Influence of Top Management Team Knowledge Base on Enterprise Performance——A Case Study of High-tech Manufacturing Industry

doi:10.11885/j.issn.1674-5094.2019.04.23.07

Abstract

Abstract: Top management team makes strategic decisions of a company, and the decisions are based on its knowledge background. According to upper echelons theory, the strategic decisions and results of enterprises reflect to a large extent the personal experiences and personalities of the top managers. However, the previous upper echelons theory researches focus mainly on the homogeneity or heterogeneity of the top management team's knowledge, without considering the characteristics of the knowledge resources of the top management team. In the knowledge-based view, the senior management team's knowledge accumulation is analyzed in depth and width, and the influence of different senior management team knowledge base on enterprise performance is further discussed. Taking China's high-tech manufacturing industry from 2015 to 2017 as a research sample,we verified the results by generalized least squares method,the robustness tests on substitution of independent variables and dependent variables were carried out. The results show that the depth of knowledge of top management team has a positive impact on short-term enterprise performance, and the width of knowledge of top management team has a significant impact on both short-term and growth performance of enterprises.

Key words: top management team, knowledge base, knowledge width, knowledge depth, enterprise performance

CLC Number:

F272

WEI Huafei, WANG Zhang. Influence of Top Management Team Knowledge Base on Enterprise Performance——A Case Study of High-tech Manufacturing Industry[J]. 西南石油大学学报(社会科学版), 2019, 21(4): 13-20.

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URL: http://journal15.magtechjournal.com/Jwk_xnsk/EN/10.11885/j.issn.1674-5094.2019.04.23.07

http://journal15.magtechjournal.com/Jwk_xnsk/EN/Y2019/V21/I4/13

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