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Impact of top management team sociodemographic faultlines on speed of foreign direct investment expansion: An emerging market perspective
Author(s) -
Chhabra Ankita,
Popli Manish
Publication year - 2019
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2261
Subject(s) - foreign direct investment , competition (biology) , context (archaeology) , emerging markets , perspective (graphical) , business , scholarship , marketing , international business , industrial organization , economics , management , economic growth , finance , ecology , paleontology , macroeconomics , artificial intelligence , computer science , biology
In an emerging market context, the strength of sociodemographic faultlines of the top management team (TMT) might negatively impact the speed of firm's foreign direct investment (FDI) expansion. Building on upper echelon perspectives, the study proposes testable propositions on the role of sociodemographic faultlines (based on age, caste, and language) of the TMT on the speed of firm's FDI expansion. The role of decision‐making in TMT is crucial for embarking upon such strategic actions and analyzing those that are pertinent for the international business scholarship. Furthermore, we propose that the degree of inward foreign competition faced by the firms and the prior international experience of the TMT will moderate this relationship.