TY - JOUR AB - Purpose The purpose of this paper is to investigate what role national top management team diversity (TMTD) plays in foreign-owned subsidiary performance. The authors develop a conceptual framework based on the asset bundling model and the neo-configurational perspective to argue that the impact of TMTD on subsidiary performance depends on its conjunction with other assets.Design/methodology/approach The authors test our framework on a sample of subsidiaries located in the emerging economies of Thailand and Taiwan. The authors utilise structural equation modelling and fuzzy set qualitative comparative analysis techniques.Findings The results indicate that TMTD can contribute and hurt subsidiary performance depending on its bundling with other assets such as organisational network strength, competencies, as well as regional and cultural differences between the home and host country.Originality/value This is one of the first studies to empirically test the asset bundling model in the context of national TMTD in foreign-owned subsidiaries using a configurational approach. VL - 48 IS - 6 SN - 0048-3486 DO - 10.1108/PR-10-2018-0389 UR - https://doi.org/10.1108/PR-10-2018-0389 AU - Dahms Sven AU - Kingkaew Suthikorn PY - 2019 Y1 - 2019/01/01 TI - A configurational perspective on subsidiary top management team national diversity and performance T2 - Personnel Review PB - Emerald Publishing Limited SP - 1507 EP - 1529 Y2 - 2024/04/25 ER -