{"title":"重新思考高层管理团队人口结构断层与企业绩效的关系:高层管理人员时间稳定性和高层管理人员等级分化的作用","authors":"Kaili Li , Renjing Liu , Jiamin Dong , Yi Li","doi":"10.1016/j.jbusres.2025.115443","DOIUrl":null,"url":null,"abstract":"<div><div>Faultline literature typically adopts social categorization and information elaboration perspectives to examine the relationship between top management team (TMT) demographic faultlines and firm performance, but yields inconsistent findings. This study intends to reconcile these contradictions by utilizing the categorization-elaboration model (CEM) to analyze which perspective dominates this relationship under different scenarios. Using a sample of 1718 Chinese-listed firms from 2009 to 2021, we examine the independent and joint effects of TMT temporal stability (TMT shared experience and TMT membership change) and TMT hierarchical differentiation on the faultlines–performance relationship. The findings indicate that TMT shared experience weakens this negative relationship by enhancing information elaboration, whereas TMT membership change and TMT hierarchical differentiation strengthen it by enhancing social categorization. Additionally, TMT shared experience weakens the negative moderating effect of TMT hierarchical differentiation, whereas TMT membership change strengthens it. Theoretical and practical implications are discussed for better managing faultlines and team characteristics.</div></div>","PeriodicalId":15123,"journal":{"name":"Journal of Business Research","volume":"196 ","pages":"Article 115443"},"PeriodicalIF":10.5000,"publicationDate":"2025-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Rethinking the top management team demographic faultlines–firm performance relationship: The roles of TMT temporal stability and TMT hierarchical differentiation\",\"authors\":\"Kaili Li , Renjing Liu , Jiamin Dong , Yi Li\",\"doi\":\"10.1016/j.jbusres.2025.115443\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Faultline literature typically adopts social categorization and information elaboration perspectives to examine the relationship between top management team (TMT) demographic faultlines and firm performance, but yields inconsistent findings. This study intends to reconcile these contradictions by utilizing the categorization-elaboration model (CEM) to analyze which perspective dominates this relationship under different scenarios. Using a sample of 1718 Chinese-listed firms from 2009 to 2021, we examine the independent and joint effects of TMT temporal stability (TMT shared experience and TMT membership change) and TMT hierarchical differentiation on the faultlines–performance relationship. The findings indicate that TMT shared experience weakens this negative relationship by enhancing information elaboration, whereas TMT membership change and TMT hierarchical differentiation strengthen it by enhancing social categorization. Additionally, TMT shared experience weakens the negative moderating effect of TMT hierarchical differentiation, whereas TMT membership change strengthens it. Theoretical and practical implications are discussed for better managing faultlines and team characteristics.</div></div>\",\"PeriodicalId\":15123,\"journal\":{\"name\":\"Journal of Business Research\",\"volume\":\"196 \",\"pages\":\"Article 115443\"},\"PeriodicalIF\":10.5000,\"publicationDate\":\"2025-05-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Business Research\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0148296325002668\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Business Research","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0148296325002668","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
Rethinking the top management team demographic faultlines–firm performance relationship: The roles of TMT temporal stability and TMT hierarchical differentiation
Faultline literature typically adopts social categorization and information elaboration perspectives to examine the relationship between top management team (TMT) demographic faultlines and firm performance, but yields inconsistent findings. This study intends to reconcile these contradictions by utilizing the categorization-elaboration model (CEM) to analyze which perspective dominates this relationship under different scenarios. Using a sample of 1718 Chinese-listed firms from 2009 to 2021, we examine the independent and joint effects of TMT temporal stability (TMT shared experience and TMT membership change) and TMT hierarchical differentiation on the faultlines–performance relationship. The findings indicate that TMT shared experience weakens this negative relationship by enhancing information elaboration, whereas TMT membership change and TMT hierarchical differentiation strengthen it by enhancing social categorization. Additionally, TMT shared experience weakens the negative moderating effect of TMT hierarchical differentiation, whereas TMT membership change strengthens it. Theoretical and practical implications are discussed for better managing faultlines and team characteristics.
期刊介绍:
The Journal of Business Research aims to publish research that is rigorous, relevant, and potentially impactful. It examines a wide variety of business decision contexts, processes, and activities, developing insights that are meaningful for theory, practice, and/or society at large. The research is intended to generate meaningful debates in academia and practice, that are thought provoking and have the potential to make a difference to conceptual thinking and/or practice. The Journal is published for a broad range of stakeholders, including scholars, researchers, executives, and policy makers. It aids the application of its research to practical situations and theoretical findings to the reality of the business world as well as to society. The Journal is abstracted and indexed in several databases, including Social Sciences Citation Index, ANBAR, Current Contents, Management Contents, Management Literature in Brief, PsycINFO, Information Service, RePEc, Academic Journal Guide, ABI/Inform, INSPEC, etc.