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All Journal JURNAL EMBA : JURNAL RISET EKONOMI, MANAJEMEN, BISNIS DAN AKUNTANSI Journal of Economics, Business, & Accountancy Ventura SOSIOEDUKASI : JURNAL ILMIAH ILMU PENDIDIKAN DAN SOSIAL juremi: jurnal riset ekonomi International Journal of Health Science (IJHS) Journal of the Community Development in Asia
Victor P.K. Lengkong
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Humanities Economics, Econometrics & Finance Education Health Professions Medicine & Pharmacology Nursing Public Health Social Sciences Other

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TOP MANAGEMENT TEAM AND COMPANY PERFORMANCE IN BIG COUNTRIES VS SMALL COUNTRIES Elly Tulung, Joy; S. Nelwan, Olivia; P.K. Lengkong, Victor
Journal of Economics, Business, and Accountancy Ventura Vol. 15 No. 1 (2012): April 2012
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/jebav.v15i1.60

Abstract

So far, there has been little research related to the impact of globalization on corporate governance,particularly the internationalization of the board of directors of international orglobal companies. Besides that, there has been little attention to the nationality compositionof top management. In connection with such a condition, this study attempts to investigatehow the Nationality Diversity in Top Management Team (TMT) affects Company Performancein big countries in Europe versus small countries in Europe. The research data weremanagement boards of companies in 111 companies: 30 in Germany, 38 in France, 25 in theNetherlands, and 18 in Belgium. The whole dataset was provided by Van Veen and Marsman(2008) and derived from this study on nationality diversity. The study provides several results.First, there is a positive relationship between the nationality diversity of TMT membersand company performance. Second, the size of the companies depends on the size of thecountry; companies in the big countries have more employees than those in the small countries.Third, the result of company performance in the big countries and the small countries isnot significant, so the performance of the companies in the big countries is not better thanthat of the companies in the small countries.
Co-Authors Bernhard Tewal Dinda Rahmawati Muhaimin Conoras Driklen Nicoleman Marthes Pondaag Fergie Clivert Anis Genita G. Lumintang Greis M. Sendow Jacky S.B. Sumarauw Jantje L. Sepang Jeffrey L. Tampenawas Joubert B. Maramis Joy Elly Tulung Merinda H. Ch. Pandowo Olivia S Nelwan Olivia S. Nelwan Regina Trifena Saerang Regita Pingkan Lucia Pajow Rita N. Taroreh Sammy Rommy Novie Korua Steven Johannes Imanuel Pangkey Valentino R.N. Pakasi Wenda Anthonie Yantje Uhing