The Influence of Founder CEO’s Human Capital Resources on the Relationship Between Workforce Gender Diversity and Venture Firm Performance

IF 5.9 1区哲学 Q1 BUSINESS

Journal of Business Ethics Pub Date : 2024-08-17 DOI:10.1007/s10551-024-05791-z

Eun-Ji Oh, Youngsang Kim, Yangxin Wang

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Abstract

Integrating the categorization-elaboration model (CEM), resource complementarity, and human capital perspectives, we investigate whether the founder CEO’s human capital resources can influence the effect of workforce gender diversity, an untapped strategic resource, on venture firm performance. Our main focus lies on knowledge- and technology-intensive venture firms, and we propose that both workforce gender diversity and the CEO’s human capital resources jointly influence venture firm performance. We identify the specific functional impacts of the founder CEO's human capital, encompassing entrepreneurial experience, human resource (HR) management experience, and same-industry experience. Analyzing 1413 venture firms utilizing multilevel analysis (random coefficient modeling), we find that gender diversity does not significantly affect venture firm performance. Nevertheless, the founder CEO’s entrepreneurial experience exerts a positive impact on the interplay between gender diversity and venture firm performance. These findings underscore the strategic role of the founder CEO’s human capital resources in moderating the effects of gender diversity, making significant contributions to the diversity and strategic human capital resource literature.

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创始人首席执行官的人力资本资源对劳动力性别多样性与风险企业绩效之间关系的影响

结合分类-演化模型（CEM）、资源互补性和人力资本视角，我们研究了创始人首席执行官的人力资本资源能否影响劳动力性别多样性这一尚未开发的战略资源对风险企业绩效的影响。我们主要关注知识和技术密集型风险企业，并提出劳动力性别多样性和首席执行官的人力资本资源会共同影响风险企业的绩效。我们确定了创始人首席执行官人力资本的具体功能影响，包括创业经验、人力资源（HR）管理经验和同行业经验。我们利用多层次分析（随机系数建模）对 1413 家风险企业进行了分析，发现性别多样性对风险企业的绩效没有显著影响。然而，创始人首席执行官的创业经验对性别多元化与风险企业绩效之间的相互作用产生了积极影响。这些发现强调了创始人首席执行官的人力资本资源在调节性别多样性影响方面的战略作用，为多样性和战略人力资本资源文献做出了重要贡献。

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来源期刊

Journal of Business Ethics Multiple-

CiteScore

12.80

自引率

9.80%

发文量

265

期刊介绍： The Journal of Business Ethics publishes only original articles from a wide variety of methodological and disciplinary perspectives concerning ethical issues related to business that bring something new or unique to the discourse in their field. Since its initiation in 1980, the editors have encouraged the broadest possible scope. The term `business'' is understood in a wide sense to include all systems involved in the exchange of goods and services, while `ethics'' is circumscribed as all human action aimed at securing a good life. Systems of production, consumption, marketing, advertising, social and economic accounting, labour relations, public relations and organisational behaviour are analysed from a moral viewpoint. The style and level of dialogue involve all who are interested in business ethics - the business community, universities, government agencies and consumer groups. Speculative philosophy as well as reports of empirical research are welcomed. In order to promote a dialogue between the various interested groups as much as possible, papers are presented in a style relatively free of specialist jargon.