Top management team heterogeneity, strategic ambidexterity and firm performance

Abstract

Abstract: An empirical analysis is made using the data between 2008 and 2011 based on 68 China's A-share listed companies in the pharmaceutical industry. We analyses the relationship between strategic ambidexterity and firm performance from Balanced Dimension (BD) and Interactive Dimension (ID). The mediating effect of strategic ambidexterity between TMT heterogeneity and firm performance is also tested. The results of the empirical analysis show that strategic ambidexterity (BD) mediates entirely the relationship between top management team (TMT) heterogeneity in education and firm performance, and mediates partially the relationship between TMT heterogeneity in career experience and firm performance. Strategic ambidexterity (ID) mediates entirely the relationship between TMT heterogeneity in career experience and firm performance.

Key words: top management team (TMT), heterogeneity, strategic ambidexterity, firm performance

CLC Number:

F272.3

Wang Yimin, Wang Yilin, Cheng Haidong. Top management team heterogeneity, strategic ambidexterity and firm performance[J]. Science Research Management, 2015, 36(11): 89-97.

References

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