Why Do Firms Employ Foreigners on Their Top Management Teams? A Multilevel Exploration of Individual and Firm Level Antecedents

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Why Do Firms Employ Foreigners on Their Top Management Teams? A Multilevel Exploration of Individual and Firm Level Antecedents

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dc.contributor.author Nielsen, Sabina en_US
dc.contributor.author Nielsen, Bo Bernhard en_US
dc.date.accessioned 2009-02-04T10:27:25Z
dc.date.available 2009-02-04T10:27:25Z
dc.date.issued 2008-07-23T00:00:00Z en_US
dc.identifier.isbn 9788791815348 en_US
dc.identifier.uri http://hdl.handle.net/10398/7469
dc.description.abstract In Europe, in particular, the number of foreigners appointed to top management teams has increased significantly over the past decade. However, the question of why some firms elect to employ foreign nationals on their top management teams remains unclear. This study utilizes a multi-level methodology to test the degree to which employment of a foreigner on the top management team is driven by individual level human capital characteristics versus firm level strategic considerations. Results from empirical tests on a sample of Swiss publicly listed companies suggest that degree of international diversification is positively associated with the likelihood of having a foreign executive, whereas human capital characteristics do not explain the propensity to employ a foreigner on the top management team. Further analyses indicate that nationality diversity at the board level, as well as the international experience of the top management team, are possible predictors of the probability of having a foreigner on the top management team. en_US
dc.format.extent 27 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2008-21 en_US
dc.title Why Do Firms Employ Foreigners on Their Top Management Teams? A Multilevel Exploration of Individual and Firm Level Antecedents en_US
dc.type wp en_US
dc.accessionstatus modt08jul23 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Strategi og Globalisering en_US
dc.contributor.departmentshort SMG en_US
dc.contributor.departmentuk Center for Strategic Management and Globalization en_US
dc.contributor.departmentukshort SMG en_US
dc.idnumber 9788791815348 en_US
dc.publisher.city København en_US
dc.publisher.year 2008 en_US


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