Transcending borders with international top management teams: A study of European financial multinational corporations

Greve, P; Nielsen, S; Ruigrok, W

Transcending borders with international top management teams: A study of European financial multinational corporations

Greve, P Nielsen, S Ruigrok, W

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Publisher:: Elsevier
Publication Type:: Journal Article
Citation:: European Management Journal, 2009, 27 (3), pp. 213 - 224
Issue Date:: 2009-01

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Field	Value	Language
dc.contributor.author	Greve, P	en_US
dc.contributor.author	Nielsen, S	en_US
dc.contributor.author	Ruigrok, W	en_US
dc.date.issued	2009-01	en_US
dc.identifier.citation	European Management Journal, 2009, 27 (3), pp. 213 - 224	en_US
dc.identifier.issn	0263-2373	en_US
dc.identifier.uri	http://hdl.handle.net/10453/14024
dc.description.abstract	This paper investigates how changes in firm degree of internationalization are associated with the configuration of top management teams (TMT) based on a dataset of 41 large European firms in the banking and insurance industry, including detailed career profiles of the 264 executives that were serving on the TMTs of these firms at year-end 2002. Our findings suggest firms tend 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. We discuss the interplay between firm strategies and internal structures in the context of firm internationalization and suggest directions for future research on TMTs.	en_US
dc.publisher	Elsevier	en_US
dc.relation.ispartof	European Management Journal	en_US
dc.relation.isbasedon	10.1016/j.emj.2008.10.001	en_US
dc.subject.classification	Business & Management	en_US
dc.title	Transcending borders with international top management teams: A study of European financial multinational corporations	en_US
dc.type	Journal Article
utslib.citation.volume	3	en_US
utslib.citation.volume	27	en_US
utslib.for	150308 International Business	en_US
utslib.for	0806 Information Systems	en_US
utslib.for	1503 Business and Management	en_US
utslib.for	1505 Marketing	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CMOS - Centre for Management and Organisation Studies
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.issue	3	en_US
pubs.volume	27	en_US

Abstract:

This paper investigates how changes in firm degree of internationalization are associated with the configuration of top management teams (TMT) based on a dataset of 41 large European firms in the banking and insurance industry, including detailed career profiles of the 264 executives that were serving on the TMTs of these firms at year-end 2002. Our findings suggest firms tend 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. We discuss the interplay between firm strategies and internal structures in the context of firm internationalization and suggest directions for future research on TMTs.

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http://hdl.handle.net/10453/14024