Abstract
Prior findings on the association between top management team (TMT) functional diversity and firm performance have been inconsistent. We consider the moderating effects of internal context (colocation of TMT members) and external context (environmental uncertainty) on the TMT diversity-firm performance relationship. Additionally, we consider both dominant and intrapersonal functional diversity. In our results from 207 U.S. firms in 11 industries, the effects of TMT functional diversity on firm performance become more positive as the proportion of TMT members with offices in the same location increases. The effects of intrapersonal functional diversity also become more positive as environmental uncertainty increases.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 768-784 |
| Number of pages | 17 |
| Journal | Academy of Management Journal |
| Volume | 51 |
| Issue number | 4 |
| State | Published - Aug 2008 |
| Externally published | Yes |
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ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation
- Strategy and Management
- Business, Management and Accounting(all)
Cite this
Top management team functional background diversity and firm performance : Examining the roles of team member colocation and environmental uncertainty. / Cannella, Albert A.; Park, Jong Hun; Lee, Ho Uk.
In: Academy of Management Journal, Vol. 51, No. 4, 08.2008, p. 768-784.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Top management team functional background diversity and firm performance
T2 - Examining the roles of team member colocation and environmental uncertainty
AU - Cannella, Albert A.
AU - Park, Jong Hun
AU - Lee, Ho Uk
PY - 2008/8
Y1 - 2008/8
N2 - Prior findings on the association between top management team (TMT) functional diversity and firm performance have been inconsistent. We consider the moderating effects of internal context (colocation of TMT members) and external context (environmental uncertainty) on the TMT diversity-firm performance relationship. Additionally, we consider both dominant and intrapersonal functional diversity. In our results from 207 U.S. firms in 11 industries, the effects of TMT functional diversity on firm performance become more positive as the proportion of TMT members with offices in the same location increases. The effects of intrapersonal functional diversity also become more positive as environmental uncertainty increases.
AB - Prior findings on the association between top management team (TMT) functional diversity and firm performance have been inconsistent. We consider the moderating effects of internal context (colocation of TMT members) and external context (environmental uncertainty) on the TMT diversity-firm performance relationship. Additionally, we consider both dominant and intrapersonal functional diversity. In our results from 207 U.S. firms in 11 industries, the effects of TMT functional diversity on firm performance become more positive as the proportion of TMT members with offices in the same location increases. The effects of intrapersonal functional diversity also become more positive as environmental uncertainty increases.
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UR - http://www.scopus.com/inward/citedby.url?scp=51549090657&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:51549090657
VL - 51
SP - 768
EP - 784
JO - Academy of Management Journal
JF - Academy of Management Journal
SN - 0001-4273
IS - 4
ER -