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The purpose of this study is to examine the effect of TMT diversity on the use of international strategic alliances. We propose that while the moderate level of TMT diversity has a positive effect on ...
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The purpose of this study is to examine the effect of TMT diversity on the use of international strategic alliances. We propose that while the moderate level of TMT diversity has a positive effect on the use of international alliances, excessive amount of TMT diversity has a negative effect. We also propose that the relationship between TMT diversity and the use of international alliances is stronger when the environment is more uncertain. Based on a sample of 263 US firms in fourteen industries from 1988 to 1996, we find that TMT international exposure diversity is positively associated with the use of international alliances whereas TMT job-related diversity has no significant association with it. We also find that TMT international exposure diversity has a curvilinear effect on the use of international alliances whereas TMT job-related diversity has no such effect. We further find that environmental uncertainty moderates the relationship between TMT diversity and the use of international alliances. We discuss implications and directions for future study.
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ABSTRACT