Top management team nationality diversity and firm performance: A multilevel study

• 成果类型: Article
• 署名作者: Nielsen, Bo Bernhard; Nielsen, Sabina
• 署名单位: Copenhagen Business School; University of Technology Sydney; Copenhagen Business School
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2021
• 发表日期: 2013
• 页码: 373-382
• 关键词: TOP MANAGEMENT TEAMS; diversity; performance; multilevel; multinational teams

摘要

This research reexamines the equivocal relationship between top management team (TMT) diversity and firm performance. Combining upper echelons theory with insights from institutional theory, we establish a new, timely dimension of TMT diversitynationality diversityand develop an integrated multilevel framework explaining how its performance implications vary across contextual settings. We find that nationality diversity is positively related to performance; and this effect is stronger in (a) longer tenured teams, (b) highly internationalized firms, and (c) munificent environments. More generally, our research demonstrates that the consequences of TMT diversity depend on the (1) specific attributes of diversity being considered and (2) firm and industry conditions under which strategic decisions take place. Copyright (C) 2012 John Wiley & Sons, Ltd.