This dissertation examines the diversification strategy and top management fit proposition. Three general research questions guide the investigation: (1) To what extent are different types of managers required to manage different types of diversified firms? (2) What are the performance implications of a diversification strategy (mode and relatedness) and top management team fit? and (3) Do top management team characteristics explain performance differences within different diversification strategy categories? On the basis of a review of relevant literature and the development of new theory, separate hypotheses were developed for each of four diversification strategies: related-internal, unrelated-acquisitive, related-acquisitive, and unrelated-internal diversifiers. These hypotheses were then empirically examined using a sample of 104 firms drawn from the Compustat lines-of-business data base. / The results of the hypotheses tests and additional exploratory analyses suggest that (1) firms with different strategies do have different top management teams that appear to be matched to the task demands posed by their strategy, (2) matching top management teams to strategy is not much more than a necessary but insufficient step toward high performance, (3) specific top management team characteristics are critical to the implementation of each diversification strategy, importantly differentiating between the most and least successful firms with similar strategies, and (4) these specific top management team characteristics vary between strategies. / Source: Dissertation Abstracts International, Volume: 56-03, Section: A, page: 1022. / Major Professor: Bruce T. Lamont. / Thesis (Ph.D.)--The Florida State University, 1995.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_77370 |
| Contributors | Marlin, Daniel Richard., Florida State University |
| Source Sets | Florida State University |
| Language | English |
| Detected Language | English |
| Type | Text |
| Format | 166 p. |
| Rights | On campus use only. |
| Relation | Dissertation Abstracts International |
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