More Resources

The influence of top management team heterogeneity on the capital raised through an initial public offering.


by Zimmerman, Monica A.

Deeds, D., DeCarolis, D., & Coombs, J. (1997). The impact of firm-specific capabilities on the amount of capital raised in an initial public offering: Evidence from the biotechnology industry. Journal of Business Venturing, 12(1), 31-46.

Deeds, D.L., Mang, P.Y., & Frandsen, M.L. (2004). The influence of firms' and industries' legitimacy on the flow of capital into high-technology ventures. Strategic Organization, 2(1), 9-34.

Dess, G.G., Ireland, R.D., & Hitt, M.A. (1990). Industry effects and strategic management research. Journal of Management, 16, 7-27.

Downes, D. & Heinkel, R. (1982). Signaling and the valuation of unseasoned new issues. The Journal of Finance, 37(1), 1-10.

Eisenhardt, K. & Schoonhoven, C. (1990). Organizational growth: Linking founding team, strategy, environment, and growth among U.S. semiconductor ventures, 1978-1988. Administrative Science Quarterly, 35, 504-529.

Ensley, M., Carland, J.W., & Carland, J.C. (1998). The effect of entrepreneurial team skill heterogeneity and functional diversity on new venture performance. Journal of Business and Entrepreneurship, 10(1), 1-11.

Ensley, M.D., Pearson, A.W., & Amason, A.C. (2002). Understanding the dynamics of new venture top management teams: Cohesion, conflict, and new venture performance. Journal of Business Venturing, 17, 365-386.

Filatotchev, I. & Bishop, K. (2002). Board composition, share ownership, and "underpricing" of U.K. IPO firms. Strategic Management Journal, 23, 941-955.

Finkelstein, S. & Hambrick, D. (1990). Top-management team tenure and organizational outcomes: The moderating role of managing discretion. Administrative Science Quarterly, 35, 484-503.

Finkle, T.A. (1998). The relationship between boards of directors and initial public offerings in the biotechnology industry. Entrepreneurship Theory and Practice, 22(3), 5-29.

Fischer, H.M. & Pollock, T.G. (2004). Effects of social capital and power on surviving transformational change: The case of initial public offerings. Academy of Management Journal, 47(4), 463-481.

Glick, W., Miller, C., & Huber, G. (1993). The impact of upper-echelon diversity on organizational performance. In G. Huber & W. Glick (Eds.), Organizational change and re-design: Ideas and insights for improving performance (pp. 176-214). New York: Oxford University Press.

Gompers, P. & Lerner, J. (1999). Conflict of interest in the issuance of public securities: Evidence from venture capital. Journal of Law and Economics, 42(1), 1-28.

Gulati, R. & Higgins, M. (2003). Which ties matter when? The contingent effects of interorganizational partnerships on IPO success. Strategic Management Journal, 24, 127-144.

Gupta, A.K. (1984). Contingency linkages between strategy and general manager characteristics: A conceptual examination. Academy of Management Review, 9, 215-234.

Haleblian, J. & Finkelstein, S. (1993). Top management team size, CEO dominance, and firm performance: The moderating roles of environmental turbulence and discretion. Academy of Management Journal, 36(4), 844-863.

Hambrick, D. (1994). Top management groups: A conceptual integration and reconsideration of the "team" label. Research in Organizational Behavior, 16, 171-213.

Hambrick, D., Cho, T., & Chen, M. (1996). The influence of top management team heterogeneity on firms' competitive moves. Administrative Science Quarterly, 41(4), 659-684.

Hambrick, D. & Mason, P. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Journal, 9, 193-206.

Hambrick, D.C. & D'Aveni, R.A. (1992). Top team deterioration as part of the downward spiral of large corporate bankruptcies. Management Science, 38(10), 1445-1466.

Hanks, S.H. & Chandler, G. (1994). Patterns of functional specialization in emerging high tech firms. Journal of Small Business Management, 32(2), 23-36.

Hannon, J.M. & Milkovich, G.T. (1996). The effect of human resource reputation signals on share prices: An event study. Human Resource Management, 35, 405-424.

Higgins, M.C. & Gulati, R. (2003). Getting off to a good start: The effects of upper echelon affiliations on underwriter prestige. Organization Science, 14, 244-263.

Hitt, M.A. & Tyler, B.B. (1991). Strategic decision models: Integrating different perspectives. Strategic Management Journal, 12(5), 327-351.

Hoffman, J.J. & Lheureux, R.A. (1997). The effect of "inner" and "outer" TMT size on the performance of international firms. Journal of Managerial Issues, 9(1), 121-134.

Johnston, J. & Madura, J. (2002). The performance of Internet firms following their initial public offering. Financial Review, 37(4), 525-550.

Kamm, J.B. & Nurick, A.J. (1992). The stages of team venture formation: A decision-making model. Entrepreneurship Theory and Practice, 17(2), 17-27.

Kamm, J.B., Shuman, J.C., Seeger, J.A., & Nurick, A.J. (1990). Entrepreneurial teams in new venture creation: A research agenda. Entrepreneurship Theory and Practice, 14(4), 7-17.

Katz, R. (1982). The effects of group longevity on project communication and performance. Administrative Science Quarterly, 27, 81-104.

Kilduff, M., Angelmar, R., & Mehra, A. (2000). Top management-team diversity and firm performance: Examining the role of cognitions. Organization Science, 11(1), 21-34.

Kimberly, J.R. & Evanisko, M.J. (1981). Organizational innovation: The influence of individual, organizational, and contextual factors on hospital adoption of technological and administrative innovations. Academy of Management Journal, 24(4), 689-713.

Lange, J.E., Bygrave, W., Nishimoto, S., Roedel, J., & Stock, W. (2001). Smart money? The impact of having top venture capital investors and underwriters backing venture. Venture Capital, 3(4), 309-326.

Lant, T., Milliken, E, & Batra, B. (1992). The role of managerial learning and interpretation in strategic persistence and reorientation: An empirical exploration. Strategic Management Journal, 13, 585-608.

Lester, R.H., Certo, S.T., Dalton, C.M., Dalton, D.R., & Cannella, A.A., Jr. (2006). Initial Public Offering Investor valuations: An examination of top management team prestige and environmental uncertainty. Journal of Small Business Management, 44(1), 1-26.

Lin, T.H. (1996). The certification role of large block shareholders in initial public offerings: The case of venture capitalists. Quarterly Journal of Business & Economics, 35(2), 55-65.

Lynall, M.D., Golden, B.R., & Hillman, A.J. (2003). Board composition from adolescence to maturity: A multitheoretic view. Academy of Management Review, 28(3), 416-431.

Lyon, D. & Ferrier, W. (2002). Enhancing performance with product-market innovation: The influence of the top management team. Journal of Managerial Issues, 14(4), 452-469.

Macmillan, I., Siegel, R., & Narasimha, P.N.S. (1985). Criteria used by venture capitalists to evaluate new venture proposals. Journal of Business Venturing, 1(1), 119-128.

McBain, M.L. & Krause, D.S. (1989). Going public: The impact of insiders' holdings of the price of initial public offerings. Journal of Business Venturing, 4, 419-428.

Megginson, W.L. & Weiss, K.A. (1991). Venture capitalist certification in initial public offerings. Journal of Finance, 56, 879-903.

Milliken, F. & Martins, L. (1996). Searching for common threads: Understanding the multiple effects of diversity in organizational groups. Academy of Management Journal, 21, 402-423.

Mudambi, R. & Zimmerman Treichel, M. (2005). Cash crisis in newly public Internet-based firms: An empirical analysis. Journal of Business Venturing, 20, 543-571.

Murray, A. (1989). Top management group heterogeneity and HRM performance. Strategic Management Journal, 10, 125-141.

Nelson, T. (2003). The persistence of founder influence: Management, ownership, and performance effects at initial public offering. Strategic Management Journal, 24, 707-724.

Pegels, C. & Song, Y. (2000). Management heterogeneity, competitive interaction groups, and firm performance. Strategic Management Journal, 21(9), 911-924.

Podolny, J.M. (1994). Market uncertainty and the social character of economic exchange. Administrative Science Quarterly, 39, 458-483.

Pollock, T., Porac, J., & Wade, J. (2004). Constructing deal networks: Brokers as network "architects" in the U.S. IPO market and other examples. Academy of Management Review, 29(1), 50-72.

Pollock, T. & Rindova, V. (2003). Media legitimation effects in the market for initial public offerings. Academy of Management Journal, 46, 631-642.

Priem, R. (1990). Top management team group factors, consensus, and firm performance. Strategic Management Journal, 11(6), 469-478.

Rasheed, A. & Datta, D. (1997). Determinants of price premiums: A study of initial public offerings in the medical diagnostics and devices industry. Journal of Small Business Management, 35(4), 11-23.

Richard, O. & Shelor, R.M. (2002). Linking top management team age heterogeneity to firm performance: Juxtaposing two mid-range theories. International Journal of Human Resource Management, 13(6), 958-974.

Ritter, J.R. (1984). The "Hot Issue" market of 1980. Journal of Business, 57(2), 215-240.

Roure, J. & Keeley, R. (1990). Predictors of success in new technology based ventures. Journal of Business Venturing, 5(4), 201-220.

Roure, J. & Maidique, M. (1986). Linking prefunding factors and high-technology venture success: An exploratory study. Journal of Business Venturing, 1(3), 295-396.


5  6  7  8  9  
COPYRIGHT 2008 Baylor University Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


Browse by Journal Name:
Today on Entrepreneur
Related Video

e-Business & Technology
Franchise News
Business Book Sampler
Starting a Business
Sales & Marketing
Growing a Business
E-mail*:
Zip Code*: