Paperback Edition
Paperback
75 pages
$19.95
Choose vendor to order paperback edition
BrownWalker Press Amazon.com Barnes & Noble Harvard Book Store Return policy
PDF eBook
Sample Preview
Size 498k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
683k
$17
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions

Top Management Teams and Total Shareholder Returns

The Association Between Top Management Team Education

by Emmanuel Kintu
small book icon  Paperback   small ebook icon   eBook PDF
Publisher:  Dissertation
Pub date:  2002
Pages:  75
ISBN-10:  1581121539
ISBN-13:  9781581121537
Categories:  Business  Business & Economics  Business & Economics

Abstract

This study examined the relationship between the education heterogeneity of top management teams and organizational performance measured as long-term total shareholder returns. The subjects were 46 publicly traded North American insurance companies that had been traded for at least five years. I employed two metrics to measure education heterogeneity. One metric assessed the education heterogeneity of top management teams based on the highest education certification and the other metric assessed education heterogeneity of the teams based on all education certifications, and therefore the underlying disciplines, represented on the top management teams.

Controlling for team size, I found that individually the education heterogeneity metrics are poor predictors of organizational performance. The metric based on the highest education certification found no support as a predictor of organizational performance while the metric based on all education certifications found moderate support. However, in the full model, when used together the two metrics constituted a good predictor of organization performance.

A second finding was that in the publicly traded North American insurance companies, including a combination of actuarial certification and the Master of Business Administration degree on the top management team results in superior organizational performance as measured by long-term total shareholder returns.

The results suggest that all education certifications, not just the highest education certification, each top manager brings to the top team should be considered when assessing the education heterogeneity of a top management team. The results also suggest that before a top management team is assembled, the critical education requirements of the industry should be established and inclusion on the top team ought to be based on how each selected top managerÍs education certification(s) enables the team to deliver superior long-term performance.

About the Author

Emmanuel Kintu is an insurance executive with 11 years of experience in the industry. He is currently the vice president of Reinsurance Group of America Incorporated (RGA) responsible for coordinating the integration of front and back office efforts to ensure that RGA’s clients are served effectively and profitably. He also advises RGA’s clients regarding reinsurance administration. Prior to his current position, Emmanuel was responsible for reinsurance administration. He transferred to RGA, in 1996, from General American’s Group Line where he directed the Preferred Accounts Group Life and Health benefits department. Prior to that, he directed the General American’s Los Angeles (California) Regional Claims office where he pioneered the Customer Focused Team approach to serving large multi-site clients.

Emmanuel served on General American Life Insurance’s Managing Diversity Taskforce for eight year and chaired the steering committee for four of the eight years. He helped found the Civic Progress Companies Diversity Officers Network. He serves on the board of the St. Louis Black Repertory Company, and Co-chairs FOCUS St. Louis’s Bridges Across Racial Lines program. Emmanuel is also a founding member of the Life Office Management Association, Inc (LOMA) Reinsurance Administration Professional’s Committee.

A graduate of the 1998-1999 Leadership St. Louis program, Emmanuel earned a Doctor of Management degree from Webster University, a Master of Business Administration degree from Saint Louis University, and a Bachelor of Arts degree in Political Science and Public Administration from Makerere University. He is a Health Insurance Associate and a certified Development Dimensions International Instructor.



Paperback Edition
Paperback
75 pages
$19.95
Choose vendor to order paperback edition
BrownWalker Press Amazon.com Barnes & Noble Harvard Book Store Return policy
PDF eBook
Sample Preview
Size 498k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
683k
$17
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions
Share this book



Relevant events
MAR
27
NexGen Finance Transformation Summit Germany Join us at the NexGen Finance Transformation Summit Germany event on 27th March 2025, at the ...
27 - 27 Mar 2025
Berlin, Germany
APR
15
WBLCONF2025
World Business Leaders Conference Elevate your leadership at the World Business Leaders Conference, the essential gathering for...
15 - 17 Apr 2025
Riyadh, Saudi Arabia
JUL
25
OMEACONF 2025
13th International Conference on Opportunities and Challenges in Management, Economics and Accounting 13th International Conference on Opportunities and Challenges in Management, Economics, and A...
25 - 27 Jul 2025
Dublin, Ireland
AUG
22
IARMEA
10th International Conference on Applied Research in Management, Economics, and Accounting The 10th International Conference on Applied Research in Management, Economics, and Accountin...
22 - 24 Aug 2025
Oxford, United Kingdom
FEB
14
ISCBI 2025
2025 7th International Symposium on Computational and Business Intelligence (ISCBI 2025) All the accepted papers, after registration and presentation, will be published in the IEEE X...
14 - 16 Feb 2025
Macau, China
FEB
21
IMEACONF 2025
The 14th International Conference on New Ideas in Management, Economics and Accounting (IMEACONF) IMEACONF has hosted participants from diverse countries worldwide. This event brings together...
21 - 23 Feb 2025
Milan, Italy
FEB
26
ICBML
2nd International Conference on Business, Management and Leadership Conference Overview: The 2nd International Conference on Business, Management, and Leadership...
26 - 28 Feb 2025
London, United Kingdom
MAR
7
ICABME
9th International Conference on Advanced Research in Business, Management and Economics Want to learn all about the newest advancements and tools for research in the world of busine...
07 - 09 Mar 2025
Vienna, Austria
MAR
14
8TH BMECONF
8th International Conference on Applied Research in Business, Management, and Economics We are pleased to announce the International Conference on Applied Research in Business, Ma...
14 - 16 Mar 2025
Berlin, Germany
MAR
21
WORLDMBE 2025
The 7th World Conference on Management, Business and Economics (WORLDMBE) Join us from March 21-23, 2025, in Prague, Czech Republic, for the 7th World Conference on Ma...
21 - 23 Mar 2025
Prague, Czech Republic