Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence

In this paper, we seek to answer two questions: (1) what does boardroom diversity stand for in the strategic management literature? And, (2) is there a significant relationship between boardroom diversity and corporate social performance. We first clarify the boardroom diversity concept, distinguish...

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Détails bibliographiques
Auteur principal: Hafsi, Taïeb (Auteur)
Collaborateurs: Turgut, Gokhan
Type de support: Électronique Article
Langue:Anglais
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Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Publié: 2013
Dans: Journal of business ethics
Année: 2013, Volume: 112, Numéro: 3, Pages: 463-479
Sujets non-standardisés:B Boardroom diversity
B KLD
B Gender diversity
B racial diversity
B Corporate Social Performance
B Responsabilité sociale de l'entreprise
B Board of directors
Accès en ligne: Volltext (JSTOR)
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Description
Résumé:In this paper, we seek to answer two questions: (1) what does boardroom diversity stand for in the strategic management literature? And, (2) is there a significant relationship between boardroom diversity and corporate social performance. We first clarify the boardroom diversity concept, distinguishing between a structural diversity of boards and a demographic diversity in boards, and then we investigate its possible linkage to social performance in a sample of S&P500 firms. We find a significant relationship between diversity in boards and social performance. This relationship is moderated by diversity of boards. Our results also reveal the effects of the specific variables that make up the diversity of boards and diversity in boards constructs. In particular, gender, and age have a significant effect on corporate social performance. Some important measurement issues are raised and discussed.
ISSN:1573-0697
Contient:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-012-1272-z