Top Management Team Functional Diversity and Firm Performance: The Moderating Role of CEO Characteristics
研究了CEO的职能背景、创始人身份和与团队共享经验如何调节高管团队职能多样性对企业绩效的影响，基于33家荷兰和比利时信息技术企业的数据。
Past research indicates that the effect of TMT functional diversity on firm performance is equivocal. We address this issue by focusing on the integrative role of the CEO, postulating that the CEO's expertise and background characteristics affect the TMT functional diversity–firm performance relationship, because of their impact on the exchange and integration of distributed knowledge within the TMT. Using a dataset of 33 Dutch and Belgian Information Technology firms we investigate the moderating role of three sets of CEO characteristics (functional background, status as founder, and shared experience with the other TMT members) on the relationship between TMT functional diversity and firm performance. Our results reveal that CEO and TMT characteristics do interact in realizing the potential advantages of distributed TMT functional expertise.