The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance

The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance

The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined...

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Main Author: Sri Sarah Maznah, Mohd Salleh
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
HD28-70 Management
Industrial Management
Online Access:https://etd.uum.edu.my/7161/1/s94779_01.pdf
https://etd.uum.edu.my/7161/2/s94779_02.pdf
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id my-uum-etd.7161
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Yusoff, Rushami Zien
Saad, Rohaizah
topic HD28-70 Management
Industrial Management
spellingShingle HD28-70 Management
Industrial Management
Sri Sarah Maznah, Mohd Salleh
The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
description The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined the mediating effect of firm innovativeness towards relationships of TMT diversity and networking with firm performance, and assessing the moderating effect of innovation types on the relationship between firm innovativeness and firm performance. The motivation of this study was driven by the inconclusiveness of previous research findings on the influence of TMT characteristics towards firm innovativeness. Furthermore, there were limited studies which examined the influence of firm innovativeness on sustainable firm performance, though the importance of innovation for long-term sustainability had been recognized by the Malaysian government. Data were collected through survey questionnaires which were randomly distributed to a sample of 96 PNB invested companies, with 47% response rate. They were analysed by employing PLS-SEM technique. Results obtained indicated that TMT diversity, TMT networking and firm innovativeness significantly enhanced sustainable firm performance, demonstrating the essential aspects to be considered by practitioners. Additionally, the mediating role of firm innovativeness between TMT networking and firm performance was established. Results also showed that process and organizational innovation moderated the relationship between firm innovativeness and firm performance. Novelty of this research was pioneering the overall impact of TMT diversity and networking, the mediating role of firm innovativeness, and the moderating effect of innovation types which explained 81% of variance in sustainable firm performance. Hence, attained results provided further explanations to the current literature and empirically extended the Upper Echelon Theory to include TMT diversity, TMT networking, mediating role of firm innovativeness, and moderating effects of innovation types towards sustainable firm performance. Finally, the research offers recommendations to management researchers, policymakers and PNB.
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Sri Sarah Maznah, Mohd Salleh
author_facet Sri Sarah Maznah, Mohd Salleh
author_sort Sri Sarah Maznah, Mohd Salleh
title The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_short The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_full The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_fullStr The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_full_unstemmed The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
title_sort influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance
granting_institution Universiti Utara Malaysia
granting_department School of Business Management
publishDate 2017
url https://etd.uum.edu.my/7161/1/s94779_01.pdf
https://etd.uum.edu.my/7161/2/s94779_02.pdf
_version_ 1747828165658542080
spelling my-uum-etd.71612021-08-18T07:42:06Z The influence of top management team diversity and networking towards firm innovativeness in achieving sustainable firm performance 2017 Sri Sarah Maznah, Mohd Salleh Yusoff, Rushami Zien Saad, Rohaizah School of Business Management School of Business Management HD28-70 Management. Industrial Management The main objective of this study is to evaluate the relative influence of Top Management Team (TMT) diversity and networking on firm innovativeness, and their overall effect on sustainable firm performance, among Permodalan Nasional Berhad (PNB) invested companies in Malaysia. Moreover, it examined the mediating effect of firm innovativeness towards relationships of TMT diversity and networking with firm performance, and assessing the moderating effect of innovation types on the relationship between firm innovativeness and firm performance. The motivation of this study was driven by the inconclusiveness of previous research findings on the influence of TMT characteristics towards firm innovativeness. Furthermore, there were limited studies which examined the influence of firm innovativeness on sustainable firm performance, though the importance of innovation for long-term sustainability had been recognized by the Malaysian government. Data were collected through survey questionnaires which were randomly distributed to a sample of 96 PNB invested companies, with 47% response rate. They were analysed by employing PLS-SEM technique. Results obtained indicated that TMT diversity, TMT networking and firm innovativeness significantly enhanced sustainable firm performance, demonstrating the essential aspects to be considered by practitioners. Additionally, the mediating role of firm innovativeness between TMT networking and firm performance was established. Results also showed that process and organizational innovation moderated the relationship between firm innovativeness and firm performance. Novelty of this research was pioneering the overall impact of TMT diversity and networking, the mediating role of firm innovativeness, and the moderating effect of innovation types which explained 81% of variance in sustainable firm performance. Hence, attained results provided further explanations to the current literature and empirically extended the Upper Echelon Theory to include TMT diversity, TMT networking, mediating role of firm innovativeness, and moderating effects of innovation types towards sustainable firm performance. Finally, the research offers recommendations to management researchers, policymakers and PNB. 2017 Thesis https://etd.uum.edu.my/7161/ https://etd.uum.edu.my/7161/1/s94779_01.pdf text eng public https://etd.uum.edu.my/7161/2/s94779_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Ackerman, R. 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