The Influence of Top Management Team Human Capital on Sustainable Business Growth

Traditionally, enterprises have subscribed to the belief that top management team (TMT) human capital is of great influence to a specific entity. While long being a question of interest in the field of management, the extant literature rarely discusses the impact of TMT human capital on sustainable...

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Autores principales: Yaoping Shen, Qian Zheng, Xinghui Lei, Fengpei Hu
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Lenguaje:EN
Publicado: Frontiers Media S.A. 2021
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Acceso en línea:https://doaj.org/article/2a985393495444bc9a6c8eb82f964797
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spelling oai:doaj.org-article:2a985393495444bc9a6c8eb82f9647972021-12-01T01:31:56ZThe Influence of Top Management Team Human Capital on Sustainable Business Growth1664-107810.3389/fpsyg.2021.773689https://doaj.org/article/2a985393495444bc9a6c8eb82f9647972021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fpsyg.2021.773689/fullhttps://doaj.org/toc/1664-1078Traditionally, enterprises have subscribed to the belief that top management team (TMT) human capital is of great influence to a specific entity. While long being a question of interest in the field of management, the extant literature rarely discusses the impact of TMT human capital on sustainable business growth. By examining data obtained from 535 TMT members of private enterprises in Zhejiang Province PRC, and investigate the mediating effect of decision-making quality as well as the moderating effect of founder characteristics, we analyze the positive operating mechanisms of TMT human capital on sustainable business growth. Interestingly, the single most striking observation to emerge from the empirical investigation was: (1) TMT human capital has a significant positive impact on sustainable business growth; (2) decision-making quality fully mediates the relationship between TMT human capital and sustainable business growth; and (3) the more open-minded the founders, the stronger the mediating effect of decision-making quality in the relationship between TMT human capital and sustainable business growth. This research has expanded the perspective and scope of the research on TMT human capital, and its practical usage is discussed.Yaoping ShenQian ZhengXinghui LeiFengpei HuFrontiers Media S.A.articledecision-making qualityfounder characteristicshuman capitalsustainable business growthtop management teamPsychologyBF1-990ENFrontiers in Psychology, Vol 12 (2021)
institution DOAJ
collection DOAJ
language EN
topic decision-making quality
founder characteristics
human capital
sustainable business growth
top management team
Psychology
BF1-990
spellingShingle decision-making quality
founder characteristics
human capital
sustainable business growth
top management team
Psychology
BF1-990
Yaoping Shen
Qian Zheng
Xinghui Lei
Fengpei Hu
The Influence of Top Management Team Human Capital on Sustainable Business Growth
description Traditionally, enterprises have subscribed to the belief that top management team (TMT) human capital is of great influence to a specific entity. While long being a question of interest in the field of management, the extant literature rarely discusses the impact of TMT human capital on sustainable business growth. By examining data obtained from 535 TMT members of private enterprises in Zhejiang Province PRC, and investigate the mediating effect of decision-making quality as well as the moderating effect of founder characteristics, we analyze the positive operating mechanisms of TMT human capital on sustainable business growth. Interestingly, the single most striking observation to emerge from the empirical investigation was: (1) TMT human capital has a significant positive impact on sustainable business growth; (2) decision-making quality fully mediates the relationship between TMT human capital and sustainable business growth; and (3) the more open-minded the founders, the stronger the mediating effect of decision-making quality in the relationship between TMT human capital and sustainable business growth. This research has expanded the perspective and scope of the research on TMT human capital, and its practical usage is discussed.
format article
author Yaoping Shen
Qian Zheng
Xinghui Lei
Fengpei Hu
author_facet Yaoping Shen
Qian Zheng
Xinghui Lei
Fengpei Hu
author_sort Yaoping Shen
title The Influence of Top Management Team Human Capital on Sustainable Business Growth
title_short The Influence of Top Management Team Human Capital on Sustainable Business Growth
title_full The Influence of Top Management Team Human Capital on Sustainable Business Growth
title_fullStr The Influence of Top Management Team Human Capital on Sustainable Business Growth
title_full_unstemmed The Influence of Top Management Team Human Capital on Sustainable Business Growth
title_sort influence of top management team human capital on sustainable business growth
publisher Frontiers Media S.A.
publishDate 2021
url https://doaj.org/article/2a985393495444bc9a6c8eb82f964797
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