This paper explores how demographic diversity in top level management affects firm financial performance. Top level management refers to both top management team and board of directors. Thus, the purpose of this paper is to empirically examine the effect of demographic diversity on top management team and boards of directors with regard to firm financial performance. This paper uses both financ...

We develop an evolutionary theory of entrepreneurial top management teams highlighting that entrepreneurial teams follow a path-dependent process where the founding team shapes the quality and characteristics of subsequent executive teams. By attracting top managers who are both similar to the founders and experienced in their own right, experienced founding teams accrue long-term advantages. U...

Sciascia S., Mazzola P. and Chirico F. (2013). Generational involvement in the top management team of family firms: Exploring non-linear effects on entrepreneurial orientation. Entrepreneurship Theory and Practice. GENERATIONAL INVOLVEMENT IN THE TOP MANAGEMENT TEAM OF FAMILY FIRMS: EXPLORING NON-LINEAR EFFECTS ON ENTREPRENEURIAL ORIENTATION ABSTRACT The present study contends that an inverted ...

We explore empirical regularities of CIO survivability in public and private organizations using CIO job tenure durations spanning 1994 to 2009 for 1,594 executives. We employ the Kaplan-Meier estimator from event history analysis to compute survivor functions for CEOs, COOs, CFOs and CIOs. We make log rank comparisons of job tenure durations to make inferences within/across executive titles, a...

We test whether demographic characteristics and team processes in top management teams predict the subsequent productivity and profitability of their companies in 42 UK manufacturing organisations. The results suggest that there are independent effects of both demographic characteristics and team processes. Team member mean educational level and team tenure both predict the subsequent productiv...

In this paper we develop and test predictions regarding the impact of CEO status on the economic outcomes of members of his or her top management team. Using a unique data set incorporating Financial World’s widely publicized CEO of the Year contest, we found that non-CEO top management team members received higher pay when they worked for a high status CEO and were also more likely to become C...

Given the multifaceted problems and complexities of information security, the manner in which top management teams make investment and management decisions regarding security technologies, policy initiatives, and employee education could have a significant impact on the likelihood of information security breaches in organizations. In the context of information security management, it is not cle...