| Item Type |
Conference or Workshop Item
(Paper)
|
| Abstract |
Prior research on the relationship between top management team (TMT) composition and firm performance has not been able to fully capture the combined influence of simultaneously present TMT characteristics in different contexts. We analyze the joint necessity and sufficiency of TMT heterogeneity and knowledge stock in 2,295 new ventures that went public on North American stock exchanges between 1990 and 2010. Our findings reveal equifinal configurations for high and low performance in Initial Public Offerings (IPOs), complements and substitutes, and the role of internal and external contingencies. Our study contributes to research on upper echelons, new venture teams, and IPOs. |
| Authors |
Leppänen, Petteri; Häfner, Naomi & Stuhler, Ilona |
| Language |
English |
| Keywords |
top management teams; IPO; TMT characteristics; fuzzy set QCA |
| Subjects |
business studies |
| HSG Classification |
contribution to scientific community |
| HSG Profile Area |
Global Center for Entrepreneurship + Innovation |
| Date |
20 September 2022 |
| Publisher |
SMS Strategic Management Society |
| Place of Publication |
Chicago, IL |
| Number of Pages |
7 |
| Title of Book |
TMTs: Composition, Cognition, Behavior, and Process |
| Event Title |
Strategic Management Society (SMS) 42nd Annual International Conference |
| Event Location |
London |
| Event Dates |
17.-20.09.2022 |
| Official URL |
https://www.strategicmanagement.net/london/tools/s... |
| Depositing User |
Prof. Dr. Naomi Häfner
|
| Date Deposited |
11 Oct 2022 13:19 |
| Last Modified |
11 Oct 2022 13:19 |
| URI: |
https://www.alexandria.unisg.ch/publications/267570 |
Top management team configurations and IPO performance in new ventures
