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Impact of Gender Diversity on the Performance of the Companies

Author

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  • Dr. Neelu Tiwari

    (Assistant Professor, Jaipuria Institute of Management, Ghaziabad (UP))

  • Sneha

    (Jaipuria Institute of Management, Ghaziabad (UP))

Abstract

Workforce gender diversity is increasing in countries all over the world (International Labour Office, 2007). For example, women’s representation in the United States civilian labor force has increased from 29.4 percent in 1950 (U.S. Census Bureau, 1970) to 46.3 percent in 2006 (U.S. Bureau of Labor Statistics, 2007). Similarly, women’s representation in the Australian labor force has increased from 22.9 percent in 1954 (Commonwealth Bureau of Census and Statistics, 1958) to 46.1 percent in 2006 (Australian Bureau of Statistics, 2006). The Labor force; female (percent of total labor force) in India was last reported at 25.33 in 2010, according to a World Bank report published in 2012. With globalisation and increased competitiveness, gender diversity is now a global voice, not a male voice . A strong emphasis is nowadays being placed on diversity related issues in workplace. Diversity in workplace can be due to various reasons like difference in gender, race, age, national origin etc. But the area of larger concern nowadays is Gender Diversity.This research paper addresses one key question: does gender diversity within corporate management improve performance? As an answer to this question, The Quantitative Research conducted, supports the argument that organizational gender diversity is positively linked to an organization’s performance. The study’s results found a positive relationship between organizational gender diversity and performance when performance was operationalized in terms of profit.

Suggested Citation

  • Dr. Neelu Tiwari & Sneha, 2013. "Impact of Gender Diversity on the Performance of the Companies," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 8(12), pages 28-34, AprilOcto.
    • Handle: RePEc:jct:journl:v:8:y:2013:i:12:p:28-34
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    References listed on IDEAS

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    1. Dwyer, Sean & Richard, Orlando C. & Chadwick, Ken, 2003. "Gender diversity in management and firm performance: the influence of growth orientation and organizational culture," Journal of Business Research, Elsevier, vol. 56(12), pages 1009-1019, December.
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    Cited by:

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    2. Hasan, Mostafa Monzur & Cheung, Adrian (Wai Kong) & Marwick, Trevor, 2022. "Corporate sexual orientation equality policies and the cost of equity capital," Journal of Behavioral and Experimental Finance, Elsevier, vol. 34(C).
    3. Kyaw, Khine & Chindasombatcharoen, Pongsapak & Jiraporn, Pornsit & Treepongkaruna, Sirimon, 2021. "Do co-opted boards strategically choose LGBT-supportive policies?," International Review of Financial Analysis, Elsevier, vol. 73(C).
    4. Shiu-Yik Au & Ming Dong & Andréanne Tremblay, 2024. "How Much Does Workplace Sexual Harassment Hurt Firm Value?," Journal of Business Ethics, Springer, vol. 190(4), pages 861-883, April.
    5. Jessie Y. Zhu & Wally Smieliauskas, 2022. "Evidence on the Economic Consequences of Marriage Equality and LGBT Human Rights," Journal of Business Ethics, Springer, vol. 178(1), pages 57-70, June.
    6. Raffaele Conti & Olenka Kacperczyk & Giovanni Valentini, 2022. "Institutional protection of minority employees and entrepreneurship: Evidence from the LGBT Employment Non‐Discrimination Acts," Strategic Management Journal, Wiley Blackwell, vol. 43(4), pages 758-791, April.
    7. Li, Jianwen & Zhang, Bo & Jiang, Mingming & Hu, Jinyan, 2023. "Homophilous intensity in the online lending market: Bidding behavior and economic effects," Journal of Banking & Finance, Elsevier, vol. 152(C).
    8. Nuttavuth Nundhapana & Chiraphol N. Chiyachantana & David K. Ding & Sirimon Treepongkaruna, 2024. "Social network centrality and the corporate environment: The case of sexual diversity policies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4085-4100, September.
    9. Patrizia Pastore & Silvia Tommaso & Antonio Ricciardi, 2017. "The Market Reaction to the Appointment of Women on Corporate Boards: Evidence from the Italian Listed Companies," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(12), pages 1-64, November.
    10. Kristina Reineke & Holger Steinmetz & Rodrigo Isidor & Rüdiger Kabst, 2020. "Women on Top Management Teams and Firm Performance in German Medium-Sized Enterprises: The Moderating Role of Recruiting Source," Working Papers Dissertations 60, Paderborn University, Faculty of Business Administration and Economics.
    11. Ayed, Sabrine & Waxin, Timothée, 2023. "LGBT discrimination and harassment, firm value, and reputation repair," International Review of Financial Analysis, Elsevier, vol. 90(C).

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    More about this item

    Keywords

    Culture; Male centric corporate culture; Ethnocentric view; Similarity Attraction Paradigm.;
    All these keywords.

    JEL classification:

    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • Z0 - Other Special Topics - - General

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