The Influence of Top Management Teams in the Strategic Orientation and Performance of Small and Medium-sized Enterprises
Department of Management, University of Valencia (Spain), Av. de los Naranjos s/n., 46022 Valencia, SpainCorresponding author email: alejandro.escriba@uv.esIdentifying which factors affect firms’ performance is a critical issue in strategic man-agement research. This paper addresses the influence of managerial team over thebehaviour and performance of small and medium-sized enterprises (SMEs). By treatingtop management team (TMT) characteristics as predictors of a firm’s strategicorientation, we seek to provide a more complete understanding of how thecharacteristics of managerial teams shape decision-making processes and SMEs’behaviours in order to successfully compete in low munificent environm…
Moderating Influences on the Firm's Strategic Orientation-Performance Relationship
This article is focused on the factors that moderate the relationship between firm's strategic orientation and performance in small and medium-sized firms. Much prior research has focused simply on identifying environmental conditions conducive to the effectiveness of the strategic orientation approach. However, recent research has called for studies focused on investigating internal moderators of the strategic orientation-performance relationship. As a result, we propose a contingency framework, considering how corporate and competitive strategies, top management characteristics, and environmental conditions may moderate this relationship. Based on a survey of 295 small and medium-sized en…
Antecedents of entry mode choice when diversifying
Abstract Corporate diversification is one of the broadest investigation topics in strategic management, but there are important gaps in the literature regarding entry mode choice. Few studies have examined the extent to which pre-entry conditions influence the choice of entry mode into new businesses. Past research has focused exclusively on internal development and acquisition as ways of entering new businesses, without considering the existence of hybrid forms, such as strategic alliances, that have experienced extensive growth during the last decade. Here we present an in-depth analysis of entry mode choice that uses an integrative perspective of corporate diversification and considers s…