Firm Growth, Top Management Team Characteristics, and Firm Performance |
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| Author:
| Horstkotte, Julian |
| Series title: | Strategische Unternehmensentwicklung und Industrietransformation Ser. |
| ISBN: | 978-3-8349-3903-6 |
| Publication Date: | Jul 2013 |
| Publisher: | Westdeutscher Verlag GmbH
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| Book Format: | Paperback |
| List Price: | USD $79.95 |
Book Description:
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Expanding into new product and geographic areas is an important part of the growth strategy of many firms, but we still have more to learn about how it affects firm performance. We believe that as the top management team is responsible for coordinating product and international expansion, looking there can yield valuable clues. We argue that diversification entails significant additional information processing and strains top managerial resources. We argue that team characteristics...
More DescriptionExpanding into new product and geographic areas is an important part of the growth strategy of many firms, but we still have more to learn about how it affects firm performance. We believe that as the top management team is responsible for coordinating product and international expansion, looking there can yield valuable clues. We argue that diversification entails significant additional information processing and strains top managerial resources. We argue that team characteristics (e.g., demographic faultlines) may help or hinder coping with expansion. We study our hypotheses based on a sample of 91 German firms between 1985 and 2007.