LI, Weining; ZHANG, Sen; ZHANG, Jing - In: Journal for Economic Forecasting (2015) 1, pp. 129-142
This empirical study uses a panel smooth transition regression (PSTR) model to investigate the nonlinear relationship between top management team (TMT) heterogeneity and corporate performance based on a sample of 117 publicly traded companies in China from 2000-2012. The results show that there...