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The diversity of top management teams is a topic of increasing scholarly and practical interest. lt is argued that globalisation requires international operating firms to staff their management teams with international and diverse members. We investigate the influence of institutional environments on gender and internationality diversity in boards to shed light on the question "Why do top management teams look the way they do?" Our sample includes top management team members of the largest stock listed firms in Ge1many and Poland. The sample consists of 60 firms and 852 individuals from 2019. Our findings suggest that the presence of non-natives and women on corporate boards and the international orientation of board members, in terms of education, work experience and directorships, are attributable to national institutional systems. While Germany · s top managers are becoming increasingly internationally diverse and have increasing gender diversification, the figures for Poland are also increasing, but on a much smaller scale. We argue that country-level institutions play an important role in shaping the diversity of corporate boards. Future research should place more emphasis on the external national environment when investigating board diversity.
With the ongoing globalization and changes in the economic environment, organizations need to be flexible and adaptable towards new situations and opportunities. In a context where firms strategically reach across national borders, firms are encountering differing cultural backgrounds. Multinational corporations (MNCs) are confronted with the question of how to fill executive positions. The need for employees with international expertise arises to reap the advantage of nationality diversity by matching the complexity of the global environment with the right level of board capital. Such firm managers must work in increasingly international contexts and cross-cultural environments. Scholars have regarded diversity as an essential element that helps organizations and their executives to deal with uncertainties arising from globalization. (Koles 2014). The top executives of an organization are regarded as an essential criterion for firm´s success. Top managers have considerable influence over the fate of the organizations they lead. These trends have led to increasing instability in classic employment relationships and show greater diversity and mobility within organizational and occupational boundaries (Dokko/Wilk/Rothbard 2009; Greenhaus/Callanan 2012; Biemann/Zacher/Feldman 2012; Koch et al. 2017). This dissertation further aims at advancing our empirical understanding of top managers diversity, internationalisation and their careers. The three research manuscripts that form the core of this thesis advance research on top managers in several ways and extend knowledge in the area of executive characteristics. All three manuscripts are anchored in the European context and address topics that are relevant yet underexplored in extant, mostly centred in the US and Western economies top management literature (Tosi/Greckhamer 2004; Carter et al. 2009; Boyd et al. 2012; Dauth 2012).