Search results for "Top management team"
showing 8 items of 8 documents
Top management team demography and firm operating performance: a path analysis
2020
PurposeThis paper examined the relationship between TMT demographic properties and firm performance using diversity and level variables and measuring differing constructs of firm performance representing divergent strategies.Design/methodology/approachStructural equation modelling was used to test the relationships between TMT demographic properties and firm performance measured as return on net operating assets (RNOA), and its disaggregates profit margin (PM) and asset turnover (ATO). Data were from 89 Finnish firms during the years 2008–2011, resulting in 320 observations.FindingsTMT team tenure had associations with RNOA through both PM and ATO while TMT age, age diversity, firm tenure, …
CEO-TMT interaction: do tenure and age affect ambidexterity dynamism?
2013
The aim of this study is to clarify the influence of the CEO, the top management team and their interactions on the dynamism of organisational ambidexterity. We argue that ambidexterity is a dynamic capability that enables firms to become aligned with their environment. We examine this phenomenon in the context of the current economic crisis, with particular reference to SMEs. We propose tenure and age as characteristics of business elites that help to explain ambidexterity dynamism. In SMEs, the tenure and age of CEOs and interactions with top management team characteristics play a decisive role in the decision-making process, and therefore, in how the company adapts its orientation to amb…
Factores determinantes de la intención de cambio estratégico: el papel de los equipos directivos
2010
ResumenLa capacidad de una empresa para adaptarse y responder a las oportunidades y presiones del entorno es uno de los aspectos más importantes en la búsqueda de la competitividad y de la supervivencia. Este trabajo pretende mejorar la comprensión de los factores que influyen en la intención de impulsar cambios en el contenido de la estrategia, analizando los factores motivadores y de resistencia tradicionalmente considerados, así como el papel facilitador de las características de los equipos directivos. Nuestros resultados resaltan que la heterogeneidad de los equipos directivos facilita la predisposición a impulsar cambios en las estrategias competitivas y corporativas, y que los cambio…
Improving the likelihood of SME survival during financial and economic crises: The importance of TMTs and family ownership for ambidexterity
2019
In the context of an economic and financial crisis characterized by scarce munificence and high uncertainty, we examine the role of organizational ambidexterity in SMEs survival, and the TMT and ownership characteristics that influence ambidexterity. Our analysis of Spanish manufacturing SMEs in the context of an international economic crisis suggests that: (1) firm survival is associated with ambidexterity; (2) diversity in TMT tenure improves firm ambidexterity and (3) a negative effect exists between family ownership and ambidexterity, but (4) a positive effect exists between family ownership and survival.This study contributes to our understanding of the antecedents of SME ambidexterity…
The role of embeddedness and top management teams on subsidiary initiative
2018
The importance of subsidiaries reaches its pick with their entrepreneurial role. Subsidiary initiatives (SI) are seen as “discrete, proactive undertaking that advances a new way for the corporation to use or expand its resources” (Birkinshaw, 2014, p. 203), which starts with the identification of an opportunity and should achieve the commitment of resources. Nonetheless, though initiatives are beneficial for the entire MNC (Bartlett & Ghoshal, 1988; Birkinshaw & Hood, 2000; Birkinshaw et al., 2005), they are not necessarily well receive by HQ but instead the MNC corporate immune system activates and initiative are rejected (Birkinshaw & Ridderstråle, 1999). This happens because initiatives …
EMPRESA FAMILIAR, EQUIPOS DIRECTIVOS, DIVERSIDAD Y AMBIDIESTRÍA EN LAS PYMES
2015
RESUMEN El objetivo de este trabajo es analizar el papel del carácter familiar en la ambidiestría de las pequeñas y medianas empresas (PyMEs). Proponemos que las capacidades asociadas al carácter familiar de la empresa y a las características demográficas de sus élites directivas, específicamente su diversidad, afectan a los procesos de toma de decisiones. Dichas características facilitan la percepción de los cambios en el entorno y la respuesta ante ellos con alternativas que, implicando conflictos o tensiones, permiten aprovechar dichos cambios y, además, promueven la habilidad de reconfigurar los recursos para conseguirlo. En una muestra de 132 PyMEs demostramos que la ambidiestría se ve…
Family Firms strategies in times of crisis: a study of the influence of socio-emotional wealth and Top Management Team characteristics
2023
Las empresas familiares representan la mayor parte de la economía mundial, contribuyen a la generación de cerca del 70% del PIB a nivel global, crean el 60% de los puestos de trabajo en el mundo y es el tipo de empresa predominante en la mayoría de las economías desarrolladas, llegando a representar al 65% de las empresas existentes en el mundo. Concretamente en España representan el 89% del total de empresas existentes, proveen el 67% de los puestos de trabajo del país y contribuyen a la generación del 57% del PIB nacional. A pesar de la importancia de las empresas familiares en la economía mundial y de su importante papel en la sociedad, menos del 30% de las empresas alcanzan la segunda g…
Information Security Risk Assessments following Cybersecurity Breaches : The Mediating Role of Top Management Attention to Cybersecurity
2023
Information Systems (IS) research on managerial response to cybersecurity breaches has largely focused on externally oriented actions such as customer redressal and crisis response. Within the firm itself, a breach may be a symptom of systematic problems, and a narrow, siloed focus on only fixing immediate issues through technical fixes and controls might preclude other managerial actions to ensure future cybersecurity. Towards this end, Information Security Risk Assessments (ISRA) can help surface other vulnerabilities following a breach. While the role of governance in such exercises is emphasized in standards, it is undertheorized in IS research and lacks empirical evidence. We draw on t…