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University of Texas at Arlington

Theses/Dissertations

2023

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Top Management Team Functional Diversity And Firm Performance: A Mediation Analysis, Tsung Hsuan Yang Aug 2023

Top Management Team Functional Diversity And Firm Performance: A Mediation Analysis, Tsung Hsuan Yang

Accounting Dissertations

In my dissertation, I study whether the top management team (TMT) between-member and within-member functional diversities affect firm performance. Between-member functional diversity, known as Dominant Functional Diversity (DFD), refers to the heterogeneity of functional experts on a TMT, and within-member functional diversity, known as Intrapersonal Functional Diversity (IFD), refers to the aggregate functional breadth of TMT members. My analysis indicates that IFD is positively and significantly associated with firm performance. The relationship between DFD and firm performance is also positive but not statistically significant. In the second analysis, I perform a mediation analysis to explore plausible mechanisms through which TMT …