Abstract

This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study’s results suggest that some top management characteristics have positive influence on the performance of banks, while others either negative or neutral. It was proven that percentage of Ph.D. holders in TMT and heterogeneity of functional expertise positively influence financial results of banks. In addition, CEO duality and gender heterogeneity have a negative effect on financial results of banks in Russia. Other TMT characteristics have no influence on banks performance (ROA, ROE and ROI).

摘要

本文探讨了高层管理团队（TMT）特征对俄罗斯银行绩效的影响。实证研究基于 178 家银行的一手和二手数据。该研究有助于推进高层理论的研究。研究结果表明，一些高层管理人员的特征对银行的绩效有积极的影响，而另一些则是消极的或中性的。事实证明，博士的百分比。TMT 持有者和职能专业知识的异质性对银行的财务业绩产生积极影响。此外，CEO二元性和性别异质性对俄罗斯银行的财务业绩有负面影响。其他 TMT 特征对银行绩效（ROA、ROE 和 ROI）没有影响。