Title: The relationship between management team (TMT) metacognition, entrepreneurial orientations and small and medium enterprises (SMEs) firm performance
Authors: Jo Rhodes; Vincent Cheng; Zahra Sadeghinejad; Peter Lok
Addresses: Macquarie Graduate School of management (MGSM), Macquarie University, Ryde, NSW 2112, Australia ' Faculty of Hospitality and Tourism Management, Macau University of Science & Technology, Av. Wai Long, Macau ' International College of Management Sydney, Manly, Sydney, Australia ' Sydney University Business School, ITLS, University of Sydney, NSW 2006, Australia
Abstract: This study examines the impact of top management team (TMT) metacognition on entrepreneurial orientation and firm performance. The result revealed that the mediation effect of 'managing risk' in TMT entrepreneurial orientation has a negative impact on SMEs performance. Hence, TMT in SMEs should focus their strategic decisions on innovativeness and proactiveness rather than high risk projects to remain competitive. Furthermore, the findings further supported that effective behavioural integration of TMT could significantly influence the outcome of TMT metacognition and entrepreneurial orientation. 1500 SMEs were surveyed in this study.
Keywords: TMT; top management team; metacognition; entrepreneurial orientation; behavioural integration; SME performance.
International Journal of Management Practice, 2018 Vol.11 No.2, pp.111 - 140
Received: 28 Oct 2016
Accepted: 06 Aug 2017
Published online: 18 Jan 2018 *