Management International Review

, Volume 50, Issue 2, pp 185–206

Top Management Team Internationalization and Firm Performance

The Mediating Role of Foreign Market Entry
Research Article

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.

Keywords

TMT internationalization Nationality diversity International experience Firm internationalization Foreign market entry Corporate performance Executive effects 

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Copyright information

© Gabler-Verlag 2010

Authors and Affiliations

  1. 1.Department of International Economics and ManagementCopenhagen Business SchoolFrederiksbergDenmark
  2. 2.School of MarketingUniversity of TechnologySydneyAustralia

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