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RESEARCH PRODUCT
The Influence of Top Management Teams in the Strategic Orientation and Performance of Small and Medium-sized Enterprises
Alejandro Escribá-esteveLuz Sánchez-peinadoEsther Sanchez-peinadosubject
Knowledge managementbusiness.industryOrder (business)Management of Technology and InnovationStrategy and ManagementTop managementSample (statistics)BusinessMarketingStrategic orientationGeneral Business Management and Accountingdescription
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 environments. Based onprimary data regarding managerial characteristics and firms’ behaviours of a sample of295 SMEs, our results confirm that a firm’s strategic orientation plays a mediating rolein explaining how TMT characteristics determine SMEs’ performance.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2009-12-01 | British Journal of Management |