The role of top management team international orientation in international strategic decision-making: The choice of foreign entry mode

被引:247
作者
Nielsen, Bo Bernhard [1 ,2 ]
Nielsen, Sabina [1 ,3 ]
机构
[1] Copenhagen Business Sch, DK-2000 Frederiksberg, Denmark
[2] Univ Technol Sydney, Ctr Strateg Management & Globalizat, DK-2000 Frederiksberg, Denmark
[3] Univ Technol Sydney, Dept Int Econ & Management, Sydney, NSW, Australia
关键词
Top management team; Nationality diversity; International experience; Foreign entry mode; International strategic decision-making; Multilevel; TRANSACTION COSTS THEORY; JOINT VENTURES; EXPERIENCE; FIRM; PERFORMANCE; DIVERSITY; IMPACT; FAULTLINES; EXECUTIVES; OWNERSHIP;
D O I
10.1016/j.jwb.2010.05.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
By applying the upper echelons perspective to international strategic decision-making, we examine the impact of managerial characteristics on the choice of foreign entry mode. We distinguish between top management team (TMT) international experience and nationality diversity and propose the latter as a central yet understudied aspect of TMT composition that influences international decision-making with regard to choice of entry mode in a unique way. Our results show that while TMTs with international experience are more likely to choose full-control entry modes over shared-control entry modes, nationally diverse TMTs are more inclined to opt for shared-control over full-control entry modes when entering foreign markets. This highlights the need to treat TMT nationality diversity and international experience as two distinct characteristics influencing international strategic decision-making. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码:185 / 193
页数:9
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