Top Management Team Intrapersonal Functional Diversity and Adaptive Firm Performance: The Moderating Roles of the CEO-TMT Power Gap and Severity of Threat
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
View abstract on PubMed
Summary
This summary is machine-generated.Top management team (TMT) functional diversity
Area Of Science
- Business Administration
- Organizational Behavior
- Strategic Management
Background
- The impact of top management team (TMT) functional diversity on firm performance is debated.
- Existing literature often shows mixed results regarding this relationship.
- Team adaptation and threat-rigidity theories offer potential explanations.
Purpose Of The Study
- To investigate the contingency model of intrapersonal functional diversity and adaptive firm performance.
- To examine the moderating roles of CEO-TMT power gap and threat severity.
- To understand how CEO and TMT intrapersonal functional diversity influence performance during crises.
Main Methods
- Utilized multiple regression analysis.
- Selected 270 Chinese A-share listed companies severely affected by the COVID-19 pandemic.
- Examined intrapersonal functional diversity at both CEO and TMT levels.
Main Results
- CEO intrapersonal functional diversity's effect on adaptive performance is moderated by the CEO-TMT power gap, which is further moderated by threat severity.
- No significant main or interaction effects were found for TMT intrapersonal functional diversity.
- The findings highlight the nuanced role of CEO diversity in crisis situations.
Conclusions
- Firm performance recovery in threat situations is contingent on CEO intrapersonal functional diversity, the CEO-TMT power gap, and threat severity.
- TMT intrapersonal functional diversity does not significantly impact adaptive performance under these conditions.
- The study provides insights for strategic decision-making during organizational crises.
These videos have been matched automatically. Contact us if they are not relevant.
These videos have been matched automatically. Contact us if they are not relevant.
Related Concept Videos
In social psychology, the interplay between individuals and groups is a central concern, particularly regarding how individual actions and characteristics influence group processes and outcomes. While much research emphasizes the group's power in shaping individual behavior, it is equally significant to understand how individuals contribute to the functioning, development, and success of groups.Individual Roles in Group Productivity and Decision-MakingIndividuals are not passive participants in...
What do you think is the single most influential factor in determining with whom you become friends and whom you form romantic relationships? You might be surprised to learn that the answer is simple: the people with whom you have the most contact. This most important factor is proximity. You are more likely to be friends with people you have regular contact with. For example, there are decades of research that shows that you are more likely to become friends with people who live in your dorm,...
Social psychologists analyze how groups influence one another, shaping social structures and interactions through both cooperation and competition. These dynamics manifest in various ways, ranging from economic partnerships to intergroup conflicts that shape societal structures and perceptions.Cooperation and Competition in Intergroup RelationsIntergroup relationships vary across contexts, sometimes fostering cooperation and mutual benefit while at other times leading to conflict and...
One influential perspective on what motivates people's behavior is detailed in Tory Higgin's self-discrepancy theory (Higgins, 1987). He proposed that people hold disagreeing internal representations of themselves that lead to different emotional states.
According to the self-discrepancy theory, people hold beliefs about what they’re really like—their actual self—as well as what they would ideally like to be—their ideal...
Role-based identities are central to understanding how individuals navigate social environments by adopting distinct self-conceptions aligned with various societal roles. These identities are not fixed traits but are constructed through personal actions and the social feedback individuals receive in context-specific interactions. Each social role, such as student, teacher, or friend, carries a set of expectations and norms that influence how people think, feel, and behave within that...
Another way in which a group presence can affect performance is social loafing—the exertion of less effort by a person working together with a group. Social loafing occurs when our individual performance cannot be evaluated separately from the group. Thus, group performance declines on easy tasks (Karau & Williams, 1993). Essentially individual group members loaf and let other group members pick up the slack. Because each individual’s efforts cannot be evaluated,...