Top management team functional diversity and firm performance

The moderating role of CEO characteristics

Tine Buyl*, Christophe Boone, Walter Hendriks, Paul Matthyssens

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

Abstract

P>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.

Original languageEnglish
Pages (from-to)151-177
Number of pages27
JournalJournal of management studies
Volume48
Issue number1
DOIs
Publication statusPublished - Jan 2011
Externally publishedYes

Keywords

  • INFORMATION-SYSTEM DEVELOPMENT
  • STRATEGIC DECISION-MAKING
  • BEHAVIORAL INTEGRATION
  • FINANCIAL PERFORMANCE
  • ORGANIZATIONAL DEMOGRAPHY
  • TRANSACTIVE MEMORY
  • MODEL
  • POWER
  • DETERMINANTS
  • LEADERSHIP

Cite this

Buyl, Tine ; Boone, Christophe ; Hendriks, Walter ; Matthyssens, Paul. / Top management team functional diversity and firm performance : The moderating role of CEO characteristics. In: Journal of management studies. 2011 ; Vol. 48, No. 1. pp. 151-177.
@article{46f26a7fbb6d481da02467b61130f946,
title = "Top management team functional diversity and firm performance: The moderating role of CEO characteristics",
abstract = "P>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.",
keywords = "INFORMATION-SYSTEM DEVELOPMENT, STRATEGIC DECISION-MAKING, BEHAVIORAL INTEGRATION, FINANCIAL PERFORMANCE, ORGANIZATIONAL DEMOGRAPHY, TRANSACTIVE MEMORY, MODEL, POWER, DETERMINANTS, LEADERSHIP",
author = "Tine Buyl and Christophe Boone and Walter Hendriks and Paul Matthyssens",
year = "2011",
month = "1",
doi = "10.1111/j.1467-6486.2010.00932.x",
language = "English",
volume = "48",
pages = "151--177",
journal = "Journal of Management Studies",
issn = "0022-2380",
publisher = "WILEY-BLACKWELL PUBLISHING, INC",
number = "1",

}

Top management team functional diversity and firm performance : The moderating role of CEO characteristics. / Buyl, Tine; Boone, Christophe; Hendriks, Walter; Matthyssens, Paul.

In: Journal of management studies, Vol. 48, No. 1, 01.2011, p. 151-177.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Top management team functional diversity and firm performance

T2 - The moderating role of CEO characteristics

AU - Buyl, Tine

AU - Boone, Christophe

AU - Hendriks, Walter

AU - Matthyssens, Paul

PY - 2011/1

Y1 - 2011/1

N2 - P>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.

AB - P>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.

KW - INFORMATION-SYSTEM DEVELOPMENT

KW - STRATEGIC DECISION-MAKING

KW - BEHAVIORAL INTEGRATION

KW - FINANCIAL PERFORMANCE

KW - ORGANIZATIONAL DEMOGRAPHY

KW - TRANSACTIVE MEMORY

KW - MODEL

KW - POWER

KW - DETERMINANTS

KW - LEADERSHIP

U2 - 10.1111/j.1467-6486.2010.00932.x

DO - 10.1111/j.1467-6486.2010.00932.x

M3 - Article

VL - 48

SP - 151

EP - 177

JO - Journal of Management Studies

JF - Journal of Management Studies

SN - 0022-2380

IS - 1

ER -