Collection Title:	SIU Thesis
Title :	The Effect of Top Management Team Characteristics on Innovation of Firms in China Growth Enterprise Market: The Moderating Role of Managerial Incentives
Material Type:	printed text
Authors:	Lingfeng Du, Author ; Fuangfa Amponstira, Associated Name ; Manoch Prompanyo, Associated Name
Publication Date:	2022
Pagination:	x, 165 p.
Layout:	Tables, ill.
Size:	30 cm.
Price:	500.00 Baht
General note:	SIU THE: SOM-PhD-M-2022-60 Thesis. [PhD.[Philosophy in Management]].-- Shinawatra University, 2022
Languages :	English (eng)
Descriptors:	[LCSH]Film [LCSH]Investment [LCSH]Management
Keywords:	Top management team; Top management team characteristics; R&D investment; Managerial Incentive
Abstract:	Innovation is the core driving force of social economic growth and enterprise operation and development. Managers play a key role in making investment decisions. Innovation enables enterprises to gain advantages in the competing market. However, it is very risky to evaluate the enterprise's innovation strategy only by relying on the the CEO. To be more precise, The CEO ought to communicate and collaborate with top management members to improve the sustainable development and innovation of the enterprise. Therefore, as the most influential group in an enterprise, the top management team has a crucial influence on the R&D investment behavior of the enterprise. As an important theory to study the top management team, the upper echelon theory points out that demographic variables such as age, gender, educational level, functional background and team size can well reflect some characteristics of the top management team, providing application conditions for the development of the top management team. Finkelstein et al. (2009) pointed out top management team members often measure risks and benefits psychologically, and influence the strategic development direction and organizational behavior of enterprises. At the same time, considering the influence of executive compensation incentive and stock option incentive, this paper takes listed companies on GEM from 2009 to 2017 as research samples, obtaining data from CSMAR database, WIND database and annual report. The relationship between top management characteristics and R&D investment is empirically tested. The main research contents and conclusions are as follows: (1) Take indicators such as age, gender, professional background, education level and team size as proxy variables to measure the characteristics of top management team. It found out that the age and the proportion of female managers are negatively with the R&D investment. The professional background, educational level and the team size are positively with the R&D investment. (2) Introduction of incentive policy, the moderating effect of executive incentive (compensation incentive and stock option incentive) on TMT characteristics and R&D investment behavior has been tested. The results show that the compensation incentive exerts positive moderating influence on the relationship between TMT characteristics and firm R&D investment.
Curricular :	BBA/GE/MBA/PhDM
Record link:	http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=28434

SIU Thesis. The Effect of Top Management Team Characteristics on Innovation of Firms in China Growth Enterprise Market: The Moderating Role of Managerial Incentives [printed text] / Lingfeng Du, Author ; Fuangfa Amponstira, Associated Name ; Manoch Prompanyo, Associated Name . - 2022 . - x, 165 p. : Tables, ill. ; 30 cm.
500.00 Baht
SIU THE: SOM-PhD-M-2022-60
Thesis. [PhD.[Philosophy in Management]].-- Shinawatra University, 2022
Languages : English (eng)

Descriptors:	[LCSH]Film [LCSH]Investment [LCSH]Management
Keywords:	Top management team; Top management team characteristics; R&D investment; Managerial Incentive
Abstract:	Innovation is the core driving force of social economic growth and enterprise operation and development. Managers play a key role in making investment decisions. Innovation enables enterprises to gain advantages in the competing market. However, it is very risky to evaluate the enterprise's innovation strategy only by relying on the the CEO. To be more precise, The CEO ought to communicate and collaborate with top management members to improve the sustainable development and innovation of the enterprise. Therefore, as the most influential group in an enterprise, the top management team has a crucial influence on the R&D investment behavior of the enterprise. As an important theory to study the top management team, the upper echelon theory points out that demographic variables such as age, gender, educational level, functional background and team size can well reflect some characteristics of the top management team, providing application conditions for the development of the top management team. Finkelstein et al. (2009) pointed out top management team members often measure risks and benefits psychologically, and influence the strategic development direction and organizational behavior of enterprises. At the same time, considering the influence of executive compensation incentive and stock option incentive, this paper takes listed companies on GEM from 2009 to 2017 as research samples, obtaining data from CSMAR database, WIND database and annual report. The relationship between top management characteristics and R&D investment is empirically tested. The main research contents and conclusions are as follows: (1) Take indicators such as age, gender, professional background, education level and team size as proxy variables to measure the characteristics of top management team. It found out that the age and the proportion of female managers are negatively with the R&D investment. The professional background, educational level and the team size are positively with the R&D investment. (2) Introduction of incentive policy, the moderating effect of executive incentive (compensation incentive and stock option incentive) on TMT characteristics and R&D investment behavior has been tested. The results show that the compensation incentive exerts positive moderating influence on the relationship between TMT characteristics and firm R&D investment.
Curricular :	BBA/GE/MBA/PhDM
Record link:	http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=28434