Abstract
We argue that top management team (TMT) demographic faultlines accelerate the downward spiral of organizational decline by hampering information processing and deteriorating TMT functioning. That is, the first performance decline more likely leads to further decline when the TMT has strong faultlines. In addition, CEO power and organizational slack buffer but market complexity escalates the detrimental effects of strong TMT faultlines. Data on publicly listed firms in China provides support to these predictions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
