Colleges & universities in China must realize their sustainable development with their strategic management teams against the back- ground of rapid changes in our society.

Influence of Enterprise Top Management Team(TMT) Characteristic on Strategic Decision;

This paper studies the impact of characteristics of top management team(TMT) on enterprise performance with the multi-statistics regression model and empirically examines the theoretical analysis results based on the sample of Chinese listed companies before 2003.

In this paper,we examines the relationships between top management team(TMT)characteristics(educational level,tenure,age,international experience and functional background) and firm international diversification.

The Negative Effects of the Frequent Turnover of Top Management Team on the Company--the Case Study of ST XiaoYa Group;

Top Management Team Coordination Needs,Compensation Dispersion and Firm Performance:A Perspective of Tournament Theory;

A study on cultural impact upon top management team of joint ventures;

Analysis of TMT Decision Making Process and Decision Failure Risks;

Effects of Authority Type and Decision Procedure on TMT Decision-Making Outcome:A Laboratory Experiment;

Based on the discussion of TMT demographic researches, the authors of this article use the diversity of risk preference as inde- pendent variable due to the uncertainty and high risk of strategic in- vestment decision,and select MBA students to simulate TMT in the experiment research to discuss an investmen.