The impact of racial and gender diversity in management on financial performance: how participative strategy making features can unleash a diversity advantage

The impact of racial and gender diversity in management on financial performance: how participative strategy making features can unleash a diversity advantage
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管理中种族和性别多样性对财务绩效的影响:参与性战略制定特征如何释放多样性优势

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发表时间:
2013
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通讯作者:
Ken Chadwick
Ken Chadwick
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作者:
O. Richard;S. L. Kirby;Ken Chadwick

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管理层中的种族和性别多样性如何影响底线?我们的研究结果表明,参与式战略制定(PSM)正向调节了管理中种族和性别多样性与以资产回报率衡量的企业绩效之间的关系。具体地说,PSM强化了管理中的种族多样性与公司业绩之间存在的正向关系。虽然没有观察到性别多样性对管理绩效的主要影响,但我们的结果表明,当PSM较高时,管理性别多样性与绩效正相关。然而,我们发现,当PSM较低时,管理中的性别多样性与绩效负相关,而性别同质性管理具有更好的绩效。我们为多样性研究提供了一些启示,让他们接受并考虑PSM和“包容性”的作用。
How does racial and gender diversity in the management ranks affect the bottom line? Our findings indicate that participative strategy making (PSM) positively moderates the relationship between both racial and gender diversity in management and firm performance measured as return on assets. Specifically, PSM strengthens the positive relationship that exists between racial diversity in management and firm performance. Although no main effect is observed for gender diversity in management, our results reveal that gender diversity in management is positively related to performance when PSM is high. However, we find that gender diversity in management is negatively related to performance when PSM is low, while gender homogeneous management experience superior performance. We offer implications for diversity research to embrace and consider the role of PSM and ‘inclusiveness’.