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Top Management Team Internationalization and Firm Performance

Author

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  • Sabina Nielsen

    (Copenhagen Business School
    University of Technology)

Abstract

This paper develops a multi-dimensional construct of top management team (TMT) internationalization reflecting TMT ability to deal with challenges of managing firm foreign operations in the process of ongoing globalization. Drawing upon upper echelons and firm internationalization theories, the relationships between TMT internationalization, foreign market entry and performance are empirically investigated in a sample of 165 Swiss listed companies. The results confirm the validity of the multi-dimensional construct and suggest that TMT internationalization leads to subsequent foreign market entries, which in turn are positively related to firm performance.

Suggested Citation

  • Sabina Nielsen, 2010. "Top Management Team Internationalization and Firm Performance," Management International Review, Springer, vol. 50(2), pages 185-206, April.
  • Handle: RePEc:spr:manint:v:50:y:2010:i:2:d:10.1007_s11575-010-0029-0
    DOI: 10.1007/s11575-010-0029-0
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    References listed on IDEAS

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    Cited by:

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    2. Conyon, Martin J. & Haß, Lars Helge & Vergauwe, Skrålan & Zhang, Zhifang, 2019. "Foreign experience and CEO compensation," Journal of Corporate Finance, Elsevier, vol. 57(C), pages 102-121.
    3. Shuai Meng & Jiayan Yan & Xuebing Cao, 2019. "Heterogeneity in top management teams and outward foreign direct investment: evidence from Chinese listed companies," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-28, December.
    4. Danchi Tan & Weichieh Su & Joseph T. Mahoney & Yasemin Kor, 2020. "A review of research on the growth of multinational enterprises: A Penrosean lens," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(4), pages 498-537, June.
    5. René P. Orij & Saif Rehman & Hashim Khan & Faisal Khan, 2021. "Is CSR the new competitive environment for CEOs? The association between CEO turnover, corporate social responsibility and board gender diversity: Asian evidence," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 731-747, March.
    6. Wei, Qiao & Li, Wen Helena & De Sisto, Marco & Gu, Jinlong, 2020. "What types of top management teams' experience matter to the relationship between political hazards and foreign subsidiary performance?," Journal of International Management, Elsevier, vol. 26(4).
    7. Ardito, Lorenzo & Natalicchio, Angelo & Appio, Francesco Paolo & Messeni Petruzzelli, Antonio, 2021. "The role of scientific knowledge within inventing teams and the moderating effects of team internationalization and team experience: Empirical tests into the aerospace sector," Journal of Business Research, Elsevier, vol. 128(C), pages 701-710.
    8. Đerđa Dino, 2017. "International Experience in Upper Echelon Theory: Literature Review," Business Systems Research, Sciendo, vol. 8(2), pages 126-142, September.
    9. Sabina Tasheva & Bo Bernhard Nielsen, 0. "The role of global dynamic managerial capability in the pursuit of international strategy and superior performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 0, pages 1-20.

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