Value creation through executive diversity

Q2 Social Sciences
Dana L. Haggard, K. S. Haggard
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引用次数: 2

Abstract

We examined stock market reactions to announcements of CEO appointments as a proxy for the perceived value created by these appointments. We examined differences in market reactions to the appointments of minority and women CEOs compared to white males. Our results indicate additional value creation through the appointment of African- American CEOs, but not through the appointment of female or Hispanic CEOs. We provide a potential explanation for this differential valuation of differing types of diversity.
通过高管多元化创造价值
我们研究了股票市场对首席执行官任命公告的反应,以此来衡量这些任命所创造的感知价值。我们研究了市场对少数族裔和女性CEO任命的反应与白人男性相比的差异。我们的研究结果表明,通过任命非裔美国首席执行官,而不是通过任命女性或西班牙裔首席执行官来创造额外的价值。我们为不同类型多样性的差异估值提供了一个潜在的解释。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
International Journal of Organization Theory and Behavior
International Journal of Organization Theory and Behavior Social Sciences-Public Administration
CiteScore
3.20
自引率
0.00%
发文量
11
期刊介绍: The International Journal of Organization Theory and Behavior brings together researchers and practitioners, both within and outside the United States, who are in the areas of organization theory, management, development, and behavior. This journal covers all private, public and not-for-profit organizations’ theories and behavior.
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