Research on Conflict Behavior of Top Management Team in Family Enterprises: A Complex Network Perspective
Table 3
Comparative analyses on TMT attributes of and enterprises.
Corporate governance structure
Relatively perfect and consists of the board of directors and supervisory board
Relatively lack of corporate governance, the board exists in name only, CEO also functions as president and general manager
Educational background
Internal consultant is a professional and well-known expert; assistant general manager, finance director, and marketing manager all obtained bachelor degree; and the educational background of other members in TMT is college or below
Assistant president and mobile department director all obtained bachelor degree; others’ degree is college or below
Age range
They are all over 35 years old and less than 57; the average age is 44.2
They are all over 39 years old and less than 63; the average age is 48.1
Professional backgrounds
CEO majors in telecommunication specialty; financial director majors in accounting; professional managers all major in related specialty, and others have no relevant professional background
Finance director has previous related financial career background; professional managers have previous related career background; other executives in TMT have no relevant professional background
Presidency
Their terms are all long which are usually longer than 7 years; the active turnover of company veteran is low, especially core executives worked in the finance and sales department
Their terms are all short which are not longer than 5 years; the active turnover of company veteran and professional manager is high; for example, finance department manager and sales manager changed frequently