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Benefits of Top Management Team Education for Corporate Digital Transformation: A Critical Mass Perspective from China

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  • Mirza, Sultan Sikandar
  • Miao, Yiyao
  • Corbet, Shaen
  • Scrimgeour, Frank
  • Goodell, John W.

Abstract

We examine how the academic background of Top Management Teams (TMT) affects corporate digital transformation (CDT). Utilising a sample of listed firms in China for 2007–2022, we test for the influence of the critical mass and range of TMT members. Our results add to the existing body of knowledge by demonstrating a relationship between the academic background of TMT and CDT. Findings suggest that TMT is a significant facilitator of digital transformation, contingent upon the specific academic backgrounds that TMT members possess. Findings suggest that the strategic appointment of TMT members with specific academic backgrounds can significantly digital transformation.

Suggested Citation

  • Mirza, Sultan Sikandar & Miao, Yiyao & Corbet, Shaen & Scrimgeour, Frank & Goodell, John W., 2024. "Benefits of Top Management Team Education for Corporate Digital Transformation: A Critical Mass Perspective from China," Finance Research Letters, Elsevier, vol. 61(C).
    • Handle: RePEc:eee:finlet:v:61:y:2024:i:c:s1544612324000060
    DOI: 10.1016/j.frl.2024.104976
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    References listed on IDEAS

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    Cited by:

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    3. Yu Sang & Kannan Loganathan & Lu Lin, 2024. "Digital Transformation and Firm ESG Performance: The Mediating Role of Corporate Risk-Taking and the Moderating Role of Top Management Team," Sustainability, MDPI, vol. 16(14), pages 1-18, July.
    4. Osama Wagdi & Atef Fathi, 2024. "The impact of top management team members diversity on corporations’ performance and value: evidence from emerging markets," Future Business Journal, Springer, vol. 10(1), pages 1-26, December.

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    More about this item

    Keywords

    Critical Mass Theory; Academic TMT; Corporate Digital Transformation; China;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management

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