Foreign executive appointments: A multilevel examination

Peder Greve, Torsten Biemann and Winfried Ruigrok

Journal of World Business, 2015, vol. 50, issue 4, 674-686

Abstract: As multinational enterprises (MNE) expand, their attachment to the country of origin is challenged by the need to adapt to an increasingly diverse geographical posture. We examine how these countervailing forces affect top management team (TMT) composition and test a model that associates foreign executive appointments with individual- and firm-level antecedents. Using multilevel data comprising 1446 TMT appointments at 360 large European firms between 2001 and 2005, we show that individual experiential characteristics, the type of TMT function, prior performance of the MNE, and the MNE's overall degree of internationalization are associated with foreign TMT appointments. We discuss how our findings contribute to the international business literature and complement recent research on the internationalization of TMTs.

Keywords: Top management teams; Cross-border mobility; Executive appointments; Internationalization; Multilevel analysis (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (27)

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DOI: 10.1016/j.jwb.2014.10.012

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