Lee, Ho Uk. The Impact of TMT International Exposure on Strategic Flexibility and the Moderating Role of TMT Compensation: A Study of U.S. Firms ±¹Á¦°æ¿µ¿¬±¸ 24 : 21~42
¹ßÇ¥³âµµ: 2013 | ºÐ¾ß: ¸Å´ÏÁö¸ÕÆ®
This study proposes that the international exposure of the top executives (i.e., TMT) is animportant antecedent to the strategic flexibility of firms. Additionally, I examine the moderating roleof TMT compensation for the TMT international exposure strategic flexibility relationship. Based ona sample of 250 firms, I find TMT international exposure has a positive effect on the strategicflexibility of the firm. However, I did not find any evidence to support the moderating role of TMTcompensation. I discuss implications and directions for future research.