Corporate elite characteristics and firm's internationalization: CEO-level and TMT-level roles

被引:91
作者
Jaw, Yi-Long [2 ]
Lin, Wen-Ting [1 ]
机构
[1] Tunghhai Univ, Dept Business Adm, Taichung, Taiwan
[2] Natl Taiwan Univ, Dept Int Business, Taipei 10764, Taiwan
关键词
CEO; corporate elites; internationalization; TMT; TOP-MANAGEMENT-TEAM; GLOBAL STRATEGIC POSTURE; MODERATING ROLE; UPPER ECHELONS; PERFORMANCE; DIVERSIFICATION; HETEROGENEITY; GOVERNANCE; DIVERSITY; OUTCOMES;
D O I
10.1080/09585190802528797
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This study attempts resolution of certain ambiguities of the corporate elite - Chief Executive Officer (CEO) and Top Management Team (TMT) - effect on corporate internationalization strategy. This work hypothesized that curvilinear relationship exists between CEO position tenure, TMT size, and TMT tenure heterogeneity and a firm's internationalization, by combining previous upper echelon theory and processing international business school perspective. Our detailed empirical findings indicate that CEO and TMT characteristics show a nonlinear relationship, based on 165 samples of Taiwanese firms operating in a technologically intensive industry. An inverted U-shaped relationship exists between CEO position tenure and TMT size regarding a firm's internationalization. These associations are an inverted U-shape, when internationalization level facing TMT tenure heterogeneity is accounted for.
引用
收藏
页码:220 / 233
页数:14
相关论文
共 69 条
[11]  
BRADY GF, 1982, HOSP HEALTH SERV ADM, V27, P53
[12]   Contrasting perspectives on strategic leaders: Toward a more realistic view of top managers [J].
Cannella, AA ;
Monroe, MJ .
JOURNAL OF MANAGEMENT, 1997, 23 (03) :213-237
[13]   Upper echelons research revisited: Antecedents, elements, and consequences of top management team composition [J].
Carpenter, MA ;
Geletkanycz, MA ;
Sanders, WG .
JOURNAL OF MANAGEMENT, 2004, 30 (06) :749-778
[14]   The effects of top management team pay and firm internationalization on MNC performance [J].
Carpenter, MA ;
Sanders, WG .
JOURNAL OF MANAGEMENT, 2004, 30 (04) :509-528
[15]   Testing a model of reasoned risk-taking: Governance, the experience of principals and agents, and global strategy in high-technology IPO firms [J].
Carpenter, MA ;
Pollock, TG ;
Leary, MM .
STRATEGIC MANAGEMENT JOURNAL, 2003, 24 (09) :803-820
[16]   Microlevel opportunity structures as determinants of non-CEO executive pay [J].
Carpenter, MA ;
Wade, JB .
ACADEMY OF MANAGEMENT JOURNAL, 2002, 45 (06) :1085-1103
[17]   Top management team compensation: The missing link between CEO pay and firm performance? [J].
Carpenter, MA ;
Sanders, WG .
STRATEGIC MANAGEMENT JOURNAL, 2002, 23 (04) :367-375
[18]   Top management teams, global strategic posture, and the moderating role of uncertainty [J].
Carpenter, MA ;
Fredrickson, JW .
ACADEMY OF MANAGEMENT JOURNAL, 2001, 44 (03) :533-545
[19]   The separation of ownership and control in East Asian Corporations [J].
Claessens, S ;
Djankov, S ;
Lang, LHP .
JOURNAL OF FINANCIAL ECONOMICS, 2000, 58 (1-2) :81-112
[20]   Managerialist and human capital explanations for key executive pay premiums: A contingency perspective [J].
Combs, JG ;
Skill, MS .
ACADEMY OF MANAGEMENT JOURNAL, 2003, 46 (01) :63-73