Articles producció científica> Economia

The diversity of the top management team and the survival and success of international companies: The case of Spanish companies with foreign direct investment in China

  • Identification data

    Identifier: imarina:5130395
    Authors:
    Angels Niñerola, Ana-Beatriz Hernández-Lara, Maria-Victòria Sánchez-Rebull
    Abstract:
    There is an important stream of research in internationalisation studies about the influence of the governing bodies on organisational expansion strategies. Using Upper Echelon Theory, this paper aims to analyse how the diversity of the top management team affects the success and survival of the company abroad. Data were collected from Spanish companies with foreign direct investment in China during the period 2012-2013. China was chosen as the host country because it is the world's largest recipient of FDI and because of the considerable cultural and geographical differences between China and Spain, which makes the investments especially risky and uncertain. Therefore, it deserves additional research. The results indicate that a top management team with members of very different ages has a negative impact on the success of the company abroad because the generational differences introduce different opinions into decision-making process. However, gender diversity increases the survival of the company. Survival is also greater if the company is smaller because it is more flexible and has a greater ability to adapt to market contingencies.
  • Others:

    Author, as appears in the article.: Angels Niñerola, Ana-Beatriz Hernández-Lara, Maria-Victòria Sánchez-Rebull
    Department: Economia
    URV's Author/s: Hernandez Lara, Ana Beatriz / Niñerola Monserrat, Angels / Sánchez Rebull, María Victoria
    Keywords: Top management team Teoría upper echelon Spanish companies Internationalisation process Business strategy
    Abstract: There is an important stream of research in internationalisation studies about the influence of the governing bodies on organisational expansion strategies. Using Upper Echelon Theory, this paper aims to analyse how the diversity of the top management team affects the success and survival of the company abroad. Data were collected from Spanish companies with foreign direct investment in China during the period 2012-2013. China was chosen as the host country because it is the world's largest recipient of FDI and because of the considerable cultural and geographical differences between China and Spain, which makes the investments especially risky and uncertain. Therefore, it deserves additional research. The results indicate that a top management team with members of very different ages has a negative impact on the success of the company abroad because the generational differences introduce different opinions into decision-making process. However, gender diversity increases the survival of the company. Survival is also greater if the company is smaller because it is more flexible and has a greater ability to adapt to market contingencies.
    Thematic Areas: Sociology Sociologia i política Sociología Interdisciplinary research in the social sciences Interdisciplinar Economia Ciencias sociales Administração pública e de empresas, ciências contábeis e turismo
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: angels.ninerola@urv.cat anabeatriz.hernandez@urv.cat mariavictoria.sanchez@urv.cat
    Author identifier: 0000-0001-5598-1203 0000-0002-8110-9328 0000-0003-0326-5699 0000-0002-9920-4104
    Record's date: 2023-05-21
    Papper version: info:eu-repo/semantics/publishedVersion
    Link to the original source: http://www.revista-rio.org/index.php/revista_rio/article/view/205
    Papper original source: Revista Internacional De Organizaciones. 16 (Junio): 127-148
    APA: Angels Niñerola, Ana-Beatriz Hernández-Lara, Maria-Victòria Sánchez-Rebull (2016). The diversity of the top management team and the survival and success of international companies: The case of Spanish companies with foreign direct investment in China. Revista Internacional De Organizaciones, 16(Junio), 127-148. DOI: 10.17345/rio16.127-148
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Article's DOI: 10.17345/rio16.127-148
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2016
    Publication Type: Journal Publications
  • Keywords:

    Sociology
    Top management team
    Teoría upper echelon
    Spanish companies
    Internationalisation process
    Business strategy
    Sociology
    Sociologia i política
    Sociología
    Interdisciplinary research in the social sciences
    Interdisciplinar
    Economia
    Ciencias sociales
    Administração pública e de empresas, ciências contábeis e turismo
  • Documents:

  • Cerca a google

    Search to google scholar