The interaction of chief executive officer and top management team on organization performance
Human resources can be the most important competitive advantage for organizations. Chief executive officers (CEO) and top management teams (TMT) dominate the organization strategy. Further, CEOs closely influence TMT members. This research explores the interaction between CEOs and TMTs and their effect on organization performance including sustainability, growth, and internationalization. The study draws on the OSIRIS database to select a sample of 697 firms in the information technology industry that complete an initial public offering in 2010 in United States. The study adopts a multiple regression analysis and fsQCA (fuzzy set qualitative comparative analysis) to address the hypotheses and research questions. Results support that the interaction of CEOs and TMTs can improve organization performance.