The Effects of Family Firm Specific Sources of TMT Diversity: The Moderating Role of Information Exchange Frequency
AbstractWe examine the relationships among three family firm specific sources of top management team (TMT) diversity (the generation in charge of the family firm, the number of family employees, and the number of employed generations) and family firm performance. By integrating upper-echelons and team process research, we hypothesize that these TMT diversity sources interact with information exchange frequency among TMT members to affect family firm performance. Multisource survey data with lagged performance measurement, including CEOs and TMT members from 86 family firms, support our hypotheses. We discuss the implications of our findings and develop avenues for future research. Copyright (c) 2009 The Authors. Journal compilation (c) 2009 Blackwell Publishing Ltd and Society for the Advancement of Management Studies.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Management Studies.
Volume (Year): 47 (2010)
Issue (Month): 2 (03)
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- Powell, Gary N. & Eddleston, Kimberly A., 2013. "Linking family-to-business enrichment and support to entrepreneurial success: Do female and male entrepreneurs experience different outcomes?," Journal of Business Venturing, Elsevier, vol. 28(2), pages 261-280.
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- Basco, Rodrigo, 2013. "The family's effect on family firm performance: A model testing the demographic and essence approaches," Journal of Family Business Strategy, Elsevier, vol. 4(1), pages 42-66.
- Zamudio, César & Anokhin, Sergey & Kellermanns, Franz W., 2014. "Network analysis: A concise review and suggestions for family business research," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 63-71.
- Kraiczy, Nils D. & Hack, Andreas & Kellermanns, Franz W., 2014. "New product portfolio performance in family firms," Journal of Business Research, Elsevier, vol. 67(6), pages 1065-1073.
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