Author(s)

Keyu Zhou ¹

Affiliation(s)

¹ School of Public Administration, Southwest Jiaotong University, Chengdu, Sichuan, 610031, China

Corresponding Author

Keyu Zhou

ABSTRACT

The functional background heterogeneity of top management team has gradually attracted the attention of research in the field of management, and it has also affected firm practice. This paper sorts out the current research status of the heterogeneity of top management team functional background and its relationship with firm value, and finally points out the limitations of existing research from the perspective of firm life cycle. Future research can build a theoretical model of the impact of the functional background heterogeneity of top management team on firm value in different life cycle stages, explore its specific effects, promote the idea of maximizing firm value, and enhance market competitiveness.

KEYWORDS

Functional background heterogeneity of top management team, Firm value, Firm life cycle

CITE THIS PAPER

Keyu Zhou, Current Status and Prospect of Research on the Functional Background Heterogeneity of Top Management Team. Accounting and Corporate Management (2023) Vol. 5: 31-35. DOI: http://dx.doi.org/10.23977/acccm.2023.050305.

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