Diversity & internationalization: The case of boards and TMT's |
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| Authors: | Jose Luis Rivas |
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| Affiliation: | 1. College of Business Administration, University of Texas-Pan American, 1201 W. University Dr., Edinburg, TX 78539, United States;2. School of Business, University of Wisconsin-Milwaukee, 3202 N. Maryland Ave., Milwaukee, WI 53201, United States;3. Neeley School of Business, Texas Christian University, TCU Box 298530, Fort Worth, TX 76129, United States;4. Luiss Guido Carli University, Department of Business and Management, Viale Pola, 12-00198 Rome, Italy;1. University of Bern, Institute of Organization and Human Resource Management, Engehaldenstrasse 4, 3012 Bern, Switzerland;2. University of North Carolina, Charlotte, Department of Management, 9201 University City Blvd, Charlotte, NC 28223-001, USA;3. INTES Institute for Family Business, WHU, Otto Beisheim School of Management, Germany |
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| Abstract: | Using a mixed US and European sample where both the board and TMT units are analyzed at the same time, we test the variables age, tenure and functional background.We extend the information/decision making perspective (Williams & O’Reilly, 1998) to both TMTs and boards by analyzing them as separate but related entities. In line with our hypotheses we find a positive effect on internationalization for functional background diversity of both boards and TMTs.Contrary to our expectations longer TMT tenure and younger board age also have a positive effect on internationalization. |
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