Striving for superiority: A status perspective on the relationship between top management team demographic faultline strength and managerial risk-taking

IF 7.4 2区 管理学 Q1 BUSINESS
Kaili Li , Renjing Liu , Jiamin Dong
{"title":"Striving for superiority: A status perspective on the relationship between top management team demographic faultline strength and managerial risk-taking","authors":"Kaili Li ,&nbsp;Renjing Liu ,&nbsp;Jiamin Dong","doi":"10.1016/j.lrp.2024.102494","DOIUrl":null,"url":null,"abstract":"<div><div>In this study, we seize the prevalent phenomenon that demographic attributes serve as representative indicators of social status, leading to status differences among team members due to demographic dissimilarities. Therefore, we reconsider how top management team (TMT) demographic faultline strength affects managerial risk-taking from a status perspective. We hypothesize that high TMT demographic faultline strength makes status boundaries among subgroups more distinct, increasing TMT members’ status perceptions, status conflict, and motivation to change their current status positions, which in turn stimulate them to take more risks to pursue or maintain high status. Findings from a sample of Chinese listed firms support our hypotheses, demonstrating that TMT demographic faultline strength positively affects managerial risk-taking, and the positive relationship is weakened by state ownership and strengthened by institutional development. Additionally, institutional development weakens the negative moderating effect of state ownership. Theoretical and practical implications are discussed for better managing demographic faultlines and managerial risk-taking.</div></div>","PeriodicalId":18141,"journal":{"name":"Long Range Planning","volume":"58 1","pages":"Article 102494"},"PeriodicalIF":7.4000,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Long Range Planning","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0024630124000815","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0

Abstract

In this study, we seize the prevalent phenomenon that demographic attributes serve as representative indicators of social status, leading to status differences among team members due to demographic dissimilarities. Therefore, we reconsider how top management team (TMT) demographic faultline strength affects managerial risk-taking from a status perspective. We hypothesize that high TMT demographic faultline strength makes status boundaries among subgroups more distinct, increasing TMT members’ status perceptions, status conflict, and motivation to change their current status positions, which in turn stimulate them to take more risks to pursue or maintain high status. Findings from a sample of Chinese listed firms support our hypotheses, demonstrating that TMT demographic faultline strength positively affects managerial risk-taking, and the positive relationship is weakened by state ownership and strengthened by institutional development. Additionally, institutional development weakens the negative moderating effect of state ownership. Theoretical and practical implications are discussed for better managing demographic faultlines and managerial risk-taking.
追求优势:高层管理团队人口断层强度与管理风险关系的地位视角
在本研究中,我们抓住了一个普遍存在的现象,即人口统计属性作为社会地位的代表性指标,导致团队成员之间由于人口统计差异而产生的地位差异。因此,我们从地位的角度重新考虑高层管理团队(TMT)人口断层强度对管理层风险承担的影响。我们假设较高的TMT人口断层强度使子群体之间的地位边界更加明显,增加了TMT成员的地位感知、地位冲突和改变现有地位的动机,这反过来又刺激他们承担更多的风险来追求或保持高地位。基于中国上市公司样本的研究结果支持了我们的假设,表明TMT人口断层强度正向影响管理层风险承担,且这种正向关系被国有制所削弱,而被制度发展所强化。此外,制度发展弱化了国有制的负向调节作用。讨论了更好地管理人口断层线和管理风险的理论和实践意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
13.00
自引率
7.10%
发文量
75
期刊介绍: Long Range Planning (LRP) is an internationally renowned journal specializing in the field of strategic management. Since its establishment in 1968, the journal has consistently published original research, garnering a strong reputation among academics. LRP actively encourages the submission of articles that involve empirical research and theoretical perspectives, including studies that provide critical assessments and analysis of the current state of knowledge in crucial strategic areas. The primary user base of LRP primarily comprises individuals from academic backgrounds, with the journal playing a dual role within this community. Firstly, it serves as a platform for the dissemination of research findings among academic researchers. Secondly, it serves as a channel for the transmission of ideas that can be effectively utilized in educational settings. The articles published in LRP cater to a diverse audience, including practicing managers and students in professional programs. While some articles may focus on practical applications, others may primarily target academic researchers. LRP adopts an inclusive approach to empirical research, accepting studies that draw on various methodologies such as primary survey data, archival data, case studies, and recognized approaches to data collection.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信