A Review of Research on the Influence of TMT Heterogeneity on EP

Abstract

With the strengthening of specialization and division of labor, the differences among top management team (TMT) gradually increase. The existing literature has explored the relationship between TMT heterogeneity and enterprise performance (EP). Secondly, the intermediary variable of the relationship between TMT heterogeneity and EP is introduced to explore the intermediate process of the influence of TMT heterogeneity on EP. The moderating variables that influence the relationship between the two processes are introduced to explore whether the intermediate process will be affected by other factors and present different characteristics. This paper sorts out and analyzes the existing literature, and puts forward some problems that may need to be paid attention to in the future, so that readers can understand the current situation of the development of this field and the possible future research direction, it also has certain reference value to the construction of the TMT, the cultivation of human capital and the economic upgrading and transformation in China.