• Title/Summary/Keyword: Diversity management

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Board Gender Diversity and Corporate Sustainability Performance: Mediating Role of Enterprise Risk Management

  • FAKIR, A.N.M. Asaduzzaman;JUSOH, Ruzita
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.351-363
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    • 2020
  • The objective of this paper is to explore how board gender diversity affects corporate sustainability performance. Therefore, this paper examines the direct association between board gender diversity with corporate sustainability performance and the mediation effect of enterprise risk management (ERM) on this association. The study employed a cross-sectional survey method. Data were collected from annual reports, websites, and through the questionnaires that were distributed to Chief Financial Officers (CFOs) of all the listed companies of Dhaka Stock Exchange, Bangladesh. The partial least square technique of Structural Equation Modelling (SEM) approach was employed for data analysis. The result did not find support for the direct association between board gender diversity and sustainability performance in Bangladesh context. This implies that contextual factors, such as, male-dominant board, appointment of female directors based on family ties, lack of education and expertise etc. may discount gender diversity direct influence on sustainability performance. However, the study finds strong support for the mediating role of ERM use within the corporate structure. Further analysis of indirect effect suggests that ERM use mediates the relationship of board gender diversity and sustainability performance in full. This implies that in the Bangladesh context effective use of ERM is highly recommended.

The Effects of Blockholder Diversity on the Firm Risk: Evidence from Korea

  • KIM, Hung Sik;CHO, Kyung-Shick
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.261-269
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    • 2021
  • This study examines the effect of block diversity on the risk of firms listed on the Korean Stock Exchange between 2010 and 2017. To examine the effect of block diversity on corporate risk, we measure block diversity in terms of a single component, portfolio size, by referring to prior literature. This diversity component accounts for the differences in portfolio size across corporate blocks. In line with existing research on corporate risk, we consider several variables to measure corporate risk: volatility, beta, and idiosyncratic risk. The results show a negative relationship between the size of a block shareholder's portfolio and corporate risk. We also show no difference in the effect of block diversity on the corporate risk between KOSPI and KOSDAQ. This implies that the difference in portfolio size among corporate blocks reduces corporate risk. This may be due to the effect of inter-block monitoring activities in the Korean securities market, which benefits from block diversity. This empirical result supports previous studies that predicted that block diversity would have beneficial influences on firm monitoring in general. This study is significant in that it analyzes the relationship between block diversity and firm risk and provides relevant information to business practitioners and investors.

New Perspective of Radical Innovation based on Upper Echelon Theory

  • Park, Junghyun;Chung, Doohee;Shin, Jiseon
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2017.05a
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    • pp.651-685
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    • 2017
  • This study examines how experience diversity of chief technology officer (CTO) drives radical innovation of the firm, and the moderation effect of group attributes of top management team. Using data of 148 firms in U.S. manufacturing industries, this study finds that a CTO's diverse functional experience increases a firm radicalness, and diverse industrial experience also increases the radicalness. This study also examined the moderating effect of top management team (TMT) characteristics such as TMT size, TMT tenure, and gender composition in TMT. The positive relationship of CTO knowledge diversity and firm radicalness is weakened as TMT size or TMT tenure increased while the relationship is strengthened as gender diversity in TMT increased. These results of the analysis of firm-level radicalness provide implications for both academics and practitioners.

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The Role of ICT Enabling Diversity Management in Organization through e-HRM (조직 내 다양성 관리를 위한 ICT의 역할: e-HRM을 중심으로)

  • Kim, Moonjoo
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.9
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    • pp.1185-1190
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    • 2018
  • As a countermeasure to the increasing workforce diversity worldwide, this study addresses the need for an ICT (information communication technology) based diversity management function and identifies the role of e-HRM (electronic-human resource management), which enables this function. ICT has essential for the survival and growth of a company. And it is strategically crucial to recruit and manage a workforce efficiently that comprises individuals not only with diverse demographic backgrounds in terms of gender, race, and age, but also with diverse personal history in terms of educational background, functional background, and the number of years working at a previous job, because these are directly related to organizational performance. Based on the fact that only the organizations that utilize ICT adequately in managing diversity can gain a competitive advantage, this paper discusses the implications of ICT-based diversity management for organizations and managers.

Alliance Portfolio Diversity on Innovation Performance - the Role of Internal Capabilities of Value Creation

  • Chung, Doohee;Kim, Marco;Kang, Jina
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2017.05a
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    • pp.357-391
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    • 2017
  • In this study, we suggest a new perspective on the linkage between alliance portfolio diversity and innovation performance based on a contingency approach. Using a longitudinal data set on alliance portfolios and patents of 182 firms in the U.S. manufacturing industries, we examined that alliance portfolio diversity has a U-shaped relationship with firm-level innovation. Internal value creation capabilities in terms of routine and ability are found to moderate the relationship between alliance portfolio diversity and innovation performance: Organizational search routine strengthens the relationship of alliance portfolio diversity and innovation performance while technological capabilities weaken and flip the relationship.

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Analysis of Diversity Management on Organizational Performance: Focused on Japanese Companies Employing the Elderly and Persons with Disabilities (다이버시티 경영의 조직성과에 관한 분석 -일본의 고령자 및 장애인고용기업을 중심으로-)

  • Kim, Moon-Jung;Kim, Hong-Gi
    • The Journal of the Korea Contents Association
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    • v.16 no.12
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    • pp.591-599
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    • 2016
  • This study has examined and compared the Organizational performance of the Diversity management focusing on Japanese Companies Employing the Elderly and persons with disabilities. To achieve the research objectives, I performed T-test. The total number of the date used in this study is 1,704. The findings from the t-tests are: the Organizational Productivity and Organizational security of companies employing the Elderly and persons with disabilities are better than those of companies managing Gender Diversity or not carrying out at all.

Investigating the Effect of Both Team Diversity and Task Difficulty on Team Creativity : Multi-Agent Simulation Approach (팀 다양성과 과업난이도가 팀 창의성에 미치는 영향 : 다중 에이전트 시뮬레이션 접근방법을 중심으로)

  • Chae, Seong Wook;Seo, Young Wook;Lee, Kun Chang
    • Korean Management Science Review
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    • v.32 no.2
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    • pp.111-124
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    • 2015
  • In the management literature, it has been widely accepted among both researchers and practitioners that the level of team creativity is significantly related to the organizational performance. Besides, researchers posited with confidence that team diversity and task difficulty would affect team creativity through team members' activities of exploration and exploitation. However, empirical approaches to proving this belief suffered from lack of real data and proper methods as well. To tackle the research void like this, we propose a multi-agent simulation (MAS) mechanism. By adopting a set of parameters which validity were proven in the related literature, we conducted a series of experiments in the environment of the MAS platform named NetLogo. There sults suggest that managers can differentiate team diversity strategies according to task difficulty. In the case of a difficult task, managers need to increase team diversity so that their teams can maximize team creativity through rigorous exploration and exploitation. It is desirable to maintain an average level of team diversity when performing an easy task.

Ecological Attributes of Species Composition by Topographical Positions in the Natural Deciduous Forest

  • Kim, Ji-Hong;Lee, Hye-Seon;Hwang, Gwang-Mo
    • Journal of Forest and Environmental Science
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    • v.27 no.1
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    • pp.17-22
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    • 2011
  • Based upon the vegetation data of woody plants by plot sampling method in the natural deciduous forest of Mt. Jeombong, the study was carried out to examine importance value, rank abundance curve, and species abundance curve, and comparatively evaluate seven different species diversity indices for Shannon-Wiener index, Simpson index, McIntosh index, Log series, Margalef index, Berger-Parker index, and species richness, according to topographic positions. The minimal area which meant only few more species were increased was 3.48 ha in total. The dominant species of valley were Carpinus cordata, Acer pseudo-sieboldianum, Quercus mongolica, Acer mono, and Abies holophylla, and the dominant species of mid-slope were Quercus mongolica, Acer pseudo-sieboldianum, Carpinus cordata, Tilia amurensis, and Fraxinus rhynchophylla. Moreover, the dominant species of ridge were Quercus mongolica, Acer pseudo-sieboldianum, Tilia amurensis, Fraxinus rhynchophylla, and Acer mono. According to rank abundance curve and species abundance curve, species evenness was also low. All of Log series, species richness, Margalef, and Shannon-Wiener index discriminated that valley had the highest diversity, and ridge had the lowest diversity; but, Simpson index, McIntosh index, and Berger-Parker index represented that mid-slope had the highest diversity, and ridge had the lowest diversity. Uniquely, in Berger-Parker index, mid-slope was the higher value than total.

A Study on the Ground Covering in Landscape Planting -In the Case of the Mongchon Earth Fort- (조경배식에 있어 지피식생조성에 관한 연구 -몽촌토성을 중심으로-)

  • 우종서;이경재
    • Journal of the Korean Institute of Landscape Architecture
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    • v.18 no.4
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    • pp.7-16
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    • 1991
  • This research investigated soil, plants, insects and birds in the Mongchon Earth Fort, establishing the 11 plots, according to planting treatment, in order to present management method for ecological stability of species in the ground covering plots. The results of analysizing the investigated data summarize as follows. 1. In the ground covering plots without upper layer, the density and coverage of middle and low layer in the natural plots were higher than those in the artificial plots. 2. In the ground covering plots without upper layer, the density and coverage of low layer were higher than those in the artificial, while the density and coverage of herb layer in the natural plots were lower. 3. Whether there was upper layer or not, the total species diversity and enenness of the ground covering community in the natural plot without artificial treatment and natural treatment plot were higher than those ground covering. 4. In the ground covering plots with upper layer, the species diversity of ground covering in the plots without artificial treatment is high, while the species diversity in the plots with natural treatment caused the secondary succession is higher than that of the natural plot. 5. In the ground covering plots without upper layer, the species diversity in the plots with artificial management was higher than that of natural plots, while the evenness in the plots with artificial management was lower. 6. In the ground covering plots with upper layer the species diversity of insect in the plot of natural state was higher than that of insect in the plots with artifical treatment. 7. Synthetically, in the area with upper layer the species diversity of the ground covering community in the natural plot was high, while in the area without upper layer, the species diversity of it in the plots with artificial treatment was high. The insect turned up frequently in the plots of high species diversity of the ground covering, so the bird did in the plots of high species diversity of the ground covering and insects.

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