2004
DOI: 10.1177/1059601103251687
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Top Management Team Cohesion and Superior Industry Returns

Abstract: Empirical research of the resource-based view (RBV) is still in its embryonic stages. Existing studies show that certain resources are associated with firm performance, that firms appear to be unique bundles of resources, and that some resources appear relatively immobile—thus lending support to RBV’s main premise and its two assumptions. Another important step in systematically testing RBV is to test its main prescription that strategic assets (SAs) are sustainable sources of superior returns. The current res… Show more

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Cited by 63 publications
(57 citation statements)
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“…From this viewpoint, decision quality will be higher when groups are more homogenous (Jehn & Mannix, 2001). Similarity can also contribute to team cohesion, which is positively linked to performance (Michel & Hambrick, 1992) and has been identified as a strategic asset (Michalisin, Karau, & Tangpong, 2004). Hence, there is a trade-off between the information-decision-making and the similarity-attraction perspectives.…”
Section: Theoretical Approaches To Tmt Diversitymentioning
confidence: 99%
“…From this viewpoint, decision quality will be higher when groups are more homogenous (Jehn & Mannix, 2001). Similarity can also contribute to team cohesion, which is positively linked to performance (Michel & Hambrick, 1992) and has been identified as a strategic asset (Michalisin, Karau, & Tangpong, 2004). Hence, there is a trade-off between the information-decision-making and the similarity-attraction perspectives.…”
Section: Theoretical Approaches To Tmt Diversitymentioning
confidence: 99%
“…Fatout and Rose (1995) defined cohesion as the consequence of participating in a group, which results in attraction to fulfill or expectation to achieve the task goals and the atmosphere that a group can offer its members as a satisfaction of fundamental needs. Michalisin et al (2004) clearly stated that cohesion is ''the degree to which members are attracted to their team and desire to remain in it.'' In brief, this study defined organizational cohesion as:…”
Section: Organizational Cohesionmentioning
confidence: 98%
“…Also, strong OC enhances working relationships for the member and contributes more to the organization (Michalisin et al 2004). Manning and Fullerton (1988) contended that merely gathering group members expedites the formation of OC, and the longer the time that members stay together, the more powerful the cohesion of the group will be.…”
Section: Organizational Cohesionmentioning
confidence: 98%
“…La recherche a été réalisée dans la ville de Mérida. Nous avons choisi de nous concentrer sur la cohérence et la cohésion dans les ED car plusieurs auteurs (De Geuser et Fiol, 2005 ;Michalisin, Karau et Tangpong, 2004) affirment que celles-ci reflètent les relations organisationnelles, en général, et ont le plus d'impacts sur les résultats de l'entreprise. En plus, il est préférable qu'une recherche-action soit menée auprès de petites unités sociales, ou microsystèmes, plutôt que sur l'ensemble du système (Léger, 1988).…”
Section: La Méthodologieunclassified