Top management teams, strategy and financial performance: A meta-analytic examination Academic Article uri icon


  • A considerable amount of research has investigated the linkage between top management team (TMT) characteristics and firm financial performance. Much of this research relies on demographic data. While these data are reliable and accessible, findings across studies are not consistent. Meta-analysis of several TMT indicators and firm financial performance provides modest support for direct relationships but indicates moderating influences. Further meta-analysis and a confirmatory factor analysis enrich these findings by examining potential moderating and intervening factors. Blackwell Publishing Ltd 2006.

published proceedings


author list (cited authors)

  • Certo, S. T., Lester, R. H., Dalton, C. M., & Dalton, D. R.

citation count

  • 302

complete list of authors

  • Certo, S Trevis||Lester, Richard H||Dalton, Catherine M||Dalton, Dan R

publication date

  • June 2006