Details

Autor(en) / Beteiligte

• Liu, Xiaochuan
• Wang, P.
• Yin, M.
• Kuang, T.

Titel

A Literature Review of Upper Echelons Theory

Ist Teil von

• SHS Web of Conferences, 2023, Vol.169, p.1067

Ort / Verlag

Les Ulis: EDP Sciences

Erscheinungsjahr

2023

Quelle

EZB Electronic Journals Library

Beschreibungen/Notizen

• In this paper, I review the literatures about Upper Echelons Theory. Specifically, I focus on the related theories, including agency theory, five-factor model, cognitive theory, and heterogeneity theory, and so on; and the economic influences of Upper Echelons Theory, including the corporate top management (team) and administrative officials. Prior studies show that corporate top management (team) characteristics has effect on corporate governance, information disclosure and tax avoidance, etc. Moreover, background such as education degree and major of administrative officials have significant effect on governance efficiency, and local firm decisions. Overall, this paper contributes to the further exploration of top management team.