- Title
- Top level management diversity and firm performance in Sino-foreign joint ventures: the moderating role of state ownership
- Creator
- Lam, Man Chuen
- Resource Type
- thesis
- Date
- 2014
- Description
- Professional Doctorate - Doctor of Business Administration (DBA)
- Description
- This study examines how top management team (TMT) diversity affects the firm performance and is structured in form of two self-contained papers. The first paper has a scholarly focus and extends the upper echelons literature by investigating the effects of both TMT and board of directors (BOD) diversity on Sino-foreign joint ventures (JVs), conditional on state ownership. Based on data from 137 JVs listed in China, the first paper offers empirical support for the suggestion that the international experience diversity of the BOD is positively related to firm performance, with state ownership strengthening the effect. While the nationality diversity of the BOD and TMT, and the international experience diversity of the TMT do not seem to affect firm performance. Consequently, a fine-grained examination of firm performance not only requires separate analyses of the TMT and BOD effects, but also consideration of the ownership constellation within the institutional contexts prevailing in emerging economies. Based on the findings produced in the first paper, the second paper provides managerial implications about how the JV top level team structure may enhance firm performance. Especially, the second paper suggests that non-Chinese investors should focus more on establishing boards with diverse international experience but not be too concerned about the members’ national backgrounds when partnering with state-owned enterprises in China; whereas the composition of the TMT may be of less a consideration to enhance performance of a new JV. In doing so, the second paper elaborates detailed managerial guidelines.
- Subject
- joint ventures; China; ownership
- Identifier
- http://hdl.handle.net/1959.13/1052191
- Identifier
- uon:15387
- Rights
- Copyright 2014 Man Chuen Lam
- Language
- eng
- Full Text
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | ATTACHMENT01 | Abstract | 62 KB | Adobe Acrobat PDF | View Details Download | ||
| View Details Download | ATTACHMENT02 | Thesis | 633 KB | Adobe Acrobat PDF | View Details Download |