Managers' Business School Education and Military Service: Possible Links to Corporate Criminal Activity

Abstract

This study examined the moderating influence of two top management team (TMT) characteristics, namely managers possessing an MBA education or prior military experience, on the relationships between firm size and corporate criminal activity, and firm strategy and corporate criminal activity. The study utilized data from 184 Fortune 500 companies. The results suggest that both graduate business education and prior military service among members of a firm's TMT strengthen the relationship between firm size and corporate criminal activity. Further, the results provide no support for the moderating influence of managers' graduate business education or prior military experience on the relationships between firm strategy and corporate criminal activity.

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