 The impact of TMT diversity on corporate restructuring activitiesChristine Madonna Kirkland, Hillary C. Keltner and Zheng, Xin (Michelle) Business Horizons, 2026, vol. 69, issue 2, 147-159 Abstract: Diversity within the top management team (TMT) plays a critical role in driving successful corporate restructuring, yet its full potential often goes unrecognized. This article provides a practical review of how TMT diversity—categorized into job-related dimensions (e.g., tenure, education, experience) and nonjob-related dimensions (e.g., gender, age, culture)—impacts key restructuring activities such as mergers and acquisitions (M&As), alliances, divestitures, strategic change, and research and development (R&D). We identify three benefits of TMT diversity in organizations: it improves decision-making, fosters creativity and innovation, and enhances risk management and strategic alignment. By synthesizing insights from the latest research, we offer actionable guidance for managers to leverage TMT diversity to create value through more effective restructuring strategies. This article underscores the importance of recognizing diversity as a strategic asset in navigating complex corporate changes. Keywords: Corporate restructuring; Top management teams (TMTs); Corporate diversity; Mergers and acquisitions (M&As); Value creation (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:69:y:2026:i:2:p:147-159 DOI: 10.1016/j.bushor.2025.11.002 Access Statistics for this article Business Horizons is currently edited by C. M. Dalton More articles in Business Horizons from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.