| Issue |
SHS Web Conf.
Volume 169, 2023
4th International Symposium on Frontiers of Economics and Management Science (FEMS 2023)
|
|
|---|---|---|
| Article Number | 01067 | |
| Number of page(s) | 5 | |
| DOI | https://doi.org/10.1051/shsconf/202316901067 | |
| Published online | 29 May 2023 | |
A Literature Review of Upper Echelons Theory
Hunan Vocational College of Art 410100, China
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.
Key words: Upper Echelons Theory / top management team / economic consequences / administrative officials
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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