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The impact of racial diversity on intermediate and long-term performance: the moderating role of environmental context

Richard, Orlando C. - ; Murthi, B. P. S. - ; Ismail, Kiran - ;

We conduct a firm-level, 6-year longitudinal analysis on the impact that racial diversity in human resources has on financial performance. When considering short-term performance outcomes, we predict a curvilinear relationship between diversity and performance (i.e., firm productivity). Although we find evidence of a U-shaped relationship between racial diversity and productivity, the relationship is stronger in service-oriented relative to manufacturing-oriented industries and in more stable vs. volatile environments. For longer-term profitability, we propose and find support for more of a positive linear relationship between diversity and performance (i.e., Tobin's q) than a nonlinear one. This linear effect is stronger and more positive in munificent compared to resource-scare environments. Thus, we aid in reconciling existing, often contradictory, studies by demonstrating the potential short-term vs. long-term impact of racial diversity on performance. We offer implications for future research on diversity considering the current and projected demographic landscape..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: John Wiley & Sons
Edisi-
SubjekProductivity
Financial performance
Profitability
Correlation analysis
Impact analysis
studies
Workplace diversity
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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