Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model

Goce Andrevski; Orlando C. Richard; Walter J. Ferrier; Jason DeFrance Shaw

Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model

Goce Andrevski
, Orlando C. Richard
, Walter J. Ferrier
, Jason DeFrance Shaw

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

5 Citations (Scopus)

Abstract

We develop a moderated mediation theory of the relationship between managerial racial diversity and firm performance. Invoking the awareness-motivation-capability (AMC) perspective, we argue that managerial racial diversity relates to firm performance indirectly through its effect on competitive aggressiveness, but that external and internal contingencies moderate this indirect effect. We find that firms with racially diverse management in munificent environments are more able to develop and introduce new competitive actions and thus gain market share and profits. Contrary to our contingency predictions, diversity training was most beneficial for firms with low racial diversity rather than high racial diversity. We tested our model on a pooled time series sample consisting of 115 Fortune 1000 firms that initiated 20,618 actions over a three- year period. Implications for future research and practice are elaborated.

Original language	English
Title of host publication	Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010
Publication status	Published - 1 Dec 2010
Externally published	Yes
Event	70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010 - Montreal, QC, Canada Duration: 6 Aug 2010 → 10 Aug 2010

Conference

Conference	70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010
Country/Territory	Canada
City	Montreal, QC
Period	6/08/10 → 10/08/10

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Competitive dynamics
Diversity management
Organizational demography

ASJC Scopus subject areas

Management of Technology and Innovation
Industrial relations

Cite this

@inproceedings{5620666a1a274d6790a17b2cf323d406,

title = "Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model",

abstract = "We develop a moderated mediation theory of the relationship between managerial racial diversity and firm performance. Invoking the awareness-motivation-capability (AMC) perspective, we argue that managerial racial diversity relates to firm performance indirectly through its effect on competitive aggressiveness, but that external and internal contingencies moderate this indirect effect. We find that firms with racially diverse management in munificent environments are more able to develop and introduce new competitive actions and thus gain market share and profits. Contrary to our contingency predictions, diversity training was most beneficial for firms with low racial diversity rather than high racial diversity. We tested our model on a pooled time series sample consisting of 115 Fortune 1000 firms that initiated 20,618 actions over a three- year period. Implications for future research and practice are elaborated.",

keywords = "Competitive dynamics, Diversity management, Organizational demography",

author = "Goce Andrevski and Richard, \{Orlando C.\} and Ferrier, \{Walter J.\} and Shaw, \{Jason DeFrance\}",

year = "2010",

month = dec,

day = "1",

language = "English",

booktitle = "Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010",

note = "70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010 ; Conference date: 06-08-2010 Through 10-08-2010",

}

Andrevski, G, Richard, OC, Ferrier, WJ & Shaw, JD 2010, Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model. in Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010. 70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010, Montreal, QC, Canada, 6/08/10.

Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model. / Andrevski, Goce; Richard, Orlando C.; Ferrier, Walter J. et al.
Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010. 2010.

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

TY - GEN

T1 - Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model

AU - Andrevski, Goce

AU - Richard, Orlando C.

AU - Ferrier, Walter J.

AU - Shaw, Jason DeFrance

PY - 2010/12/1

Y1 - 2010/12/1

N2 - We develop a moderated mediation theory of the relationship between managerial racial diversity and firm performance. Invoking the awareness-motivation-capability (AMC) perspective, we argue that managerial racial diversity relates to firm performance indirectly through its effect on competitive aggressiveness, but that external and internal contingencies moderate this indirect effect. We find that firms with racially diverse management in munificent environments are more able to develop and introduce new competitive actions and thus gain market share and profits. Contrary to our contingency predictions, diversity training was most beneficial for firms with low racial diversity rather than high racial diversity. We tested our model on a pooled time series sample consisting of 115 Fortune 1000 firms that initiated 20,618 actions over a three- year period. Implications for future research and practice are elaborated.

AB - We develop a moderated mediation theory of the relationship between managerial racial diversity and firm performance. Invoking the awareness-motivation-capability (AMC) perspective, we argue that managerial racial diversity relates to firm performance indirectly through its effect on competitive aggressiveness, but that external and internal contingencies moderate this indirect effect. We find that firms with racially diverse management in munificent environments are more able to develop and introduce new competitive actions and thus gain market share and profits. Contrary to our contingency predictions, diversity training was most beneficial for firms with low racial diversity rather than high racial diversity. We tested our model on a pooled time series sample consisting of 115 Fortune 1000 firms that initiated 20,618 actions over a three- year period. Implications for future research and practice are elaborated.

KW - Competitive dynamics

KW - Diversity management

KW - Organizational demography

UR - https://www.scopus.com/pages/publications/85087222784

M3 - Conference article published in proceeding or book

BT - Academy of Management 2010 Annual Meeting - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010

T2 - 70th Annual Meeting of the Academy of Management - Dare to Care: Passion and Compassion in Management Practice and Research, AOM 2010

Y2 - 6 August 2010 through 10 August 2010

ER -

Managerial racial diversity, competitive aggressiveness and Firm performance: A moderated mediation model

Abstract

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

Other files and links

Fingerprint

Cite this