TOP MANAGEMENT TEAM STRATEGIC CONSENSUS, DEMOGRAPHIC HOMOGENEITY AND FIRM PERFORMANCE - A REPORT OF RESOUNDING NONFINDINGS

In this study, we hypothesized that relationships among top managers' goals consensus, means consensus, demographic homogeneity and firm per formance would be positive and stronger in a stable industry environme nt than in a dynamic one. Utilizing a more rigorous methodology, the s ignificant findings of earlier studies could not be replicated. Althou gh the questions remain interesting and important ones, we believe pur suing this line of inquiry further will yield results inconsistent at best and fruitless at worst. Therefore, we urge future researchers to cautiously tread the perilous methodologic minefield that led to our n onfindings.