On the stickiness of local roots: Trajectories of top management team and board internationalization in four European countries
Type
conference paper
Date Issued
2005-07-10
Author(s)
Editor(s)
Doz, Yves
Kiyak, Tunga
Abstract
This paper builds upon upper echelons and resource dependence perspectives and examines the composition by nationality of top management teams and boards in response to internal and external pressures arising from the internationalization process of multinational companies based in four European countries (Germany, the Netherlands, Switzerland, and the UK). Findings show that there are strong and significant positive links between firm internationalization and the internationalization of top management teams/boards, and that the relationship exhibits a non-linear, exponential form. Our findings suggest that although multinational firms strive to align top management team and board composition with the degree of firm internationalization, firms' responses to internationalization pressures appear to be more "sticky" at low and intermediate levels of internationalization, and firms step up the
alignment of top management teams and boards at high levels of internationalization. Implications of the findings on firm internationalization dynamics are discussed.
alignment of top management teams and boards at high levels of internationalization. Implications of the findings on firm internationalization dynamics are discussed.
Language
English
Keywords
Firm Internationalisation
Top Management Teams and Boards
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
Proceedings of the 47th Annual Meeting of the Academy of International Business "Local Roots, Global Links"
Publisher
Academy of International Business
Event Title
47th Academy of International Business (ABI) 2005 Annual Meeting
Event Location
Québec City, Canada
Event Date
09.-12.07.2005
Subject(s)
Eprints ID
12071