The Influence of Top Management Team Heterogeneity on Firms' Competitive Moves.
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| Title: | The Influence of Top Management Team Heterogeneity on Firms' Competitive Moves. |
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| Authors: | Hambrick, Donald C.1, Cho, Theresa Seung1, Ming-Jer Chen1 |
| Source: | Administrative Science Quarterly. Dec96, Vol. 41 Issue 4, p659-684. 26p. 4 Charts. |
| Subject Terms: | Executives, Heterogeneity, Senior leadership teams, Economic competition, Airline industry |
| Geographic Terms: | United States |
| Abstract: | This paper explores the executive origins of firms' competitive moves by focusing on top management team characteristics, specifically on team heterogeneity, rather than on the more often studied environmental and organizational determinants of such behaviors. Arguing that competitive actions and responses represent different decision situations, we develop propositions about how heterogeneity may enhance some competitive behaviors but impair others. With a large sample of actions and responses of 32 U.S. airlines over eight years, we find results that largely conform to our propositions. The top management teams that were diverse, in terms of functional backgrounds, education, and company tenure, exhibited a relatively great propensity for action, and both their actions and responses were of substantial magnitude. Heterogeneous teams, by contrast, were slower in their actions and responses and less likely than homogeneous teams to respond to competitors' initiatives. Thus, although team heterogeneity is a double-edged sword, its overall net effect on airline performance, in terms of changes in market share and profits, was positive. [ABSTRACT FROM AUTHOR] |
| Copyright of Administrative Science Quarterly is the property of Administrative Science Quarterly and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
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| Header | DbId: ehh DbLabel: Education Research Complete An: 9702052117 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: The Influence of Top Management Team Heterogeneity on Firms' Competitive Moves. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Hambrick%2C+Donald+C%2E%22">Hambrick, Donald C.</searchLink><relatesTo>1</relatesTo><br /><searchLink fieldCode="AR" term="%22Cho%2C+Theresa+Seung%22">Cho, Theresa Seung</searchLink><relatesTo>1</relatesTo><br /><searchLink fieldCode="AR" term="%22Ming-Jer+Chen%22">Ming-Jer Chen</searchLink><relatesTo>1</relatesTo> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Administrative+Science+Quarterly%22">Administrative Science Quarterly</searchLink>. Dec96, Vol. 41 Issue 4, p659-684. 26p. 4 Charts. – Name: Subject Label: Subject Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Executives%22">Executives</searchLink><br /><searchLink fieldCode="DE" term="%22Heterogeneity%22">Heterogeneity</searchLink><br /><searchLink fieldCode="DE" term="%22Senior+leadership+teams%22">Senior leadership teams</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+competition%22">Economic competition</searchLink><br /><searchLink fieldCode="DE" term="%22Airline+industry%22">Airline industry</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22United+States%22">United States</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: This paper explores the executive origins of firms' competitive moves by focusing on top management team characteristics, specifically on team heterogeneity, rather than on the more often studied environmental and organizational determinants of such behaviors. Arguing that competitive actions and responses represent different decision situations, we develop propositions about how heterogeneity may enhance some competitive behaviors but impair others. With a large sample of actions and responses of 32 U.S. airlines over eight years, we find results that largely conform to our propositions. The top management teams that were diverse, in terms of functional backgrounds, education, and company tenure, exhibited a relatively great propensity for action, and both their actions and responses were of substantial magnitude. Heterogeneous teams, by contrast, were slower in their actions and responses and less likely than homogeneous teams to respond to competitors' initiatives. Thus, although team heterogeneity is a double-edged sword, its overall net effect on airline performance, in terms of changes in market share and profits, was positive. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Administrative Science Quarterly is the property of Administrative Science Quarterly and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ehh&AN=9702052117 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.2307/2393871 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 26 StartPage: 659 Subjects: – SubjectFull: Executives Type: general – SubjectFull: Heterogeneity Type: general – SubjectFull: Senior leadership teams Type: general – SubjectFull: Economic competition Type: general – SubjectFull: Airline industry Type: general – SubjectFull: United States Type: general Titles: – TitleFull: The Influence of Top Management Team Heterogeneity on Firms' Competitive Moves. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Hambrick, Donald C. – PersonEntity: Name: NameFull: Cho, Theresa Seung – PersonEntity: Name: NameFull: Ming-Jer Chen IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 12 Text: Dec96 Type: published Y: 1996 Identifiers: – Type: issn-print Value: 00018392 Numbering: – Type: volume Value: 41 – Type: issue Value: 4 Titles: – TitleFull: Administrative Science Quarterly Type: main |
| ResultId | 1 |
