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Fishing in the global talent pool: A multilevel approach to foreign executive appointments

Peder Greve, Torsten Biemann & Winfried Ruigrok

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abstract As multinational enterprises (MNE) expand in foreign markets, they are drawn between the need to adapt to the increasingly diverse geographical configuration of the company and the inherent attachment to their country of origin. In this paper, we explore these countervailing forces in MNEs by examining the likelihood that companies will appoint foreign candidates to top management team (TMT) positions. We develop a theoretical model suggesting that the likelihood of foreign TMT appointments is contingent upon factors at different levels of analysis and estimate a multilevel model with three levels of analysis (TMT appointments in years in MNEs), using a dataset comprising 1,446 TMT appointments at 360 non-financial European companies between 2001 and 2005. Results show that predictors at all levels impact the probability of appointing foreign TMT members, including the type of TMT function (level 1), the prior performance of the MNE (level 2), and the MNE’s overall degree of internationalization (level 3). We discuss how our findings contribute to international business and upper echelons research, how our multilevel model can be applied across research contexts, the practical implications and limitations of our study, and suggestions for future research.
   
type conference paper (English)
   
keywords top managers, international mobility, internationalization, multilevel analysis
   
project The Rise of Multinational Top Management Teams and Boards
name of conference Academy of Management (Boston, MA)
date of conference 6-8-2012
publisher -
review not reviewed
   
citation Greve, P., Biemann, T., & Ruigrok, W. (2012). Fishing in the global talent pool: A multilevel approach to foreign executive appointments. In : -.