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
OCT
3
GLOBALCME
2nd Global Conference on Management and Economics The 2nd Global Conference on Management and Economics (GLOBALCME) will take place on 03-05 October 2025 in Milan, Italy. A city steeped in history, Milan offers attendees a unique setting that inspires both intellectual an...
2nd Global Conference on Management and Economics The 2nd Global Conference on Management and Economics (GLOBALCME) will take place on 03-05 October 2025 in Milan, Italy. A city steeped in history,...
2nd Global Conference on Management and Economics The 2nd Global Conference on Management and Economics (GLOBALCME) will ta...
2nd Global Conference on Management and Economics The 2nd Global Conference on Management and Econ...
03 - 05 Oct 2025
Milan, Italy
OCT
15
NexGen Banking Summit 15th - 16th, October, 2025 Join us on October 15th-16th, 2025, at the Hilton Hotel in London for the first-ever summit focused on how Generative AI is changing banking! With 78% of banks already using or planning to use this technology, it’s clear t...
NexGen Banking Summit 15th - 16th, October, 2025 Join us on October 15th-16th, 2025, at the Hilton Hotel in London for the first-ever summit focused on how Generative AI is changing banking! With ...
NexGen Banking Summit 15th - 16th, October, 2025 Join us on October 15th-16th, 2025, at the Hilton Hotel in London for the...
NexGen Banking Summit 15th - 16th, October, 2025 Join us on October 15th-16th, 2025, at the Hilto...
15 - 16 Oct 2025
London, United Kingdom
OCT
17
WORLDMBE
8th World Conference on Management, Business and Economics (WORLDMBE) Join Us at WORLDMBE 2025! 8th World Conference on Management, Business and Economics 📍 Lyon, France | 📅 October 19–21, 2025 Immerse yourself in innovation and discovery at WORLDMBE 2025—a leading international confe...
8th World Conference on Management, Business and Economics (WORLDMBE) Join Us at WORLDMBE 2025! 8th World Conference on Management, Business and Economics 📍 Lyon, France | 📅 October 19–21, 2025 Immerse yourself...
8th World Conference on Management, Business and Economics (WORLDMBE) Join Us at WORLDMBE 2025! 8th World Conference on Management, Business a...
8th World Conference on Management, Business and Economics (WORLDMBE) Join Us at WORLDMBE 2025! 8th World Conference ...
17 - 19 Oct 2025
Lyon, France
OCT
24
CEBMM 2025
2025 14th International Conference on Economics, Business and Marketing Management (CEBMM 2025) Publication: The excellent accepted and registered full papers of CEBMM 2025 will be recommended to be published into Journal of Advanced Management Science or International Journal of Trade, Economics and Finance. Jou...
2025 14th International Conference on Economics, Business and Marketing Management (CEBMM 2025) Publication: The excellent accepted and registered full papers of CEBMM 2025 will be recommended to be published into Journal of Advanced Manageme...
2025 14th International Conference on Economics, Business and Marketing Management (CEBMM 2025) Publication: The excellent accepted and registered full papers of CEBMM ...
24 - 26 Oct 2025
Singapore, Singapore
OCT
24
ICEBA 2025
2025 11th International Conference on E-Business and Applications (ICEBA 2025) Paper Publishing and Indexing: Submitted papers must be original and contain work that has not been published before or is under review elsewhere. Accepted papers will be published in the ICEBA 2025 Conference proceeding...
2025 11th International Conference on E-Business and Applications (ICEBA 2025) Paper Publishing and Indexing: Submitted papers must be original and contain work that has not been published before or is under review elsewhere...
2025 11th International Conference on E-Business and Applications (ICEBA 2025) Paper Publishing and Indexing: Submitted papers must be original and co...
2025 11th International Conference on E-Business and Applications (ICEBA 2025) Paper Publishing and Indexing: Submitted paper...
24 - 26 Oct 2025
Singapore, Singapore
OCT
24
ICABME
10th International Conference on Advanced Research in Business, Management and Economics 10th International Conference on Advanced Research in Business, Management, and Economics Dates: 24 – 26 October 2025 Location: Geneva, Switzerland Venue: Domaine Barton, Geneva Graduate Institute, Villa Barton We a...
10th International Conference on Advanced Research in Business, Management and Economics 10th International Conference on Advanced Research in Business, Management, and Economics Dates: 24 – 26 October 2025 Location: Geneva, Switzerla...
10th International Conference on Advanced Research in Business, Management and Economics 10th International Conference on Advanced Research in Business, Managemen...
24 - 26 Oct 2025
Geneva, Switzerland
OCT
24
2025 Int'l Conference on Innovation in Management (ICIM 2025) 2025 Int'l Conference on Innovation in Management (ICIM 2025) Oct. 24-26, 2025 Xiamen, China Website:https://www.academicx.org/ICIM/2025/ Website:Oct. 24-26, 2025 Date:Xiamen, China Email:contact10@academicx.org ...
2025 Int'l Conference on Innovation in Management (ICIM 2025) 2025 Int'l Conference on Innovation in Management (ICIM 2025) Oct. 24-26, 2025 Xiamen, China Website:https://www.academicx.org/ICIM/2025/ W...
2025 Int'l Conference on Innovation in Management (ICIM 2025) 2025 Int'l Conference on Innovation in Management (ICIM 2025) Oct. 24-2...
2025 Int'l Conference on Innovation in Management (ICIM 2025) 2025 Int'l Conference on Innovation in Managemen...
24 - 26 Oct 2025
Xiamen, China, China
OCT
24
The 15th Int'l Conference on Management and Service Science(MASS 2025) The 15th Int'l Conference on Management and Service Science (MASS 2025) Oct. 24-26, 2025 Xiamen, China Website:https://www.academicx.org/MASS/2025/ Website:Oct. 24-26, 2025 Date:Xiamen, China Email:contact10@acad...
The 15th Int'l Conference on Management and Service Science(MASS 2025) The 15th Int'l Conference on Management and Service Science (MASS 2025) Oct. 24-26, 2025 Xiamen, China Website:https://www.academicx.org/MAS...
The 15th Int'l Conference on Management and Service Science(MASS 2025) The 15th Int'l Conference on Management and Service Science (MASS 2025) ...
The 15th Int'l Conference on Management and Service Science(MASS 2025) The 15th Int'l Conference on Management and Serv...
24 - 26 Oct 2025
Xiamen, China, China
OCT
24
ICBML
3rd International Conference on Business, Management and Leadership (ICBML) Join the 3rd International Conference on Business, Management and Leadership – Oxford, UK | 24–24 October 2025 Be part of an internationally renowned gathering that brings together top minds in management—including rese...
3rd International Conference on Business, Management and Leadership (ICBML) Join the 3rd International Conference on Business, Management and Leadership – Oxford, UK | 24–24 October 2025 Be part of an internationally ren...
3rd International Conference on Business, Management and Leadership (ICBML) Join the 3rd International Conference on Business, Management and Leaders...
3rd International Conference on Business, Management and Leadership (ICBML) Join the 3rd International Conference on Busines...
24 - 26 Oct 2025
Oxford, United Kingdom
OCT
27
9th Edition of Nursing World Conference Prepare to ignite your passion for nursing at the 9th Edition of the Nursing World Conference (NWC 2025) from October 27-29, 2025, in Orlando, Florida, USA! This year, we’re elevating your Nursing World Conference 2025 exp...
9th Edition of Nursing World Conference Prepare to ignite your passion for nursing at the 9th Edition of the Nursing World Conference (NWC 2025) from October 27-29, 2025, in Orlando, Flor...
9th Edition of Nursing World Conference Prepare to ignite your passion for nursing at the 9th Edition of the Nurs...
9th Edition of Nursing World Conference Prepare to ignite your passion for nursing at th...
27 - 29 Oct 2025
Orlando, United States