2014
DOI: 10.1111/puar.12310
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The Right Mix? Gender Diversity in Top Management Teams and Financial Performance

Abstract: Recent research has illustrated that demographic diversity influences the outcomes of public sector organizations. Most studies have focused on workforce diversity; by comparison, little is known about how managerial diversity affects organizational outcomes. This article focuses on gender diversity in the top management teams of public organizations and its relationship to financial performance. Theory suggests that management diversity can be a positive asset for organizations, allowing for the use of more d… Show more

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Cited by 116 publications
(127 citation statements)
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References 64 publications
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“…Recruitment of ethnic minorities in public workplaces is an important topic as it relates to the creation of diverse, representative work groups. While evidence from the private sector tends to point to detrimental effects of employee diversity (Joshi and Roh ; Williams and O'Reilly ), studies of public workplaces have pointed to more positive effects (Opstrup and Villadsen ; Pitts ). Representative bureaucracy theory, which suggests that public workplaces benefit from being representative of the surrounding society, may explain this difference (Kingsley ).…”
Section: Employment Discrimination In the Public Sectormentioning
confidence: 99%
“…Recruitment of ethnic minorities in public workplaces is an important topic as it relates to the creation of diverse, representative work groups. While evidence from the private sector tends to point to detrimental effects of employee diversity (Joshi and Roh ; Williams and O'Reilly ), studies of public workplaces have pointed to more positive effects (Opstrup and Villadsen ; Pitts ). Representative bureaucracy theory, which suggests that public workplaces benefit from being representative of the surrounding society, may explain this difference (Kingsley ).…”
Section: Employment Discrimination In the Public Sectormentioning
confidence: 99%
“…Much research in the private sector has examined board diversity and the composition of top management teams within organizations (Siciliano ; Walt and Ingley ). Recent research by public and nonprofit management scholars (Brown ; Opstrup and Villadsen 2014) focuses on the relationship between top management team composition and organizational performance. Findings are mixed among positive, negative, and no relationships found between heterogeneity and performance.…”
Section: Linking Governing Board Characteristics To Top Manager Turnovermentioning
confidence: 99%
“…Records excluded based on 2 nd screening of titles and abstracts (n = 250) The most pervasive impetus for diversity is its potential to influence financial outcomes (Opstrup and Villadsen 2015). In theory, it is expected that having a diverse workforce and engaging diverse employee perspectives will result in fresh ideas, learning, and innovations, and ultimately provide a strategic advantage (Richard 2000;Thomas and Ely 1996).…”
Section: Gender Dandi From a Pwo Perspectivementioning
confidence: 99%