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Top management and innovations in banking: Does the composition of the top team make a difference?
Abstract
The relationship between the social composition of top management teams and innovation adoptions was examined in a sample of 199 banks. The following characteristics of top management teams were examined: average age, average tenure in the firm, education level, and heterogeneity with respect to age, tenure, educational background, and functional background. In addition, the effects of bank size, location (state of operation), and team size were assessed. Results indicate that more innovative banks are managed by more educated teams who are diverse with respect to their functional areas of expertise. These relationships remain significant when organizational size, team size, and location are controlled for.
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Citations
Cited by
Milliken, F. J., & Martins, L. L. (1996) · The Academy of Management Review · doi:10.5465/amr.1996.9605060217 · Cited by 3,413
Exploring the Black Box: An Analysis of Work Group Diversity, Conflict and Performance
Pelled, L. H., Eisenhardt, K. M., & Xin, K. R. (1999) · Administrative Science Quarterly · doi:10.2307/2667029 · Cited by 2,971
Work group diversity and group performance: an integrative model and research agenda.
van Knippenberg, D., De Dreu, C. K. W., & Homan, A. C. (2004) · Journal of Applied Psychology · doi:10.1037/0021-9010.89.6.1008 · Cited by 2,911
Amason, A. C. (1996) · Academy of Management Journal · doi:10.2307/256633 · Cited by 2,584
Ely, R. J., & Thomas, D. A. (2001) · Administrative Science Quarterly · doi:10.2307/2667087 · Cited by 2,433
Metadata
- Authors
- Bantel, K. A., & Jackson, S. E.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 1989
- Volume
- 10
- Issue
- S1
- Pages
- 107-124
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2165625270
- Cited by
- 2,948
- References
- 0
- FWCI
- 9.43
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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