Relationships between Top Management Team Characteristics and International Diversification: an Empirical Investigation*
基于112家美国制造业大企业的数据，发现国际多元化程度高的企业，其高管团队通常教育水平更高、任期更短、更年轻且国际经验更丰富，且这种关系在绩效好的企业中更显著。
Drawing on the executive demography and the upper‐echelons perspectives, this paper examines the relationships between top management team (TMT) characteristics (educational level, tenure, age, international experience and functional background) and firm international diversification. The study is based on a sample of 112 relatively large, internationally diversified US‐based firms in the manufacturing sector. Findings indicate that firms with higher levels of international diversification are likely to have TMTs characterized by higher educational level, shorter organizational tenures, younger executives and greater international experience. In addition, findings indicate that the relationships between TMT characteristics and international diversification are more dominant in better‐performing than in lower‐performing firms.