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CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective

Based on upper echelons and self-categorization theories, this study empirically examines the relationship between CEO-top management team (TMT) overseas experience differences and firm performance and the moderating effects of hometown connectedness, ownership nature, and environmental dynamics. We...

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Detalles Bibliográficos
Autor principal: Xu, Zhaocheng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10395278/
https://www.ncbi.nlm.nih.gov/pubmed/37539289
http://dx.doi.org/10.1016/j.heliyon.2023.e17845
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author Xu, Zhaocheng
author_facet Xu, Zhaocheng
author_sort Xu, Zhaocheng
collection PubMed
description Based on upper echelons and self-categorization theories, this study empirically examines the relationship between CEO-top management team (TMT) overseas experience differences and firm performance and the moderating effects of hometown connectedness, ownership nature, and environmental dynamics. We use data on Chinese manufacturing listed companies from 2012 to 2021. The results show that CEO-TMT overseas experience differences significantly and negatively affect firm performance. Hometown connectedness positively moderates this relationship; as CEO-TMT hometown connectedness increases, the negative impact of CEO-TMT overseas experience differences on firm performance decreases. Finally, state ownership and higher environmental dynamics mitigate the negative relationship between CEO-TMT's overseas experiences and firm performance.
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spelling pubmed-103952782023-08-03 CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective Xu, Zhaocheng Heliyon Research Article Based on upper echelons and self-categorization theories, this study empirically examines the relationship between CEO-top management team (TMT) overseas experience differences and firm performance and the moderating effects of hometown connectedness, ownership nature, and environmental dynamics. We use data on Chinese manufacturing listed companies from 2012 to 2021. The results show that CEO-TMT overseas experience differences significantly and negatively affect firm performance. Hometown connectedness positively moderates this relationship; as CEO-TMT hometown connectedness increases, the negative impact of CEO-TMT overseas experience differences on firm performance decreases. Finally, state ownership and higher environmental dynamics mitigate the negative relationship between CEO-TMT's overseas experiences and firm performance. Elsevier 2023-07-01 /pmc/articles/PMC10395278/ /pubmed/37539289 http://dx.doi.org/10.1016/j.heliyon.2023.e17845 Text en © 2023 The Author https://creativecommons.org/licenses/by-nc-nd/4.0/This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
spellingShingle Research Article
Xu, Zhaocheng
CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title_full CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title_fullStr CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title_full_unstemmed CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title_short CEO-TMT overseas experience differences and firm performance: A self-categorization theory perspective
title_sort ceo-tmt overseas experience differences and firm performance: a self-categorization theory perspective
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10395278/
https://www.ncbi.nlm.nih.gov/pubmed/37539289
http://dx.doi.org/10.1016/j.heliyon.2023.e17845
work_keys_str_mv AT xuzhaocheng ceotmtoverseasexperiencedifferencesandfirmperformanceaselfcategorizationtheoryperspective