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Leadership Diversity and Its Influence on Equality Initiatives and Performance : Insights for Construction Management
Baker, Marzena Ali, Muhammad French, Erica
Baker, Marzena
Ali, Muhammad
French, Erica
Abstract
Gender-diverse leadership shapes the design and delivery of policies, programs, and practices implemented to address diversity management. Drawing on stakeholder theory, this paper proposes and tests the positive impacts of board gender diversity and top management team gender diversity on diversity-related human resource initiatives and work–life initiatives. Moreover, using strategic human resource management theory and ability–motivation–opportunity theory, this study proposes and tests the positive effects of human resource and work–life initiatives on organizational financial performance. Based on contingency theory, it proposes and tests the moderating effect of an inclusive diversity environment on the initiatives and financial performance relationship. Using time-lagged archival data collected from 367 Australian organizations, findings indicate board gender diversity is positively associated with both human resource and work–life initiatives designed and implemented to address diversity management. Work–life initiatives are positively associated with both increased operating revenue and profit before tax. Further, the work–life initiatives–profit before tax relationship was strongly positive for organizations with a high diversity environment. We discuss theoretical and research contributions and practical implications.
Keywords
Gender equality, board diversity, top management team diversity, human resource initiatives, work–life initiatives, financial performance
Date
2021
Type
Journal article
Journal
Book
Volume
147
Issue
10
Page Range
1-12
Article Number
ACU Department
Peter Faber Business School
Faculty of Law and Business
Faculty of Law and Business
Collections
Relation URI
Event URL
Open Access Status
Open access
License
CC BY 4.0
File Access
Open
Notes
Accepted manuscript available: https://eprints.qut.edu.au/210430/1/Manuscript_Accepted_May_2021.pdf