| TMT dispositional optimism composition and firm performance: The mediating role of competitive actions |
Received:October 15, 2017 Revised:October 15, 2017 |
Key Words: TMT composition; optimism; competitive dynamics |
| Author Name | Affiliation | | Jianhong Chen | University of New Hampshire | | Tianxu Chen | Portland State University | | Ho Kwong Kwan* | Tongji University | | Sucheta Nadkarni | University of Cambridge |
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Abstract: |
| We examine the relationships between top management team (TMT) composition of optimism, competitive behaviors, and firm performance based on a sample of 120 small and medium sized firms. Our results suggest that TMT mean optimism influences firm performance through competitive action speed and this relationship is moderated by TMT optimism diversity, whereas TMT optimism diversity influences firm performance through competitive action complexity. As the first study to examine optimism at the team-level, our study highlights the differential firm competitive behavior mediators of the influence of TMT mean and diversity in optimism on firm performance. |
