Top Management Teams, Strategy and Financial Performance: A Meta‐Analytic Examination
通过元分析检验高层管理团队特征与企业财务绩效的直接关系，发现关系较弱且受调节因素影响，进一步分析揭示了调节和中介因素的作用。
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.