Top Management Team Characteristics and Performance of Banks in Russia

被引:5
|
作者
Prosvirkina, Elena [1 ]
Wolfs, Bert [2 ]
机构
[1] Higher Sch Econ, Grad Sch Business, 20 Myasnitskaya Ulitsa, Moscow 101000, Russia
[2] SBS Swiss Business Sch, Zurich, Switzerland
关键词
Banking; firm performance; heterogeneity; Russia; top management team; FIRM PERFORMANCE; DEMOGRAPHIC CHARACTERISTICS; CHARACTERISTICS MATTER; BUSINESS STRATEGY; CEO; DIVERSITY;
D O I
10.1080/10669868.2021.1895947
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study's results suggest that some top management characteristics have positive influence on the performance of banks, while others either negative or neutral. It was proven that percentage of Ph.D. holders in TMT and heterogeneity of functional expertise positively influence financial results of banks. In addition, CEO duality and gender heterogeneity have a negative effect on financial results of banks in Russia. Other TMT characteristics have no influence on banks performance (ROA, ROE and ROI).
引用
收藏
页码:291 / 309
页数:19
相关论文
共 50 条
  • [31] Top management team pay structure and corporate social performance
    Ji, Yong-Yeon
    JOURNAL OF GENERAL MANAGEMENT, 2015, 40 (03) : 3 - 20
  • [32] Research on top management team heterogeneity, diversification and firm performance
    Zhang, Ping
    ICIM 2006: Proceedings of the Eighth International Conference on Industrial Management, 2006, : 458 - 467
  • [33] Top management team heterogeneity, strategic change and operational performance
    Naranjo-Gil, David
    Hartmann, Frank
    Maas, Victor S.
    BRITISH JOURNAL OF MANAGEMENT, 2008, 19 (03) : 222 - 234
  • [34] Top management team and corporate performance: a study of Greek firms
    Koufopoulos, Dimitrios
    Zoumbos, Vassilios
    Argyropoulou, Maria
    Motwani, Jaideep
    TEAM PERFORMANCE MANAGEMENT, 2008, 14 (7-8) : 340 - +
  • [35] Top management team's intellectual capital and firm performance
    Carmen Diaz-Fernandez, M.
    Rosario Gonzalez-Rodriguez, M.
    Simonetti, Biagio
    EUROPEAN MANAGEMENT JOURNAL, 2015, 33 (05) : 322 - 331
  • [36] The Impact of Top Management Team Demography on Firm Performance in China
    Li-Qun Wei
    Chung-Ming Lau
    Michael N Young
    Zhihui Wang
    Asian Business & Management, 2005, 4 (3) : 227 - 250
  • [37] Diversity faultlines, shared objectives, and top management team performance
    van Knippenberg, Daan
    Dawson, Jeremy F.
    West, Michael A.
    Homan, Astrid C.
    HUMAN RELATIONS, 2011, 64 (03) : 307 - 336
  • [38] TOP MANAGEMENT TEAM GROUP FACTORS, CONSENSUS, AND FIRM PERFORMANCE
    PRIEM, RL
    STRATEGIC MANAGEMENT JOURNAL, 1990, 11 (06) : 469 - 478
  • [39] Top Management Team Behavioral Integration and the Performance of Service Organizations
    Carmeli, Abraham
    GROUP & ORGANIZATION MANAGEMENT, 2008, 33 (06) : 712 - 735
  • [40] TOP MANAGEMENT TEAM DIVERSITY AND FIRM PERFORMANCE IN DIGITAL ERA
    Velinov, E.
    Konovalova, N.
    POLISH JOURNAL OF MANAGEMENT STUDIES, 2022, 26 (02): : 396 - 410