The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance

The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined...

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Main Author: Sri Sarah Maznah, Mohd Salleh
Format: Thesis
Language:English
English
Published: 2017
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Online Access:https://etd.uum.edu.my/7161/1/s94779_01.pdf
https://etd.uum.edu.my/7161/2/s94779_02.pdf
https://etd.uum.edu.my/7161/
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spelling my.uum.etd.71612021-08-18T07:42:06Z https://etd.uum.edu.my/7161/ The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance Sri Sarah Maznah, Mohd Salleh HD28-70 Management. Industrial Management The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined the mediating effect of firm innovativeness towards relationships of TMT diversity and networking with firm performance, and assessing the moderating effect of innovation types on the relationship between firm innovativeness and firm performance. The motivation of this study was driven by the inconclusiveness of previous research findings on the influence of TMT characteristics towards firm innovativeness. Furthermore, there were limited studies which examined the influence of firm innovativeness on sustainable firm performance, though the importance of innovation for long-term sustainability had been recognized by the Malaysian government. Data were collected through survey questionnaires which were randomly distributed to a sample of 96 PNB invested companies, with 47% response rate. They were analysed by employing PLS-SEM technique. Results obtained indicated that TMT diversity, TMT networking and firm innovativeness significantly enhanced sustainable firm performance, demonstrating the essential aspects to be considered by practitioners. Additionally, the mediating role of firm innovativeness between TMT networking and firm performance was established. Results also showed that process and organizational innovation moderated the relationship between firm innovativeness and firm performance. Novelty of this research was pioneering the overall impact of TMT diversity and networking, the mediating role of firm innovativeness, and the moderating effect of innovation types which explained 81% of variance in sustainable firm performance. Hence, attained results provided further explanations to the current literature and empirically extended the Upper Echelon Theory to include TMT diversity, TMT networking, mediating role of firm innovativeness, and moderating effects of innovation types towards sustainable firm performance. Finally, the research offers recommendations to management researchers, policymakers and PNB. 2017 Thesis NonPeerReviewed text en https://etd.uum.edu.my/7161/1/s94779_01.pdf text en https://etd.uum.edu.my/7161/2/s94779_02.pdf Sri Sarah Maznah, Mohd Salleh (2017) The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance. PhD. thesis, Universiti Utara Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Electronic Theses
url_provider http://etd.uum.edu.my/
language English
English
topic HD28-70 Management. Industrial Management
spellingShingle HD28-70 Management. Industrial Management
Sri Sarah Maznah, Mohd Salleh
The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
description The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined the mediating effect of firm innovativeness towards relationships of TMT diversity and networking with firm performance, and assessing the moderating effect of innovation types on the relationship between firm innovativeness and firm performance. The motivation of this study was driven by the inconclusiveness of previous research findings on the influence of TMT characteristics towards firm innovativeness. Furthermore, there were limited studies which examined the influence of firm innovativeness on sustainable firm performance, though the importance of innovation for long-term sustainability had been recognized by the Malaysian government. Data were collected through survey questionnaires which were randomly distributed to a sample of 96 PNB invested companies, with 47% response rate. They were analysed by employing PLS-SEM technique. Results obtained indicated that TMT diversity, TMT networking and firm innovativeness significantly enhanced sustainable firm performance, demonstrating the essential aspects to be considered by practitioners. Additionally, the mediating role of firm innovativeness between TMT networking and firm performance was established. Results also showed that process and organizational innovation moderated the relationship between firm innovativeness and firm performance. Novelty of this research was pioneering the overall impact of TMT diversity and networking, the mediating role of firm innovativeness, and the moderating effect of innovation types which explained 81% of variance in sustainable firm performance. Hence, attained results provided further explanations to the current literature and empirically extended the Upper Echelon Theory to include TMT diversity, TMT networking, mediating role of firm innovativeness, and moderating effects of innovation types towards sustainable firm performance. Finally, the research offers recommendations to management researchers, policymakers and PNB.
format Thesis
author Sri Sarah Maznah, Mohd Salleh
author_facet Sri Sarah Maznah, Mohd Salleh
author_sort Sri Sarah Maznah, Mohd Salleh
title The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_short The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_full The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_fullStr The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_full_unstemmed The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_sort influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
publishDate 2017
url https://etd.uum.edu.my/7161/1/s94779_01.pdf
https://etd.uum.edu.my/7161/2/s94779_02.pdf
https://etd.uum.edu.my/7161/
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score 13.144533