Top management and innovations in banking: Does the composition of the top team make a difference?

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Abstract

The relationship between the social composition of top management teams and innovation adoptions was examined in a sample of 199 banks. The following characteristics of top management teams were examined: average age, average tenure in the firm, education level, and heterogeneity with respect to age, tenure, educational background, and functional background. In addition, the effects of bank size, location (state of operation), and team size were assessed. Results indicate that more innovative banks are managed by more educated teams who are diverse with respect to their functional areas of expertise. These relationships remain significant when organizational size, team size, and location are controlled for.

Source: resolved

Document Metadata

Issuer: Wiley
Document Type: Research / Academic Paper
Publication Year: 1989
Retrieved: 5 May 2026
Source: Contact XFID for Access
Record ID: XFE41S5DSS
Validation: Inferred by XFID

Topics

Corporate Governance

Cited by (1)

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Wiley (1989). Top management and innovations in banking: Does the composition of the top team make a difference?. XFID: XF-E41S5DS-S. Retrieved from https://xframework.id/XFE41S5DSS

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XF-E41S5DS-S