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Foreign executive appointments: A multilevel examination

Peder Greve, Torsten Biemann & Winfried Ruigrok

abstract As multinational enterprises (MNE) expand, their attachment to the country of origin is challenged by the need to adapt to an increasingly diverse geographical posture. We examine how these countervailing forces affect top management team (TMT) composition and test a model that associates foreign executive appointments with individual- and firm-level antecedents. Using multilevel data comprising 1,446 TMT appointments at 360 large European firms between 2001 and 2005, we show that individual experiential characteristics, the type of TMT function, prior performance of the MNE, and the MNE’s overall degree of internationalization are associated with foreign TMT appointments. We discuss how our findings contribute to the international business literature and complement recent research on the internationalization of TMTs.
   
type journal paper
   
keywords top management teams, cross-border mobility, executive appointments, internationalization, multilevel analysis.
   
project Top management team diversity and firm performance: Exploring new constructs and moderators
language English
kind of paper journal article
date of appearance 2015
journal Journal of World Business
publisher Elsevier
ISSN 1090-9516
number of issue forthcoming
page(s) -
review double-blind review
   
profile area SoM - Responsible Corporate Competitiveness (RoCC)
citation Greve, P., Biemann, T., & Ruigrok, W. (2015). Foreign executive appointments: A multilevel examination. Journal of World Business(forthcoming), -.