Top management teams characteristics and firms performance: literature review and avenues for future research

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammed Aboramadan
Keyword(s):  
Literature Review ◽  
Top Management Teams ◽  
Management Teams ◽  
Empirical Literature ◽  
Future Research ◽  
Top Management ◽  
Entrepreneurial Firms ◽  
Content Type ◽  
The Relationship ◽  
Performance Literature

Purpose The purpose of this paper is to review the empirical literature on the relationship between the characteristics of the top management teams (TMTs) and the performance of entrepreneurial firms. Design/methodology/approach A literature review was carried out on 33 empirical studies related to TMTs and performance through analyzing and summarizing the quantitative studies conducted in this area. Findings The results of the literature review show that the relationship between TMTs (demographics and heterogeneity) and the performance of entrepreneurial firms is not straightforward and further investigation is still needed in this area. Practical implications The author maps the theoretical and empirical research of TMT demographics and heterogeneity in relation to firms’ performance and possible moderators and mediators, which govern the relationship between TMT composition and firms’ performance. Originality/value The author presents a detailed future research agenda for the purpose of advancing the theoretical and empirical knowledge on TMT-performance links. The review provides a comprehensive picture of TMT-firms’ performance literature and what should be done to enrich the literature.

Leveraging Multinational Firm Performance through the Use of Diversified Top Management Teams

2012 ◽  
pp. 185-201
Author(s):  
Güven Alpay ◽  
Pinar Büyükbalci
Keyword(s):  
Organizational Performance ◽  
Top Management Teams ◽  
Management Teams ◽  
Multinational Firm ◽  
Empirical Literature ◽  
Top Management ◽  
Long Run ◽  
The Relationship ◽  
Implementing Strategies ◽  
Strategic Outcomes

This chapter discusses the theoretical framework covering the relationship between top management team diversity determinants and certain organization-level variables in order to capture the essence of possible strategic outcomes. Accordingly, it attempts to summarize and clarify the theoretical and empirical literature regarding the effects of diversity on the functioning of top management teams. In this sense, the main aim of this study is to contribute to and improve the current literature on diversity through the viewpoint of strategic international business literature by directly focusing on the organizational unit—top management teams—which is responsible for formulating and implementing strategies that will leverage organizational performance in the long run.

The glue that holds an organization together: building organizational vision with top management teams

2018 ◽  
Vol 32 (6) ◽  
pp. 1-4
Author(s):  
Frank Lattuch ◽  
Patricia Dankert
Keyword(s):  
Organizational Development ◽  
Design Methodology ◽  
Case Analysis ◽  
Shared Vision ◽  
Top Management Teams ◽  
Management Teams ◽  
Top Management ◽  
Shared Understanding ◽  
Organizational Vision ◽  
Content Type

Purpose Top-management teams often have no shared understanding of the organizational vision, or they find it unhelpful for decision-making due to its vague and uninspiring style. The purpose of this paper is to test a theory-based workshop to effectively develop a shared vision for organizational development and learning. Design/methodology/approach Based on the Collins and Porras (2008) vision framework, the authors tested a workshop design with top management teams. Findings The outlined vision workshop is a useful tool to develop a shared organizational vision in a systematic way. Originality/value This paper provides a practical approach to vision building that is relevant and shared by top management teams. Lessons drawn from the case analysis provide insights into the means by which organizations can shape their development through a compelling, guiding force.

Dynamic capabilities vs. innovation capability: are they related?

2014 ◽  
Vol 21 (3) ◽  
pp. 368-384 ◽  
Author(s):  
Lidija Breznik ◽  
Robert D. Hisrich
Keyword(s):  
Literature Review ◽  
Design Methodology ◽  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Future Research ◽  
Innovation Capability ◽  
New Approach ◽  
Content Type ◽  
New Research ◽  
The Relationship

Purpose – The purpose of this paper is to provide insights into the relationship between dynamic capabilities and innovation capabilities. It links dynamic capability with innovation capability and indicates the ways they can be related. Design/methodology/approach – The relationships between dynamic and innovation capability were investigated through a systematic literature review. Findings – The review indicates that common characteristics exist between of the both fields, which demonstrate six relationships. Additionally, findings show some inconsistencies and even contradictions. Originality/value – In this paper, the authors have compared dynamic capabilities, a relatively new approach in the field of strategic management, with innovation capabilities, a widely recognised crucial domain for sustained competitiveness. Since both areas address issues that are essential to today's environment, future research should seek to clarify both concepts, by undertaking some new research and developing comprehensive and unambiguous framework.

Antecedents of relationship conflict in top management teams

2014 ◽  
Vol 25 (2) ◽  
pp. 124-147 ◽  
Author(s):  
Carmen Camelo-Ordaz ◽  
Joaquin García-Cruz ◽  
Elena Sousa-Ginel
Keyword(s):  
Top Management Teams ◽  
Management Teams ◽  
Relationship Conflict ◽  
Top Management ◽  
New Approach ◽  
Content Type ◽  
Behavioral Integration ◽  
Measurement Analysis ◽  
And Behavior ◽  
Relationship Of

Purpose – The aim of this paper is to analyze the influence of two categories of conflict antecedents – input and behavior antecedents – on the level of relationship conflict (RC) in top management teams (TMTs). The authors apply a process view to conflict, and consider that the effect of the input antecedents on RC may be mediated by a behavioral antecedent: behavioral integration. Design/methodology/approach – Using a survey instrument, multi-informant data were collected from 64 TMTs. An aggregation and measurement analysis was performed. To test the hypotheses of mediation, bootstrapping procedures were used. Findings – The results show that the effects of team tenure, intragroup trust and value consensus on relationship conflict are mediated by behavioral integration. However, TMT size does not affect relationship conflict – either directly or indirectly – through behavioral integration. Research limitations/implications – It is concluded that encouraging intragroup trust and value consensus among TMT members facilitates the integrated behavior of the team. This behavioral integration may allow conflict to be constructive. Therefore, firms should make an effort to encourage this psychological context. Originality/value – Previous research about the antecedents of RC in the field of TMTs is inconclusive. Additionally, a new approach to conflict antecedents is considered, to establish a direct and independent relationship between different categories of antecedents and TMT conflict. A relationship of interdependence is considered between different types of antecedents and their effects on RC.

Resilience of firefighters exposed to potentially traumatic events: a literature review

2020 ◽  
Vol 9 (2) ◽  
pp. 217-232
Author(s):  
Vanessa Laureys ◽  
Marleen Easton
Keyword(s):  
Literature Review ◽  
Measurement Techniques ◽  
Traumatic Events ◽  
Well Being ◽  
Research Field ◽  
Empirical Literature ◽  
Future Research ◽  
Cross Sectional ◽  
Content Type ◽  
Potentially Traumatic Events

PurposeThe purpose of this study is to explore the empirical literature on the resilience of firefighters related to potentially traumatic events (PTE). This paper identifies how resilience is defined in this particular research field, reveals trends in applied research methods and examines the main topics addressed in previous research.Design/methodology/approachWeb of Science, PsycARTICLES and Google Scholar databases were searched, as well as a secondary manual screening of the reference lists of all the selected studies and Dutch academic journals. Based on this review, 54 empirical articles were included in the current paper.FindingsFirstly, this paper revealed that there is no consensus in how to define the concept of resilience in this specific research area. A second observation was that most of the selected studies used a quantitative, cross-sectional research design. Finally, the 54 empirical studies provided insights on six topics: the role of the organization, demographic factors, personal characteristics, coping strategies, social support and the reactions of firefighters in the aftermath of PTE. Comparing the empirical results was challenged by the different interpretations and denominations of the concept of resilience and the myriad of measurement techniques applied across the selected articles.Originality/valueThis literature review discovered some promising avenues for future research regarding resilience of firefighters. Moreover, it demonstrated that studying resilience is particularly interesting as the identification of supporting factors leads to a better understanding of how to enhance the well-being, job satisfaction and job performance of firefighters.

The personality factor: how top management teams make decisions. A literature review

2011 ◽  
Vol 17 (4) ◽  
pp. 1073-1100 ◽  
Author(s):  
Gianpaolo Abatecola ◽  
Gabriele Mandarelli ◽  
Sara Poggesi
Keyword(s):  
Literature Review ◽  
Top Management Teams ◽  
Management Teams ◽  
Personality Factor ◽  
Top Management

Corporate entrepreneurship strategy: an analysis of top management teams in SMEs

2018 ◽  
Vol 13 (4) ◽  
pp. 528-543 ◽  
Author(s):  
Asghar Afshar Jahanshahi ◽  
Khaled Nawaser ◽  
Alexander Brem
Keyword(s):  
Cultural Intelligence ◽  
Corporate Entrepreneurship ◽  
Top Management Teams ◽  
Future Research ◽  
Top Management ◽  
Ambiguity Tolerance ◽  
The South ◽  
Content Type ◽  
East Of Iran

Purpose In order to learn more about the antecedents of strategy at the top management team’s (TMT) level, the purpose of this paper is to investigate the effects of TMT cultural intelligence on corporate entrepreneurship strategy. Then, the authors examine how TMT’s ambiguity tolerance mediates this relationship. Design/methodology/approach The authors tested the hypothesis by collecting survey data from 41 TMTs of small- and medium-sized enterprises in the south-east of Iran. Findings The survey results confirm that a high level of cultural intelligence in TMTs is conducive to corporate entrepreneurship. Furthermore, the result shows that higher levels of cultural intelligence in TMTs relate to a higher level of ambiguity tolerance, which, in turn, enhances the possibility of pursuing corporate entrepreneurship strategy by SMEs. Research limitations/implications The data for this study were obtained from 41 TMTs in the south-east of Iran, which increases the probability that the results may not be directly transferable to certain companies in Western countries. Future research might attempt to test the ideas developed in this paper across different settings and samples. Originality/value Several theoretical and empirical studies have explored possible antecedents of corporate entrepreneurship. But a few papers investigated the role of TMT dispositions on corporate entrepreneurship strategy. By addressing the prominent role of TMT psychological dispositions on corporate entrepreneurship strategy, this paper attempts to fill this gap.

The impact of the top management teams’ knowledge and experience on strategic decisions and performance

2016 ◽  
Vol 23 (4) ◽  
pp. 504-523 ◽  
Author(s):  
Peng-Yu Li
Keyword(s):  
Positive Association ◽  
International Experience ◽  
Top Management Teams ◽  
Management Teams ◽  
Top Management ◽  
Strategic Decisions ◽  
Foreign Countries ◽  
And Performance ◽  
The Impact ◽  
The Relationship

AbstractThis paper explores whether top management teams’ (TMTs) knowledge and experience are significant predictors of a firm’s strategic decisions and organization outcomes. The existing research throws little light on how firms with limited resources embedded in TMTs, particularly in emerging markets, innovate and achieve success in foreign countries. We focus on the impact of TMTs’ functional background heterogeneity and international experience on innovation and internationalization, as well as examine the relationship between innovation, internationalization and performance. The proposed relationships are empirically investigated in a sample of Taiwanese-listed companies operating in the electronics industry. The results demonstrate a positive association between a TMT’s functional background heterogeneity and a firm’s innovation. Moreover, a TMT’s international experience relates positively to a firm’s innovation and internationalization, therefore firms with a higher level of innovation achieve a higher level of internationalization.

Demographic determinants of electronic commerce (EC) adoption by SMEs

2015 ◽  
Vol 28 (3) ◽  
pp. 326-345 ◽  
Author(s):  
Hart Okorie Awa ◽  
Don Monday Baridam ◽  
Barinedum Michael Nwibere
Keyword(s):  
Geographical Location ◽  
Factor Loading ◽  
Hierarchical Regression ◽  
Future Research ◽  
Top Management ◽  
Validity And Reliability ◽  
Location Factors ◽  
Content Type ◽  
Demographic Composition ◽  
The Relationship

Purpose – Research on the demographic characteristics of top management team (TMT) on e-commerce adoption has really advanced. Although some of such studies factored location factors as e-commerce adoption drivers, rare attempts have been made to unravel if the differences in the demographic composition of TMT and the rate of adoption may be explained by the differences in the firm’s geographical location. Therefore, the purpose of this paper is to bridge this knowledge gap by proposing a framework that conceives and measures geographical location as a contextual variable between e-commerce adoption and TMT composition. Design/methodology/approach – Data were generated from the opinions of owners/managers of 226 SMEs drawn purposefully from registered SMEs in five industries located in three geo-political zones of Nigeria. Two cities (a state capital and a commercial nerve centre) were studied and a four-step hierarchical regression (spanning factor-loading) was used to test the hypotheses. Findings – Evidence from the study shows that the hypothesized relationships between demographic factors and e-commerce adoption (main/direct effects) were statistically significant (supporting H1-H4). The two moderators (physical infrastructures and industrial specialization) that explained location factors were equally statistically significant in moderating the relationship between the demographic composition of TMT and e-commerce adoption. Research limitations/implications – Sampling the opinions of SMEs in some industries of three geo-political zones of Nigeria limits the power of generalization. Therefore, extended data and measures are required to replicate the study in order to build external validity and reliability, and possibly theories. Further, some errors seem unavoidable in the course of converting the data through SPSS procedure just as all the measures used appear subjective and prone to common method bias. Other demographic and location factors not captured in the study may be handled by future studies. Originality/value – The work will be of benefit to the academia and practitioners in terms of showing how location factors dictate the relationship between the demographic composition of top management and e-commerce adoption. The paper raises pointers that stimulate future research and advised policy-makers on even or near-even distribution of infrastructural facilities.

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