1995
DOI: 10.2307/256736
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Competitiveness Through Management of Diversity: Effects on Stock Price Valuation.

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Cited by 326 publications
(156 citation statements)
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References 36 publications
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“…An exception is a study that compared companies with exemplary diversity-management practices to those that had paid legal damages to settle discrimination lawsuits. The results of this study showed that the exemplary firms also performed better as measured by their stock prices (Wright et al, 1995). Overall, however, the search for evidence that directly supports the business-case hypothesis has proved elusive.…”
Section: Historical Context Of the Business-case Perspectivementioning
confidence: 65%
“…An exception is a study that compared companies with exemplary diversity-management practices to those that had paid legal damages to settle discrimination lawsuits. The results of this study showed that the exemplary firms also performed better as measured by their stock prices (Wright et al, 1995). Overall, however, the search for evidence that directly supports the business-case hypothesis has proved elusive.…”
Section: Historical Context Of the Business-case Perspectivementioning
confidence: 65%
“…With this anticipated increase of AAs and other minorities in the job market, organizations will have to understand the factors that contribute to their job satisfaction. Wright, Ferris, Hiller, and Kroll (1995) indicated that organizations that do not understand and consider the job needs of minorities will have fewer applicants to choose from when filling job vacancies. The implication of these researchers' statement is that workers will seek employment from other more accommodating companies.…”
Section: Surgeon General's Report [Ussgr] 2001) the Number Of Peoplmentioning
confidence: 99%
“…Different organisational attributes influence an organisation's attractiveness as an employer. Firms in the USA with positive affirmative action programmes are more able to attract high-quality human resources than firms with discriminatory practices (Wright, Ferris, Hiller and Kroll, 1995), as are those that take a pro-environmental stance (Bauer and Aiman-Smith, 1996;Porter and van der Linde, 1995). Such programmes influence initial applicant-attraction to a firm (Fombrum and Shanley, 1990;Rynes, 1991).…”
Section: Looking Ahead To the Long-termmentioning
confidence: 99%
“…Wright et al (1995), for example, found that financial markets reacted positively to firms with award-winning affirmative action programmes (in US), and negatively to firms with discriminatory practices. Studies like these point towards the converging interests of stakeholders for the harmonisation of work and personal life.…”
Section: Looking Ahead To the Long-termmentioning
confidence: 99%