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Charles Wankel
IMD-L list director
Sabina Nielsen sta.int@cbs.dk (Department of International Economics and Management, Copenhagen Business School, Frederiksberg, Denmark; and School of Marketing, University of Technology, Sydney, Australia)
Top Management Team Internationalization and Firm Performance: The Mediating Role of Foreign Market Entry
International Review, 50, 2(April 2010): 185-206.
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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