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Author:Greve, P.
Nielsen, S.
Ruigrok, W.
Title:Transcending borders with international top management teams: A study of European financial multinational corporations
Journal:European Management Journal
2009 : JUN, VOL. 27:3, p. 213-224
Index terms:executives
top management
team work
finance
internationalization
multinational companies
Europe
Language:eng
Abstract:This paper examines how changes in firm degree of internationalization are associated with the configuration of top management teams (TMT). Based on data from 41 large European firms of the banking and insurance industry, incl. detailed career profiles of more than 260 executives at year-end 2002, the findings suggest firms tending to match top executive profiles to their strategies. Entry into new foreign markets and new cultural zones was found to be associated with higher levels of international capacity at TMT level, whereas changes in international posture per se are not related to TMT international capacity.
SCIMA record nr: 269618
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