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Effects of Top Management Team Heterogeneous Background and Behavioural Attributes on the Performance of New Ventures

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  • Li Cai
  • Qing Liu
  • Xiaoyu Yu

Abstract

Using the data collected from 527 new ventures in China, this research evaluates the effects of top management team (TMT) heterogeneous background and behavioural attributes on firm's performance. Behavioural aspects of cognitive and emotional conflicts within the team are served as mediators. The results of the study indicate that the TMT functional background heterogeneity is positively related to both cognitive conflicts and emotional conflicts within the TMT. Moreover, team conflicts are found to mediate the effects of TMT functional background diversity on new ventures' performance. However, TMT functional background diversity alone is not significantly related to financial performance or growth performance of new ventures. Copyright © 2013 John Wiley & Sons, Ltd.

Suggested Citation

  • Li Cai & Qing Liu & Xiaoyu Yu, 2013. "Effects of Top Management Team Heterogeneous Background and Behavioural Attributes on the Performance of New Ventures," Systems Research and Behavioral Science, Wiley Blackwell, vol. 30(3), pages 354-366, May.
    • Handle: RePEc:bla:srbeha:v:30:y:2013:i:3:p:354-366
    DOI: 10.1002/sres.2176
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    Cited by:

    1. Xin Huang & Koichi Nakagawa & Jie Li, 2017. "Effects of Top Management Team Characteristics on Corporate Charitable Activities: Evidence from the Board for Small and Medium-sized Enterprises in China," Discussion Papers in Economics and Business 17-30, Osaka University, Graduate School of Economics.
    2. Donald O. Wilson & John E. Ettlie, 2018. "Boundary Spanning, Group Heterogeneity and Engineering Project Performance," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 15(06), pages 1-35, December.
    3. Wu He & Feng-Kwei Wang, 2016. "A process-based framework of using social media to support innovation process," Information Technology and Management, Springer, vol. 17(3), pages 263-277, September.
    4. Jiunyan Wu & Tomoki Sekiguchi, 2020. "A multilevel and dynamic model of intragroup conflict and decision making: application of agent-based modeling," Frontiers of Business Research in China, Springer, vol. 14(1), pages 1-26, December.
    5. Xiaoyu Yu & Yi. Chen & Bang Nguyen, 2014. "Knowledge Management, Learning Behavior from Failure and New Product Development in New Technology Ventures," Systems Research and Behavioral Science, Wiley Blackwell, vol. 31(3), pages 405-423, May.
    6. Angels Niñerola & Ana-Beatriz Hernández-Lara & María-Victoria Sánchez-Rebull, 2022. "Top Management Team Diversity and International Expansion: Spanish Companies in China," SAGE Open, , vol. 12(1), pages 21582440211, January.
    7. Li Da Xu, 2013. "Introduction: Systems Science in Industrial Sectors," Systems Research and Behavioral Science, Wiley Blackwell, vol. 30(3), pages 211-213, May.
    8. Linlin Jin & Kristen Madison & Nils D. Kraiczy & Franz W. Kellermanns & T. Russell Crook & Jing Xi, 2017. "Entrepreneurial Team Composition Characteristics and New Venture Performance: A Meta–Analysis," Entrepreneurship Theory and Practice, , vol. 41(5), pages 743-771, September.

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