Relationships between Top Management Team Characteristics and International Diversification: an Empirical Investigation

Drawing on the executive demography and the upper‐echelons perspectives, this paper examines the relationships between top management team (TMT) characteristics (educational level, tenure, age, international experience and functional background) and firm international diversification. The study is b...

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Bibliographic Details
Published in:British journal of management 2005-03, Vol.16 (1), p.69-78
Main Authors: Herrmann, Pol, Datta, Deepak K.
Format: Article
Language:English
Subjects:
Correlation analysis
Demography
Diversification
Empirical research
Executives
Management
Management theory
Managers
Manufacturing
Multinational corporations
Studies
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Summary:Drawing on the executive demography and the upper‐echelons perspectives, this paper examines the relationships between top management team (TMT) characteristics (educational level, tenure, age, international experience and functional background) and firm international diversification. The study is based on a sample of 112 relatively large, internationally diversified US‐based firms in the manufacturing sector. Findings indicate that firms with higher levels of international diversification are likely to have TMTs characterized by higher educational level, shorter organizational tenures, younger executives and greater international experience. In addition, findings indicate that the relationships between TMT characteristics and international diversification are more dominant in better‐performing than in lower‐performing firms.
ISSN:1045-3172
1467-8551
DOI:10.1111/j.1467-8551.2005.00429.x