Top Management Teams, Strategy and Financial Performance: A Meta-Analytic Examination
27 Pages Posted: 30 May 2006
There are 2 versions of this paper
Top Management Teams, Strategy and Financial Performance: A Meta-Analytic Examination
Abstract
A considerable amount of research has investigated the linkage between top management team (TMT) characteristics and firm financial performance. Much of this research relies on demographic data. While these data are reliable and accessible, findings across studies are not consistent. Meta-analysis of several TMT indicators and firm financial performance provides modest support for direct relationships but indicates moderating influences. Further meta-analysis and a confirmatory factor analysis enrich these findings by examining potential moderating and intervening factors.
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
-
Risk, the Pricing of Capital Assets, and the Evaluation of Investment Portfolios
-
The Option Pricing Model and the Risk Factor of Stock
By Dan Galai and Ronald W. Masulis
-
Tests of Capital Market Theory and Implications of the Evidence
-
By Anwer S. Ahmed, Carolyn Takeda, ...
-
Optimal Utilization of Market Forecasts and the Evaluation of Investment Performance
-
A Comparison between the European and the U.S. Mutual Fund Industry
By Rogér Otten and Mark Schweitzer
-
Top Management Teams, Strategy and Financial Performance: A Meta-Analytic Examination
By S. Trevis Certo, Richard H. Lester, ...