The relationship of board member diversity to organizational performance

Wider diversity in board member characteristics has been advocated as a means of improving organizational performance by providing boards with new insights and perspectives. With data from 240 YMCA organizations, a board diversity index was constructed and compared to multiple measures of board memb...

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Bibliographic Details
Main Author: Siciliano, Julie I. (Author)
Format: Electronic Article
Language:English
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Published: Springer 1996
In: Journal of business ethics
Year: 1996, Volume: 15, Issue: 12, Pages: 1313-1320
Further subjects:B Social Performance
B Board Member
B Diversity Index
B Negative Association
B Economic Growth
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Description
Summary:Wider diversity in board member characteristics has been advocated as a means of improving organizational performance by providing boards with new insights and perspectives. With data from 240 YMCA organizations, a board diversity index was constructed and compared to multiple measures of board member diversity. Results revealed higher levels of social performance and fundraising results when board members had greater occupational diversity. Gender diversity compared favorably to the organization's level of social performance but a negative association surfaced for level of funds raised. The diversity in board member age groupings was linked to higher levels of donations.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00411816