considerable research has been conducted into the factors that affect the formation and the functioning of teams. Many of our most important decisions are trusted to teams (groups) rather than to individuals. Examples include investment decisions, capital budgeting decisions, and executive hiring decisions. This study reports on the results of empirical research into the impact that team social processes have on the investment performance of virtual (VT) and face-to-face (F2F) investment teams. This research looks at the portfolio returns, team members' risk tolerance, and the Sharp risk adjusted portfolio returns of VT and F2F investment teams. The impact of the social processes of the teams was measured using the Group Style Inventory (GSI). The results of this study indicate that the social processes involved in teaming impact the performance of VT and CT differently.
ISSN:1942-8162