Top management and innovations in banking: Does the composition of the top team make a difference?
研究了199家银行的高层管理团队社会构成（如平均年龄、任期、教育水平及异质性）与创新采纳的关系，发现教育水平高且职能背景多元的团队管理的银行更具创新性。
The relationship between the social composition of top management teams and innovation adoptions was examined in a sample of 199 banks. The following characteristics of top management teams were examined: average age, average tenure in the firm, education level, and heterogeneity with respect to age, tenure, educational background, and functional background. In addition, the effects of bank size, location (state of operation), and team size were assessed. Results indicate that more innovative banks are managed by more educated teams who are diverse with respect to their functional areas of expertise. These relationships remain significant when organizational size, team size, and location are controlled for.