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  • 标题:Cultural Diversity in German Boards
  • 本地全文:下载
  • 作者:Udo Braendle ; Markus Stiglbauer
  • 期刊名称:Problems and Perspectives in Management
  • 印刷版ISSN:1727-7051
  • 电子版ISSN:1810-5467
  • 出版年度:2017
  • 卷号:15
  • 期号:3
  • 页码:179-182
  • DOI:10.21511/ppm.15(3-1).2017.01
  • 语种:English
  • 出版社:LLC "CPC "Business Perspectives"
  • 摘要:The rise of MNCs,the expansion of the EU and several M&As have exposed German boards to a variety of cultures.But does diversity in the boardrooms improve performance? Based on an empirical study on German publicly listed companies,this unique research into cultural diversity answers the question if the level of cultural variety and cultural distance on boards of directors have an influence on firm performance in Germany.The results,which show a negative,linear influence of both cultural variety and cultural distance on operating performance measures,show empirical support for the importance of contextual factors in the relationship between diversity and performance.The authors ask for careful consideration before implementing regulations on board diversity.
  • 关键词:The rise of MNCs,the expansion of the EU and several M&As have exposed German boards to a variety of cultures.But does diversity in the boardrooms improve performance? Based on an empirical study on German publicly listed companies,this unique research into cultural diversity answers the question if the level of cultural variety and cultural distance on boards of directors have an influence on firm performance in Germany.The results,which show a negative,linear influence of both cultural variety and cultural distance on operating performance measures,show empirical support for the importance of contextual factors in the relationship between diversity and performance.The authors ask for careful consideration before implementing regulations on board diversity.
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